Southampton Hospital Association

Analysis

Southampton Hospital Association is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in June 1942, 84 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southampton Hospital Association reported income of $22.7m and spending of $913k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $22.7m (+173%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 284%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southampton Hospital Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include West Philadelphia Community Mental Health Consortium Inc ($22.7m), Community Access Network Inc ($22.7m) and Lakeland Immediate Care Center ($22.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. At year end it held assets of $98.6m against liabilities of $33.7m, net assets of $64.9m.