Oswego Health Inc

Analysis

Oswego Health Inc is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in September 1999, 27 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, Oswego Health Inc reported income of $4.9m and spending of $4.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $4.9m (+9814%), an average of +216% a year. The sharpest change came in the year to December 2021, when income rose by 5280%. 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, Oswego Health Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Hocking Valley Medical Group Inc ($4.9m), Learning Center for Families ($4.9m) and Centre Volunteers in Medicine ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $3.9m against liabilities of $950k, net assets of $3.0m. It reported 46 employees.