York Hospital

Analysis

York Hospital is a registered charity in United States, based in York, ME. It received its IRS tax-exemption ruling in May 1938, 88 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, York Hospital reported income of $210.4m and spending of $221.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $199.7m to $210.4m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, York Hospital sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within ME. Charities of a similar size with the same main cause include Methodist Lebonheur Healthcare ($209.8m), Central Texas Community Health Centers ($210.4m) and Saint Francis Hospital Muskogee Inc ($209.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.1m (0.9% of expenses). Other salaries and wages came to $86.3m. At year end it held assets of $112.9m against liabilities of $54.8m, net assets of $58.1m. It reported 1,334 employees.