St James Hospital

Analysis

St James Hospital is a registered charity in United States, based in Hornell, NY. It received its IRS tax-exemption ruling in March 1990, 36 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 June 2023, St James Hospital reported income of $51.9m and spending of $58.9m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $65.9m to $51.9m (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2021, when income rose by 154%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St James Hospital 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 Mens Health Foundation ($51.8m), Fairfield Memorial Hospital Association ($51.9m) and Care Plus NJ Inc ($51.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $330k (0.6% of expenses). Other salaries and wages came to $19.1m. At year end it held assets of $91.6m against liabilities of $31.3m, net assets of $60.3m. It reported 457 employees.