Claxton-Hepburn Medical Center

Analysis

Claxton-Hepburn Medical Center is a registered charity in United States, based in Ogdensburg, NY. It received its IRS tax-exemption ruling in January 1955, 71 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, Claxton-Hepburn Medical Center reported income of $143.1m and spending of $128.8m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $103.8m to $143.1m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Claxton-Hepburn Medical Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include The May Institute Inc ($142.9m), Clifton Springs Sanitarium Co ($143.1m) and Community Health Aide Services Inc ($142.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $998k (0.8% of expenses). Other salaries and wages came to $43.4m. At year end it held assets of $161.3m against liabilities of $70.8m, net assets of $90.5m. It reported 897 employees.