Joseph P Addabbo Family Health Center Inc

Analysis

Joseph P Addabbo Family Health Center Inc is a registered charity in United States, based in Arverne, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 December 2023, Joseph P Addabbo Family Health Center Inc reported income of $52.4m and spending of $46.2m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $58.6m to $52.4m (-11%), an average of -2.8% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joseph P Addabbo Family Health Center Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Quincy Community Action Programs Inc ($52.3m), Fostoria Hospital Association ($52.5m) and Continuum of Care Inc ($52.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.1m (2.3% of expenses). Other salaries and wages came to $17.6m. At year end it held assets of $46.3m against liabilities of $6.2m, net assets of $40.1m. It reported 293 employees.