Champlain Valley Physicians Hospital Medical Center

Analysis

Champlain Valley Physicians Hospital Medical Center is a registered charity in United States, based in Plattsburgh, NY. It received its IRS tax-exemption ruling in June 1932, 94 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Champlain Valley Physicians Hospital Medical Center reported income of $419.0m and spending of $458.4m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $370.1m to $419.0m (+13%), an average of +3.2% 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, Champlain Valley Physicians Hospital Medical Center 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 Norwalk Hospital Association ($419.0m), Christus Health Central Louisiana ($419.6m) and Pasco-Pinellas Hillsborough Community Health System Inc ($418.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.4m (0.5% of expenses). Other salaries and wages came to $197.0m. At year end it held assets of $201.3m against liabilities of $197.2m, net assets of $4.1m. It reported 2,487 employees.