SSM Health Foundation

Analysis

SSM Health Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, SSM Health Foundation reported income of $2.1m and spending of $476k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.3m to $2.1m (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 8.7% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, SSM Health Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Idaho Coalition Against Sexual and Domestic Violence Inc ($2.1m), The Rainbow Project Inc ($2.1m) and Tidewater Volleyball Association ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.2m against liabilities of $221k, net assets of $5.0m.