Elizabethtown Community Hospital

Analysis

Elizabethtown Community Hospital is a registered charity in United States, based in Elizabethtown, NY. It received its IRS tax-exemption ruling in December 1938, 88 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 September 2023, Elizabethtown Community Hospital reported income of $66.5m and spending of $60.8m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $47.2m to $66.5m (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elizabethtown Community Hospital sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Trinity Health Mid-Atlantic Medical Group F-K-A Langhorne Physician Se ($66.5m), Chapa-De Indian Health Program Inc ($66.6m) and Aurora Comprehensive Community Mental Health Center Inc ($66.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.7m (2.8% of expenses). Other salaries and wages came to $28.9m. At year end it held assets of $82.9m against liabilities of $27.3m, net assets of $55.5m. It reported 426 employees.