Fort Hudson Nursing Center Inc

Analysis

Fort Hudson Nursing Center Inc is a registered charity in United States, based in Fort Edward, NY. It received its IRS tax-exemption ruling in June 2004, 22 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, Fort Hudson Nursing Center Inc reported income of $29.7m and spending of $26.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.9m to $29.7m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fort Hudson Nursing Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Erie Homes for Children and Adults Inc ($29.7m), Caring Heart Rehabilitation and Nursing Center Inc ($29.8m) and Honorhealth Foundation ($29.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Other salaries and wages came to $10.7m. At year end it held assets of $17.9m against liabilities of $8.7m, net assets of $9.2m. It reported 602 employees.