Charity Search / ALBANY MED HEALTH SYSTEM
Health Care (E21) 990 on File

ALBANY MED HEALTH SYSTEM

EIN: 14-1641730 · ALBANY, NY 12208-3412 · United States · FY 2023 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 54/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$292.6M
Total Revenue
$288.6M
Total Expenses
$36.7M
Net Assets
2476
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 1.53x
Liability-to-Asset 91.8%
Revenue Diversification 98.2%
Executive Compensation $2.7M
Compared with Peers
FY 2023
Compared with 1,811 similar organizations (United States, Health Care, $100M and over in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.0% 87.3%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.0% 12.7%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
1.5 mo 6.0 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
91.8% 46.1%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.2% 96.8%
P10P90
Below median
Revenue growth
Year over year revenue growth
17.2% 6.3%
P10P90
Expense growth
Year over year expense growth
17.5% 6.6%
P10P90
Surplus margin
Surplus as a share of revenue
1.3% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $292.6M $288.6M $36.7M 100.0% 2476
2022 $249.6M $245.7M $33.7M 100.0% 1828
2021 $222.7M $219.8M N/A — 1690
2020 $204.9M $202.7M N/A — 1687
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Organization Details
EIN
14-1641730
State
NY
City
ALBANY
ZIP
12208-3412
Classification
E21
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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