Mohawk Valley Health System

Analysis

Mohawk Valley Health System is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in October 1991, 35 years ago. 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, Mohawk Valley Health System reported income of $11.8m and spending of $12.7m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $41.6m to $11.8m (-72%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 89%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mohawk Valley Health System sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include North Country School Inc ($11.8m), Babcock Neighborhood School Inc ($11.9m) and North Country Food Bank Inc ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 94% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $28.7m against liabilities of $25.0m, net assets of $3.8m.