Saint Agnes Medical Center

Analysis

Saint Agnes Medical Center is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in September 1948, 78 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Saint Agnes Medical Center reported income of $624.8m and spending of $681.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $542.0m to $624.8m (+15%), an average of +3.6% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Agnes Medical Center sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Greater Baltimore Medical Center ($624.7m), Blessing Hospital ($625.1m) and Concord Hospital Inc ($623.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $3.9m (0.6% of expenses). Other salaries and wages came to $258.6m. At year end it held assets of $647.7m against liabilities of $237.1m, net assets of $410.6m. It reported 3,843 employees.