St Vincent Infirmary Medical Center is a 501(c)(3) organization based in Phoenix, Arizona, registered in 2018, with $543,951,222 in FY2023 revenue. CharityIndex grades it C, and it directs about 93% of spending to programs.
Revenue (FY2023)
$544.0M
▲ 8.0% vs prior year
Health median: $840K
Expenses (FY2023)
$662.7M
Net assets
-$530.8M
Employees
3,507
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 St Vincent Infirmary Medical Center: 93% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
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 St Vincent Infirmary Medical Center: 0 mo reserves · -22% margin earns a F on this criterion. See the exact thresholds →
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 St Vincent Infirmary Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 St Vincent Infirmary Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To provide holistic care addressing the physical, spiritual, and psycho-social needs of our patients in a variety of settings, all springing from the same mission and fundamental purpose.
Revenue grew from $407.2M (FY2013) to $544.0M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-21.8%
Spent more than it raised in the latest fiscal year.
Total assets
$974.8M
Total liabilities
$1.5B
Net assets
-$530.8M
Salaries & benefits
$264.9M
40% of expenses
Board members
21
15 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $543,951,222▲8.0% | $662,706,371▲8.0% | -$530,805,615▼29.0% | $974,823,232▲15.6% | 990 |
| 2022 | $503,707,626▼2.6% | $613,387,203▲6.2% | -$411,442,588▼36.3% | $843,008,878▲15.7% | 990 |
| 2021 | $517,018,246▲1.2% | $577,528,863▲3.6% | -$301,763,179▼27.0% | $728,373,003▼36.6% | 990 |
| 2020 | $510,888,320▲5.5% | $557,416,633▲8.9% | -$237,567,278▼13.8% | $1,148,625,414▲28.9% | 990 |
| 2019 | $484,170,055▲9.8% | $511,855,835▼9.5% | -$208,724,006▼7.9% | $890,857,599▲58.1% | 990 |
| 2018 | $440,794,805▼7.3% | $565,598,693▲10.2% | -$193,474,586▼182% | $563,401,878▼24.6% | 990 |
| 2017 | $475,723,922▲1.8% | $513,099,087▲5.4% | -$68,617,961▼76.8% | $747,014,410▼36.9% | 990 |
| 2016 | $467,321,349▲2.2% | $486,934,892▲2.4% | -$38,815,307▼103% | $1,184,038,205▲153% | 990 |
| 2015 | $457,357,754▲0.1% | $475,446,083▲1.2% | -$19,082,498▼2176% | $467,634,829▼2.2% | 990 |
| 2014 | $456,732,257▲12.2% | $469,747,513▲3.7% | -$838,537▼107% | $478,126,650▼0.3% | 990 |
| 2013 | $407,230,206 | $452,884,793▲5.5% | $12,812,070▼78.3% | $479,522,596▲32.6% | 990 |
| 2012 | — | $429,444,079▲8.2% | $59,024,006▼44.0% | $361,577,448▲10.2% | 990 |
| 2011 | — | $396,867,956▲13.3% | $105,417,291▲8.2% | $328,040,559▲16.6% | 990 |
| 2010 | — | $350,317,885▲2.9% | $97,392,807▼1.5% | $281,438,848▲6.7% | 990 |
| 2009 | — | $340,553,235 | $98,911,531 | $263,847,989 | 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.
Highest-paid: Thurston Bauer Md — $2,188,824 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thurston Bauer Md | Cardiovascular Surgeon | 40 | $2,188,824 |
| Thomas Wallace Md | Electro Physiologist | 40 | $1,947,051 |
| Frederick Meadors Md | Cardiovascular Surgeon | 40 | $1,811,467 |
| S Rayburn Md | Cardiovascular Surgeon | 40 | $1,771,316 |
| Kenneth Howell Md | Cardiovascular Surgeon | 40 | $1,742,285 |
| Chad Aduddell | Market President | 55 | $1,084,879 |
| Douglas Ross Md | President-st Vin Hs-mkt Cmo | 40 | $796,994 |
| Clayton Borg Md | Board Member / Chief of Staff | 40 | $735,628 |
| Shawn Barnett | Mkt Svp Coo, Former Cfo | 40 | $669,936 |
| Joshua Szostek | Treasurer Market Vp Operational Finance | 50 | $308,508 |
| Laura Cook | Mkt Svp Development | 40 | $289,526 |
| Michael Rose Md | Board Member/ Vice Chief of Staff (partial Year) | 1 | $92,680 |
| Barbara G Williams Phd Rn | Board Member | 1 | — |
| Bill Dillard III | Board Chair | 1 | — |
| Brad Hegeman | Board Member | 1 | — |
| Carey Ruff | Board Member | 1 | — |
| Cynthia Dunlap | Board Member / Chief of Fiscal Officer | 1 | — |
| Doug Lawson Md | Board Member/president-southern Division | 1 | — |
| Eric Jackson | Board Member | 1 | — |
| James Newman | Board Member | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Engagemed Inc | Consulting Services | $55,774,276 |
| Mckesson Specialty Health | Healthcare Consulting | $22,353,846 |
| Amn Healthcare | Healthcare Consulting | $11,471,319 |
| Southern Regl Anesthesiology | Anesthesiology Services | $9,849,136 |
| Youngs Professional Services | Anesthesiology Services | $4,335,680 |
2 grants to St Vincent Infirmary Medical Center totaling $644K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Commonspirit Health | Health connections initiative | 2015 | $342,165 |
| Commonspirit Health | Health connections initiative | 2014 | $301,568 |
9 grants totaling $377K in FY2023. All grants made by St Vincent Infirmary Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Cooperative Christian Ministries and Clinic | Community health improvement grant | $82,762 |
| D1 Sports Training Little Rock | Sponsorship | $72,000 |
| Women & Children First the Center Against Family Violence | Sponsorship | $55,076 |
| University of Central Arkansas Foundation Inc | Donation | $50,000 |
| The Safe Place Inc | Community health improvement grant | $31,112 |
| Project Hope Food Bank Inc | Community health improvement grant | $30,000 |
| Depaul USA Inc | Community health improvement grant | $25,800 |
| Divine Mercy Health Center | Community health improvement grant | $24,969 |
| Centers For Youth and Families Foundation | Sponsorship | $5,000 |
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Data for St Vincent Infirmary Medical Center (EIN 71-0236917) 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.