Clifton Springs Sanitarium Co

Analysis

Clifton Springs Sanitarium Co is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in February 1938, 88 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, Clifton Springs Sanitarium Co reported income of $143.1m and spending of $125.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $86.4m to $143.1m (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clifton Springs Sanitarium Co sits at the 96th percentile: it is larger than about 96% 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 Claxton-Hepburn Medical Center ($143.1m), United Medical Associates PC ($143.3m) and The May Institute Inc ($142.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $2.0m (1.6% of expenses). Other salaries and wages came to $49.0m. At year end it held assets of $110.1m against liabilities of $26.1m, net assets of $84.0m. It reported 1,157 employees.