St Anthony Medical Centers

Analysis

St Anthony Medical Centers is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. 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, St Anthony Medical Centers reported income of $9.5m and spending of $7.3m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $9.5m (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Anthony Medical Centers sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Bleuler Psychotherapy Center Inc ($9.5m), Youth Leadership Institute ($9.5m) and Georgia Eye Bank Inc ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $808k (11% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $7.6m against liabilities of $2.4m, net assets of $5.2m. It reported 73 employees.