Dec 18, 2023 1 min read

13 Employees, $56M in Revenue, 89% Salary Expense?

"AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE."

Copy Paste mission statement of Providence Hospital, but this is a 13 employee company

Providence St Joseph Health has a corporation tax id 81-1244422, started in 2015

Non profits need to have a Statement of an organizations mission:

"AS a EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE."

The Non Profit company that manages Providence / St Joseph has approximately 10 employees.

The Revenue to run the Non Profit was $38M

Salaries/Wages/Benefits were $37M

What benefit does this non profit provide the community with $4Billion of Assets?

The Property Tax alone is equal to the property tax 25,000 $1 Million Homes.