Delaware Valley Hospital Inc

Analysis

Delaware Valley Hospital Inc is a registered charity in United States, based in Walton, NY. It received its IRS tax-exemption ruling in April 1953, 73 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, Delaware Valley Hospital Inc reported income of $43.1m and spending of $34.7m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.8m to $43.1m (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Delaware Valley Hospital Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Brown Neurology ($43.0m), The Craig and Frances Lindner Center of Hope ($43.1m) and Pillar Care Continuum Inc ($43.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.0m (2.9% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $46.6m against liabilities of $7.5m, net assets of $39.1m. It reported 244 employees.