Fund for Public Health in New York Inc

Analysis

Fund for Public Health in New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Fund for Public Health in New York Inc reported income of $123.9m and spending of $123.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $42.6m to $123.9m (+191%), an average of +31% a year. The sharpest change came in the year to September 2021, when income rose by 112%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fund for Public Health in New York Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include SVCMC Inc ($123.7m), Broward Regional Health Planning Council Inc ($124.0m) and Bay Park Community Hospital ($123.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.3m (1.0% of expenses). Other salaries and wages came to $29.9m. At year end it held assets of $100.9m against liabilities of $56.9m, net assets of $44.0m. It reported 473 employees.