Hunterdon Healthcare System Inc

Analysis

Hunterdon Healthcare System Inc is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in June 1984, 42 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, Hunterdon Healthcare System Inc reported income of $6.4m and spending of $6.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $6.4m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hunterdon Healthcare System Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include St Patrick Hospital Foundation ($6.4m), Superhumans Ukraine Inc ($6.4m) and White Memorial Medical Center Charitable Foundation ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.8m against liabilities of $2.9m, net assets of $1.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.