St Jude Hospital
Analysis
St Jude Hospital is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in March 1946, 80 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 December 2023, St Jude Hospital reported income of $932.4m and spending of $906.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $703.5m to $932.4m (+33%), an average of +7.3% a year. Over the whole period it spent 95% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Jude Hospital sits at the 99th 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 Saint Francis Hospital and Medical Center ($931.4m), New York-Presbyterian Brooklyn Methodist ($932.6m) and St Joseph Hospital of Orange ($929.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $533k (0.1% of expenses). Other salaries and wages came to $260.9m. At year end it held assets of $1.22bn against liabilities of $468.0m, net assets of $754.5m. It reported 3,323 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.5%
- Program services 96%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Saint Francis Hospital and Medical Center | Hartford | $931.4m |
| New York-Presbyterian Brooklyn Methodist | Brooklyn | $932.6m |
| St Joseph Hospital of Orange | Orange | $929.0m |
| Mary Washington Healthcare | Fredericksbrg | $937.2m |