Huntington Hospital Association

Analysis

Huntington Hospital Association is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in October 1946, 80 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, Huntington Hospital Association reported income of $722.9m and spending of $672.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $511.7m to $722.9m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Huntington Hospital Association sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Overlake Medical Center & Clinics ($722.1m), Mercy Hospital Oklahoma City Inc ($724.7m) and Boca Raton Regional Hospital Inc ($720.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $3.0m (0.5% of expenses). Other salaries and wages came to $336.7m. At year end it held assets of $772.1m against liabilities of $333.5m, net assets of $438.6m. It reported 3,429 employees.