St Francis Healthcare Foundation

Analysis

St Francis Healthcare Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Francis Healthcare Foundation reported income of $1.4m and spending of $2.8m, spending 206% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.6m to $1.4m (-62%), an average of -22% a year. The sharpest change came in the year to June 2020, when income rose by 92%. Over the whole period it spent 162% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Healthcare Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within HI. Charities of a similar size with the same main cause include Calvary Towers Inc ($1.4m), C N Wodehouse Faculty Benefit Trust at Punahou School ($1.4m) and Sisters of St Francis-Mt Alvernomarian Residence ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% of the total. Other salaries and wages came to $104k. It paid $90k in professional fundraising fees. At year end it held assets of $10.1m against liabilities of $1.5m, net assets of $8.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.