Charity Search / CORNING HOSPITAL
Health Care (E220) IRS Verified DX Registered 990 on File

CORNING HOSPITAL

EIN: 16-0393490 · CORNING, NY 14830-3696 · United States · FY 2023 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$183.1M
Total Revenue
$161.0M
Total Expenses
$250.3M
Net Assets
811
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 71.9%
Fundraising Efficiency N/A
Operating Reserve 18.66x
Liability-to-Asset 54.4%
Revenue Diversification 93.0%
Executive Compensation $704K
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
71.9% 87.3%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
28.1% 12.7%
P10P90
Bottom 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
18.7 mo 6.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
54.4% 46.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
93.0% 96.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
8.6% 6.3%
P10P90
Expense growth
Year over year expense growth
17.1% 6.6%
P10P90
Surplus margin
Surplus as a share of revenue
12.1% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $183.1M $161.0M $250.3M 71.9% 811
2022 $168.6M $137.4M $227.6M 72.1% 784
2021 $151.9M $129.6M N/A 795
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Organization Details
EIN
16-0393490
State
NY
City
CORNING
ZIP
14830-3696
Classification
E220
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
12
Form 990
On File
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