Schuyler Hospital Inc

Analysis

Schuyler Hospital Inc is a registered charity in United States, based in Montour Falls, NY. It received its IRS tax-exemption ruling in August 1937, 89 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, Schuyler Hospital Inc reported income of $47.2m and spending of $47.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.8m to $47.2m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Schuyler Hospital Inc sits at the 93rd percentile: it is larger than about 93% 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 Bassett Hospital of Schoharie County ($47.1m), Dothouse Health Inc ($47.2m) and Co-Mhar Inc ($47.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $499k (1.0% of expenses). Other salaries and wages came to $21.6m. At year end it held assets of $51.8m against liabilities of $18.2m, net assets of $33.7m. It reported 409 employees.