Kaleida Health

Analysis

Kaleida Health is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kaleida Health reported income of $1.69bn and spending of $1.65bn, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.35bn to $1.69bn (+25%), an average of +5.8% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kaleida Health sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Our Lady of the Lake Hospital Inc ($1.68bn), Scott & White Memorial Hospital ($1.69bn) and New York Society for the Relief of Ruptured & Crippled Maintaining ($1.68bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $12.9m (0.8% of expenses). Other salaries and wages came to $619.5m. At year end it held assets of $1.19bn against liabilities of $1.11bn, net assets of $84.7m. It reported 9,867 employees.