Sun River Health Inc
Analysis
Sun River Health Inc is a registered charity in United States, based in Peekskill, NY. It received its IRS tax-exemption ruling in January 1976, 50 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, Sun River Health Inc reported income of $296.6m and spending of $279.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $353.9m to $296.6m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 90% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sun River Health Inc 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 Lodi Memorial Hospital Association Inc ($296.1m), Umass Memorial Health-Milford Regional Medical Center Inc ($296.7m) and North Platte Nebraska Hospital Corporation ($295.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $4.0m (1.4% of expenses). Other salaries and wages came to $132.0m. At year end it held assets of $536.2m against liabilities of $123.3m, net assets of $412.9m. It reported 2,204 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 69%
- Other 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lodi Memorial Hospital Association Inc | Roseville | $296.1m |
| Umass Memorial Health-Milford Regional Medical Center Inc | Milford | $296.7m |
| North Platte Nebraska Hospital Corporation | North Platte | $295.7m |
| St Elizabeths Hospital of the Hospital Sisters of the Third Orde | Springfield | $297.2m |