Providence Hospital
68% goes to programs $0 to raise $100 Thin reserves Growing revenue
Providence Hospital is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 1946, with $8,019,009 in FY2023 revenue. CharityIndex grades it C, and it directs about 68% of spending to programs.
Po Box 45998, Saint Louis, MO, 63145 EIN 53-0196636 Since 1946
Revenue (FY2023)
$8.0M
▼ 51.4% vs prior year
Health median: $840K
Expenses (FY2023)
$16.2M
Net assets
-$7.3M
Employees
215
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
C+Program efficiency40% of the rating68% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Providence Hospital: 68% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -102% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Providence Hospital: 0 mo reserves · -102% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Providence Hospital: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Providence Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To improve the health and well-being of all people in the communities we serve.
Contact & location
- Address
- Po Box 45998, Saint Louis, MO, 63145
- City
- Saint Louis
- State
- Missouri
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $190.0M (FY2013) to $8.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $13.4MNet assets -$7.3M
Operating margin
-102.1%
Spent more than it raised in the latest fiscal year.
Total assets
$6.1M
Total liabilities
$13.4M
Net assets
-$7.3M
Salaries & benefits
$7.6M
47% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $8,019,009▼51.4% | $16,207,595▼68.4% | -$7,255,209▼8.4% | $6,140,498▼4.4% | 990 |
| 2022 | $16,501,935▲218% | $51,341,113▲227% | -$6,693,743▼120% | $6,425,613▼83.1% | 990 |
| 2021 | $5,191,734▼19.7% | $15,713,804▲3.0% | $33,678,106▲45.1% | $38,005,356▼5.7% | 990 |
| 2020 | $6,465,043▼36.6% | $15,261,753▼5.8% | $23,215,007▼0.4% | $40,301,832▼4.1% | 990 |
| 2019 | $10,196,647▼93.4% | $16,199,684▼89.9% | $23,313,762▲16.1% | $42,003,987▼39.3% | 990 |
| 2018 | $155,293,891▼15.5% | $160,260,062▼26.0% | $20,087,415▼67.0% | $69,203,094▼62.7% | 990 |
| 2017 | $183,844,183▼15.6% | $216,673,448▼12.2% | $60,825,435▲1958% | $185,588,473▼5.7% | 990 |
| 2016 | $217,869,074▲2.5% | $246,911,668▲11.1% | $2,955,377▼94.2% | $196,822,518▼9.6% | 990 |
| 2015 | $212,619,570▲0.4% | $222,323,590▲6.3% | $51,046,435▼34.7% | $217,711,078▲4.4% | 990 |
| 2014 | $211,783,856▲11.5% | $209,067,906▲1.3% | $78,180,741▲16.4% | $208,550,457▲3.0% | 990 |
| 2013 | $189,969,073 | $206,419,365▼0.3% | $67,170,210▼21.0% | $202,395,478▼7.8% | 990 |
| 2012 | — | $207,069,320▲10.7% | $85,054,372▼8.5% | $219,426,841▲7.4% | 990 |
| 2011 | — | $187,104,997▼15.3% | $92,934,626▲10.0% | $204,223,400▲5.1% | 990 |
| 2010 | — | $221,000,245▼2.6% | $84,496,439▲20.1% | $194,342,519▲3.2% | 990 |
| 2009 | — | $226,995,999 | $70,333,907 | $188,374,433 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Shadi Soufi Md — $470,578 (2.90% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Shadi Soufi Md | Physician | 50 | $470,578 |
| Bindu C Joseph Md | Physician | 50 | $436,149 |
| Asim Haracic Md | Physician | 50 | $390,021 |
| Olusola Malomo Md | Medical Director | 50 | $335,242 |
| Melissa T Fagonde Md | Physician | 50 | $294,230 |
| Edward R Lovern | Former Officer (end 5/2023) | 0 | — |
| Mitchell G Lomax | Director/cfo, Ministry Market | 0 | — |
| Peter M Leibold | Director | 0 | — |
| Scott M Furniss | Former Officer (end 1/2020) | 0 | — |
| William B Higginbotham | Director/interim Pres & Ceo (end 9/2023)/pres & Ceo (start 9/2023) | 0 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Steptoe & Johnson LLP | Legal Services | $207,012 |
| Venable LLP | Legal Services | $177,525 |
Grants received · $68.9M total
4 grants to Providence Hospital totaling $68.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ascension Health Alliance | General support | 2018 | $68,830,362 |
| Greater Washington Community Foundation | General support building | 2018 | $10,000 |
| Catholic Charities of the Archdiocese of Washington Inc | Program assistance | 2017 | $10,000 |
| George Washington University | Subaward | 2014 | $33,000 |
Grants made · $56K in FY2023
1 grant totaling $56K in FY2023. All grants made by Providence Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Providence Health Alliance Inc | General operational support | $56,088 |
Similar organizations in Health
Health
Reproductive Health Services of Planned Parenthood Great Rivers
Saint Louis, MO
$8.0M
Bannual revenue
- Health
Sacred Heart Rehabilitation Institute Inc
Saint Louis, MO
$7.9M
Bannual revenue
Health
Heartland Foundation
Saint Joseph, MO
$7.7M
Bannual revenue
Health
Alexian Brothers Medical Group Specialty Care
Saint Louis, MO
$7.6M
Dannual revenue
Health
The Research Foundation
Kansas City, MO
$7.6M
Bannual revenue
- Health
Upward Smiles Inc
Festus, MO
$7.3M
C+annual revenue
Health
Medical Plaza Imaging Associates LLC
Kansas City, MO
$7.3M
Bannual revenue
Health
Fordland Clinic Inc
Fordland, MO
$9.0M
Bannual revenue
Health
Truman Medical Center Professional and General Liability Self-ins Tr
Kansas City, MO
$9.0M
Dannual revenue
Health
Mennonite Home Association Inc
Hannibal, MO
$9.2M
Bannual revenue
Compare Providence Hospital
Frequently asked questions
- Is Providence Hospital a legitimate nonprofit?
- Yes. Providence Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 53-0196636, based in Saint Louis, Missouri. Donations are tax-deductible.
- What is Providence Hospital's EIN?
- Providence Hospital's Employer Identification Number (EIN) is 53-0196636.
- How much revenue does Providence Hospital report?
- Providence Hospital reported $8,019,009 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Providence Hospital's spending goes to programs?
- Providence Hospital spends about 68% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Providence Hospital have?
- CharityIndex grades Providence Hospital C, based on program efficiency and fundraising cost.
- How much does Providence Hospital's highest-paid employee make?
- The highest reported compensation on Providence Hospital's latest Form 990 is $470,578, paid to Shadi Soufi Md (Physician).
More nonprofits in Saint Louis
Explore more
Data for Providence Hospital (EIN 53-0196636) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.