St Marys Medical Center Foundation

Analysis

St Marys Medical Center Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, St Marys Medical Center Foundation reported income of $2.6m and spending of $3.0m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $2.6m (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Marys Medical Center Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include East Texas Council on Alcoholism and Drug Abuse ($2.6m), Positive Action Against Chemical Addiction Inc ($2.6m) and The Healthy US Collaborative Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. It paid $39k in professional fundraising fees. At year end it held assets of $42.6m against liabilities of $4.2m, net assets of $38.4m.