Norwegian Christian Home and Health Center

Analysis

Norwegian Christian Home and Health Center is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 1937, 89 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Norwegian Christian Home and Health Center reported income of $26.7m and spending of $31.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.9m to $26.7m (+7.2%), an average of +1.8% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Norwegian Christian Home and Health Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Grove Manor Corporation ($26.7m), Alliance Health Services Inc ($26.8m) and Chelsea Jewish Green House Inc ($26.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $467k (1.5% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $27.2m against liabilities of $16.9m, net assets of $10.3m. It reported 230 employees.