Auburn Community Hospital

Analysis

Auburn Community Hospital is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in November 1942, 84 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, Auburn Community Hospital reported income of $183.1m and spending of $167.1m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112.7m to $183.1m (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Auburn Community Hospital sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Montgomery General Hospital Inc ($182.3m), Corning Hospital ($183.1m) and Healthpoint ($182.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $725k (0.4% of expenses). Other salaries and wages came to $59.5m. At year end it held assets of $157.9m against liabilities of $59.1m, net assets of $98.8m. It reported 1,369 employees.