Menorah Home & Hospital for the Aged & Infirm

Analysis

Menorah Home & Hospital for the Aged & Infirm is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1938, 88 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, Menorah Home & Hospital for the Aged & Infirm reported income of $79.5m and spending of $80.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $73.5m to $79.5m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Menorah Home & Hospital for the Aged & Infirm 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 Lifecenter Northwest ($79.4m), Southwest Health System Inc ($79.6m) and Olathe Health Physicians Inc ($79.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 93% of the total. Other salaries and wages came to $29.5m. At year end it held assets of $84.3m against liabilities of $47.7m, net assets of $36.6m. It reported 535 employees.