Samaritan Hospital and the Eddy

Analysis

Samaritan Hospital and the Eddy is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Samaritan Hospital and the Eddy reported income of $5.4m and spending of $6.2m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.6m to $5.4m (-18%), an average of -4.7% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 152% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Samaritan Hospital and the Eddy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include The Lennard Clinic Inc ($5.4m), Jessie Rees Foundation ($5.4m) and National Medical Fellowships Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $413k. At year end it held assets of $24.6m against liabilities of $2.1m, net assets of $22.6m. It reported 5 employees.