Brooks-Tlc Hospital System Inc

Analysis

Brooks-Tlc Hospital System Inc is a registered charity in United States, based in Dunkirk, NY. It received its IRS tax-exemption ruling in November 1949, 77 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, Brooks-Tlc Hospital System Inc reported income of $68.9m and spending of $59.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $62.5m to $68.9m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 17%. 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, Brooks-Tlc Hospital System Inc sits at the 94th percentile: it is larger than about 94% 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 Valley Home Care Inc ($68.8m), Siouxland Regional Cancer Center ($68.9m) and Magee-Womens Research Institute and Foundation ($68.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $242k (0.4% of expenses). Other salaries and wages came to $27.5m. At year end it held assets of $49.6m against liabilities of $24.9m, net assets of $24.7m. It reported 445 employees.