Arnot Ogden Medical Center

Analysis

Arnot Ogden Medical Center is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in February 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, Arnot Ogden Medical Center reported income of $418.0m and spending of $383.9m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $360.4m to $418.0m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 19%. 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, Arnot Ogden Medical Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Upmc ($417.8m), Redlands Community Hospital ($418.3m) and Bethesda Hospital Inc ($417.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $3.0m (0.8% of expenses). Other salaries and wages came to $157.2m. At year end it held assets of $261.8m against liabilities of $124.3m, net assets of $137.5m. It reported 3,361 employees.