Geneva General Hospital

Analysis

Geneva General Hospital is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in December 1968, 58 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, Geneva General Hospital reported income of $108.5m and spending of $121.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $98.9m to $108.5m (+9.7%), an average of +2.4% a year. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Geneva General Hospital sits at the 95th percentile: it is larger than about 95% 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 Shore Health Services Inc ($108.4m), American Lung Association ($108.6m) and American Society of Hematology Inc ($108.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $4.2m (3.5% of expenses). Other salaries and wages came to $47.7m. At year end it held assets of $208.9m against liabilities of $46.4m, net assets of $162.5m. It reported 899 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.