Crouse Health Hospital Inc

Analysis

Crouse Health Hospital Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in November 1969, 57 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, Crouse Health Hospital Inc reported income of $564.0m and spending of $533.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $445.5m to $564.0m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crouse Health Hospital Inc sits at the 99th percentile: it is larger than about 99% 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 Umass Memorial Health Care Inc ($563.7m), Franklin Square Hospital Center Inc ($564.1m) and Meritus Medical Center Inc ($563.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.7m (0.5% of expenses). Other salaries and wages came to $216.4m. At year end it held assets of $331.8m against liabilities of $282.5m, net assets of $49.2m. It reported 3,311 employees.