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Kentucky · Nonprofit

St Elizabeth Medical Center Inc

St Elizabeth Medical Center Inc (Kentucky) receives grants from 54 organizations whose IRS filings report $10,140,234 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,705,725). 31 of them have funded it in more than one year.

Revenue FY2024
$2.2B
Funders on record
54
Grants received
$10M
Net assets
$2.5B
31/54 repeat funderspeak grant-dependency 0%
01What it does

What St Elizabeth Medical Center Inc does

Mission

As a catholic healthcare ministry, we provide comprehensive and compassionate care that improves the health of the people we serve.

As stated on its FY2024 Form 990.

Program

  1. St. Elizabeth Healthcare is one of the oldest, largest and most respected medical providers in the Northern Kentucky, Southwestern Ohio and Southeastern Indiana Areas. For more than 150 years, St. Elizabeth has been the heart and soul of healthcare in Northern Kentucky. Founded with one small hospital in 1861, St. Elizabeth Healthcare now operates six facilities throughout Northern Kentucky and Southeast Indiana - St. Elizabeth Covington, St. Elizabeth Edgewood, St. Elizabeth Florence, St. Elizabeth Ft. Thomas, St. Elizabeth Grant and St. Elizabeth Dearborn. St. Elizabeth Healthcare is sponsored by the Diocese of Covington and provided approximately $71 million in uncompensated care and benefit to the community in 2023. Within our thriving, multi-faceted organization, some of the nation's top medical professionals are working together to deliver the best care available to these areas. Our mission is to provide comprehensive and compassionate care that improves the health of the people we serve. We accomplish this through state of the art technology and our dedicated associates, led by a well-respected board and executive leadership team who love this organization and our…

    $1,102,380,803 spentof which $10,022,846 as grants$1,903,156,677 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,102,380,803.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.2B) Expenses 100 ($1.1B) Net assets 100 ($1.3B)2018 Revenue 103 ($1.2B) Expenses 105 ($1.1B) Net assets 102 ($1.3B)2019 Revenue 109 ($1.3B) Expenses 108 ($1.2B) Net assets 116 ($1.5B)2020 Revenue 121 ($1.4B) Expenses 117 ($1.3B) Net assets 135 ($1.8B)2021 Revenue 153 ($1.8B) Expenses 144 ($1.6B) Net assets 162 ($2.1B)2022 Revenue 149 ($1.8B) Expenses 156 ($1.7B) Net assets 154 ($2.0B)2023 Revenue 162 ($1.9B) Expenses 168 ($1.8B) Net assets 177 ($2.3B)2024 Revenue 184 ($2.2B) Expenses 185 ($2.0B) Net assets 194 ($2.5B)
'17'18'19'20'21'22'23'24
Revenue (184)Expenses (185)Net assets (194)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.6B to $3.1B (+19%).

$1.8B
$1.8B
$2.2B
$2.6B
$3.1B
$2.9B
$3.2B
$3.4B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 4% · 2021 1% · 2022 1% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of St Elizabeth Medical Center Inc’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$110M
’17
$89M
’18
$130M
’19
$175M
’20
$266M
’21
$89M
’22
$114M
’23
$193M
’24
1.4
months of
reserve
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 19 funders, grant income rose $97k → $1.3M.

10 of 54 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.4M from 6 payers (the payer shares this organization's board, largest Horizon Community Funds of Northern Kentucky). These are real filings, and they are not money St Elizabeth Medical Center Inc raised.

From the IRS filings of St Elizabeth Medical Center Inc’s funders (the co-funder graph). Top 30 of 54 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

St Elizabeth Medical Center Inc has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

51% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund St Elizabeth Medical Center Inc.

27%
largest funder
52%
top three
~8
effective funders

Largest funder’s share by year: 2017 65% · 2018 40% · 2019 21% · 2020 36% · 2021 30% · 2022 34% · 2023 39% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

34% of St Elizabeth Medical Center Inc's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

St Elizabeth Medical Center Inc draws 75% of its grant income from funders outside Kentucky, across 14 states in all.

WA
IL
WI
MA
IN
OH
PA
NJ
CO
KY
NC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $3.9M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

St Elizabeth Medical Center Inc runs a healthier operating margin than three-quarters of the 2,076 health nonprofits its size.

Operating margin9% · top quartile
Months of reserve1.4mo · above the median
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 2,076 health nonprofits over $100M, FY2024

Government funding St Elizabeth Medical Center Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.5M on record — $3.5M federal, $215 state.

Federal$3.5M
grants $3.5Mcontracts $0
20
21
22
23
24
25
Top agencies
  • Department of Health and Human Services$3.5M
State$215
17
20
21
22
25
By state
  • FL$140
  • MA$75

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like St Elizabeth Medical Center Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

61% of spending goes to programs.

Program 61%Management 39%Fundraising 0%

Governance

16
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

34%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

IN
KY

Part of a family of 9 related entities

  • St Elizabeth Physician Services · disregarded
  • SEH Holdings Inc · disregarded
  • Next Daybreak Inc · disregarded
  • Summit Medical Group Inc · exempt
  • Healthcare Advocates of Northern Kentucky · exempt

Screen this organization

A dated, signed PDF of the compliance screen for St Elizabeth Medical Center Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds St Elizabeth Medical Center Inc?
St Elizabeth Medical Center Inc (Kentucky) receives grants from 54 organizations whose IRS filings report $10,140,234 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,705,725). 31 of them have funded it in more than one year.
How many funders does St Elizabeth Medical Center Inc have?
IRS filings report 54 organizations giving $10,140,234 in grants to St Elizabeth Medical Center Inc, 31 of which have funded it in more than one year.
Who is the largest funder of St Elizabeth Medical Center Inc?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,705,725 in grants. The full list of funders is on this page.
How can an organization like St Elizabeth Medical Center Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 54 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing