Gouverneur Hospital

Analysis

Gouverneur Hospital is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in September 2014, 12 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, Gouverneur Hospital reported income of $38.0m and spending of $30.6m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.5m to $38.0m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gouverneur Hospital sits at the 92nd percentile: it is larger than about 92% 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 Commission on Accreditation of Rehabilitation Facilities ($38.0m), Behavioral Health Services North Inc ($38.0m) and Wellspan Health Care Services ($38.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Other salaries and wages came to $18.5m. At year end it held assets of $32.3m against liabilities of $10.6m, net assets of $21.6m. It reported 311 employees.