NUVANCE HEALTH
45 READE PL, POUGHKEEPSIE, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $345,029,610 | $357,394,326 | $62,511,157 |
| FY2024 | $352,761,220 | $368,730,484 | -$32,923,147 |
| FY2023 | $313,609,360 | $315,179,234 | -$13,281,552 |
| FY2022 | $286,456,365 | $290,086,226 | -$14,179,546 |
| FY2021 | $195,017,437 | $201,796,807 | -$12,027,263 |
| FY2020 | $0 | $109,070 | -$7,702,638 |
| FY2019 | $39,155 | $7,593,568 | -$7,593,568 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,126,031 | 1% |
| Program service revenue | $339,230,008 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $226,778,985 | 63% |
| Management & general | $130,615,341 | 37% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 63% of functional expenses, management & general 37%, and fundraising 0%.
- 63% of functional expenses went to program services in FY2025. That is higher than 4.8% of 435 Health Care organizations in NY.
- Net assets covered about 2.1 months of expenses at the end of the reporting year. That puts it in the 28th percentile among 1642 Health Care organizations in NY.
- Total revenue was higher than 95.8% of 1756 Health Care organizations in NY.
- Total revenue rose from $39,155 in FY2019 to $345,029,610 in FY2025, Revenue increased in 4 and decreased in 2 of 6 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 7 reported years (FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $352,761,220 in FY2024.
- Net assets grew from -$7,593,568 to $62,511,157 between FY2019 and FY2025.
- Donations are generally tax-deductible (supporting organization).
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
IMPROVE THE HEALTH OF EVERY PERSON IN OUR COMMUNITY THROUGH THE EFFICIENT DELIVERY OF EXCELLENT, INNOVATIVE AND COMPASSIONATE CARE.
IRS status
| Ruling year | 2019 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E11 — Health Care (in NY) |
| Donations | Donations are generally tax-deductible (supporting organization). |
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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.
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