Health Care
(E21)
990 on File
ALBANY MED HEALTH SYSTEM
Financial strength (30%)
54/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
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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