St Josephs Hospital Yonkers

Analysis

St Josephs Hospital Yonkers is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in February 1975, 51 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Josephs Hospital Yonkers reported income of $304.0m and spending of $295.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $235.2m to $304.0m (+29%), an average of +6.6% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Josephs Hospital Yonkers 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 Integris South Oklahoma City Hospital Corporation ($303.2m), Southeastern Regional Medical Center ($304.1m) and Franciscan Missionaries of Our Lady Health System Inc ($303.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $3.7m (1.3% of expenses). Other salaries and wages came to $138.2m. At year end it held assets of $284.0m against liabilities of $316.7m, net assets of -$32.7m. It reported 2,374 employees.