Peacehealth St John Medical Center Foundation

Analysis

Peacehealth St John Medical Center Foundation is a registered charity in United States, based in Longview, WA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Peacehealth St John Medical Center Foundation reported income of $2.3m and spending of $1.7m, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $905k to $2.3m (+149%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 112%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Peacehealth St John Medical Center Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Melvin S Cohen Trust Fbo Minneapolis Fed for Jewish Service ($2.3m), Joseph Cannon Christmas TR Uw ($2.3m) and The Womens Resource of Greater Houston ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $6.2m against liabilities of $74k, net assets of $6.1m.