St Mary Medical Center

Analysis

St Mary Medical Center is a registered charity in United States, based in Apple Valley, CA. It received its IRS tax-exemption ruling in December 1972, 54 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 Mary Medical Center reported income of $395.7m and spending of $386.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $381.8m to $395.7m (+3.7%), an average of +0.9% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Mary Medical Center sits at the 98th percentile: it is larger than about 98% 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 Methodist Healthcare Ministries of South Texas Inc ($394.0m), South Lake Hospital Inc ($395.9m) and Montefiore Health System Inc ($393.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $217k (0.1% of expenses). Other salaries and wages came to $136.9m. At year end it held assets of $619.2m against liabilities of $74.7m, net assets of $544.5m. It reported 1,868 employees.