Morris Heights Health Center Inc

Analysis

Morris Heights Health Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Morris Heights Health Center Inc reported income of $77.4m and spending of $86.8m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $79.0m to $77.4m (-2.1%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morris Heights Health Center Inc sits at the 94th percentile: it is larger than about 94% 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 Livingston Healthcare ($77.4m), Rpci Oncology PC ($77.4m) and Kentuckyone Health Medical Group Inc ($77.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $2.1m (2.4% of expenses). Other salaries and wages came to $37.5m. At year end it held assets of $153.4m against liabilities of $25.5m, net assets of $127.9m. It reported 762 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.