Stanford Health Care 227

Analysis

Stanford Health Care 227 is a registered charity in United States, based in Stanford, CA. It received its IRS tax-exemption ruling in June 1959, 67 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 August 2023, Stanford Health Care 227 reported income of $7.05bn and spending of $6.58bn, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.74bn to $7.05bn (+49%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stanford Health Care 227 sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Vanderbilt University Medical Center ($6.92bn), RWJ Barnabas Health Inc ($7.07bn) and Advocate Health and Hospitals Corporation ($6.90bn).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $13.6m (0.2% of expenses). Other salaries and wages came to $1.95bn. At year end it held assets of $10.80bn against liabilities of $4.28bn, net assets of $6.51bn. It reported 19,335 employees.