Eastern Long Island Hospital Assoc Inc

Analysis

Eastern Long Island Hospital Assoc Inc is a registered charity in United States, based in Greenport, NY. It received its IRS tax-exemption ruling in January 1948, 78 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 December 2023, Eastern Long Island Hospital Assoc Inc reported income of $985k and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $27.0m to $985k (-96%), an average of -56% a year. The sharpest change came in the year to December 2020, when income dropped by 96%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eastern Long Island Hospital Assoc Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Emilio Nares Foundation ($985k), Ronald McDonald House Charities of Knoxville Tennessee Inc ($985k) and Breasties Inc ($985k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 50% of the total. At year end it held assets of $12.4m against liabilities of $11.1m, net assets of $1.3m.