ST LUKES CORNWALL HOSPITAL
70 DUBOIS ST, NEWBURGH, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $284,442,611 | $283,230,275 | $96,689,342 |
| FY2023 | $268,202,117 | $264,121,853 | $95,724,593 |
| FY2022 | $250,752,402 | $249,904,760 | $95,857,288 |
| FY2021 | $262,716,527 | $244,026,438 | $95,930,465 |
| FY2020 | $264,293,520 | $234,143,795 | $70,709,335 |
| FY2019 | $246,519,863 | $229,783,380 | $42,477,097 |
| FY2018 | $228,557,403 | $217,702,327 | $25,374,787 |
| FY2017 | $212,930,451 | $203,739,316 | $16,492,603 |
| FY2016 | $193,474,082 | $200,421,675 | $5,006,294 |
| FY2015 | $171,176,558 | $184,595,669 | $26,077,434 |
| FY2014 | $167,014,198 | $174,166,357 | $34,721,396 |
| FY2013 | $173,739,820 | $181,694,399 | $56,327,164 |
| FY2012 | $180,283,378 | $184,089,050 | $48,345,929 |
| FY2011 | $185,057,424 | $180,973,911 | $54,182,367 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $13,423,907 | 5% |
| Program service revenue | $268,018,949 | 95% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $246,582,462 | 87% |
| Management & general | $36,647,813 | 13% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 95% of total revenue in FY2024.
- Program services accounted for 87% of functional expenses, management & general 13%, and fundraising 0%.
- 87% of functional expenses went to program services in FY2024. That is higher than 49.4% of 435 Health Care organizations in NY.
- Net assets covered about 4.1 months of expenses at the end of the reporting year. That puts it in the 35th percentile among 1642 Health Care organizations in NY.
- Total revenue was higher than 95.2% of 1756 Health Care organizations in NY.
- Total revenue rose from $185,057,424 in FY2011 to $284,442,611 in FY2024, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2013, FY2014, FY2015, FY2016).
- Net assets grew from $54,182,367 to $96,689,342 between FY2011 and FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
MONTEFIORE ST. LUKE'S CORNWALL HOSPITAL IS DEDICATED TO PROVIDING EXCEPTIONAL HEALTHCARE TO IMPROVE THE LIVES AND WELL-BEING OF THE PEOPLE IN THE COMMUNITIES WE SERVE.
IRS status
| Ruling year | 2002 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in NY) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- GLEN COVE HOSPITAL — WESTBURY, NY · $283,755,358
- HUDSON VALLEY HOSPITAL CENTER — CORTLANDT MNR, NY · $295,633,318
- ST CATHERINE OF SIENA MEDICAL CENTER — SMITHTOWN, NY · $267,163,950
- SUNSET PARK HEALTH COUNCIL INC — BROOKLYN, NY · $266,775,513
- PARTNERS HEALTH PLAN INC — BRONX, NY · $305,304,394
- CHS PHYSICIAN PARTNERS PC — ROSLYN, NY · $307,935,210
- WEILL CORNELL IMAGING AT NEW YORK-PRESBYTERIAN — NEW YORK, NY · $308,184,148
- AMIDA CARE INC — NEW YORK, NY · $311,382,270
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.