E โ€” Health CareEIN: 141790805ยท Ruling Year: 2014

Albany Med Health System

Glens Falls, New York

AHealth Score
85A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

๐Ÿ’ฐ
$6.2M
Total Revenue
๐Ÿ“Š
$2.2M
Total Expenses
๐Ÿฆ
$13.1M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+63.7%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,161,790โ†‘23%$2,236,519โ†“40%$13,071,282โ†‘60%
2022$5,018,752โ†‘46%$3,727,491โ†‘25%$8,174,495โ†“2%
2021$3,434,600โ†‘1%$2,986,847โ†‘78%$8,368,729โ†‘12%
2020$3,412,410โ†‘11%$1,677,320โ†“33%$7,455,007โ†‘46%
2019$3,082,849โ†‘27%$2,500,813$5,097,041โ†‘23%
2018$2,422,722โ†“35%$2,495,617โ†“44%$4,160,307โ†“11%
2017$3,719,904โ†‘28%$4,436,509โ†‘84%$4,698,701โ†“8%
2016$2,897,928โ†“6%$2,411,555โ†‘62%$5,112,318โ†‘17%
2015$3,097,102โ†‘44%$1,490,930โ†“42%$4,355,455โ†‘40%
2014$2,150,033โ†“7%$2,578,907โ†‘1%$3,105,889โ†“16%
2013$2,308,872โ†“13%$2,563,087โ†‘57%$3,687,544โ†“6%
2012$2,668,544โ†‘27%$1,635,129โ†“25%$3,926,392โ†‘45%
2011$2,102,844$2,176,939$2,711,166

Frequently Asked Questions

What does Albany Med Health System do?โ–ผ

Albany Med Health System is a health care nonprofit organization based in New York. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Albany Med Health System financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Albany Med Health System has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Albany Med Health System generate?โ–ผ

Albany Med Health System reports $9.1M in annual revenue and holds $15.7M in total assets, based on IRS filings.

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Albany Med Health System โ€” Glens Falls, NY | GiveScope