Staten Island University Hospital

Analysis

Staten Island University Hospital is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in April 1988, 38 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, Staten Island University Hospital reported income of $1.51bn and spending of $1.44bn, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.11bn to $1.51bn (+37%), an average of +8.1% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Staten Island University Hospital sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Saint Francis Hospital Inc ($1.51bn), CHG Foundation ($1.53bn) and St Joseph Health Northern California LLC ($1.50bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.1m (0.1% of expenses). Other salaries and wages came to $669.0m. At year end it held assets of $1.79bn against liabilities of $826.4m, net assets of $959.0m. It reported 7,626 employees.