Is Saint Francis Hospital South Llc Legit?

Saint Francis Hospital South Llc demonstrates consistent financial growth and strong operational efficiency. Over the past decade, its revenue has steadily increased from $99.27 million in 2014 to $214.20 million in 2023, indicating a robust demand for its services. The organization consistently reports expenses significantly lower than its revenue, leading to substantial net assets growth, from $82.52 million in 2014 to $162.46 million in 2023. This financial health suggests a well-managed operation capable of sustaining its mission. The organization's spending efficiency appears strong, with expenses typically ranging from 60% to 70% of its revenue across the filing periods. For instance, in 2023, expenses were $144.09 million against $214.20 million in revenue. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency, suggesting that executive compensation is either not reported in this section or is minimal, which could be a positive indicator of resource allocation directly to services. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. While the filings indicate strong financial performance and growth in assets, the lack of detailed expense categorization (e.g., program services vs. administrative/fundraising) in the provided data limits a full transparency assessment regarding how funds are allocated. The consistent growth in assets and revenue, coupled with low liabilities relative to assets, points to a financially stable and well-managed entity. The absence of reported officer compensation is a positive sign for resource allocation, but further detail on overall compensation structures would enhance transparency.