St Johns Riverside Hospital

Analysis

St Johns Riverside Hospital is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in August 1945, 81 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, St Johns Riverside Hospital reported income of $314.1m and spending of $366.1m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $274.0m to $314.1m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Johns Riverside Hospital sits at the 98th percentile: it is larger than about 98% 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 Memorial Hospital Flagler Inc ($313.9m), Ascension All Saints Hospital Inc ($314.5m) and Samaritan Daytop Village Inc ($313.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $5.1m (1.4% of expenses). Other salaries and wages came to $158.9m. At year end it held assets of $171.2m against liabilities of $262.6m, net assets of -$91.4m. It reported 2,622 employees.