Bertrand Chaffee Hospital

Analysis

Bertrand Chaffee Hospital is a registered charity in United States, based in Springville, NY. It received its IRS tax-exemption ruling in July 1952, 74 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, Bertrand Chaffee Hospital reported income of $28.7m and spending of $29.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.0m to $28.7m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bertrand Chaffee Hospital sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Lenox Hill Hospital Medical PC ($28.7m), Hemophilia of Georgia Inc ($28.7m) and Central Minnesota Mental Health Center ($28.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $328k (1.1% of expenses). Other salaries and wages came to $15.4m. At year end it held assets of $21.9m against liabilities of $6.6m, net assets of $15.2m. It reported 358 employees.