Nicholas H Noyes Memorial Hospital

Analysis

Nicholas H Noyes Memorial Hospital is a registered charity in United States, based in Dansville, NY. 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, Nicholas H Noyes Memorial Hospital reported income of $80.0m and spending of $82.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $60.5m to $80.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 144%. 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, Nicholas H Noyes Memorial Hospital 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 99th percentile within NY. Charities of a similar size with the same main cause include New York Gracie Square Hospital Inc ($80.0m), Parker Foundation Inc ($80.0m) and Casa Colina Inc ($79.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $917k (1.1% of expenses). Other salaries and wages came to $32.8m. At year end it held assets of $77.0m against liabilities of $23.8m, net assets of $53.2m. It reported 650 employees.