Nathan Littauer Hospital Association

Analysis

Nathan Littauer Hospital Association is a registered charity in United States, based in Gloversville, NY. It received its IRS tax-exemption ruling in October 1948, 78 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, Nathan Littauer Hospital Association reported income of $117.1m and spending of $132.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $114.4m to $117.1m (+2.3%), an average of +0.6% a year. 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, Nathan Littauer Hospital Association sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Mile Bluff Medical Center Inc ($116.7m), Planned Parenthood Los Angeles ($117.2m) and Project Renewal Inc ($116.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.3m (1.0% of expenses). Other salaries and wages came to $63.3m. At year end it held assets of $111.8m against liabilities of $39.4m, net assets of $72.5m. It reported 1,205 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.