St Lawrence Health System Inc

Analysis

St Lawrence Health System Inc is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in February 2015, 11 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 (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Lawrence Health System Inc reported income of $1.9m and spending of $4.8m, spending 250% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.9m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 176% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Lawrence Health System Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Stand Inc ($1.9m), Bridges Domestic & Sexual Violence Support Services Inc ($1.9m) and Communities Lifting Communities ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 13% of the total. Other salaries and wages came to $478k. At year end it held assets of $36.3m against liabilities of $42.7m, net assets of -$6.4m. It reported 252 employees.

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.