SAINT AGNES MEDICAL CENTER
Mission Statement
Saint Agnes Medical Center in Fresno, California is a cutting-edge, 436-bed, multi-service medical facility that provides advanced equipment and top-ranked physicians to patients throughout the Central Valley. Services include: Cancer Programs, Cardiac Rehabilitation, Spiritual Care, Language Assistance, Women/Infant Programs and Emergency Services. The Medical Center also has a number of charitable programs for at-risk and disadvantaged patients such as Heavenly Hounds Pet Therapy, the Holy Cross Center for Women, and the Holy Cross Center Clinics at the Poverello House. These programs are provided to patients free of charge thanks to, in large part, the support of our wonderful Men’s and Women’s clubs.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.7% | 87.3% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.2% | 12.7% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
159.9% | 478.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.2 mo | 6.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
36.6% | 46.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.3% | 96.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-1.7% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.3% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-9.0% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $624.8M | $681.1M | $410.6M | 92.7% | 3843 |
| 2022 | $635.3M | $646.6M | $502.2M | 93.4% | 3558 |
| 2021 | $605.5M | $534.8M | N/A | — | 3271 |
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