Epic Long Island Inc

Analysis

Epic Long Island Inc is a registered charity in United States, based in East Meadow, NY. It received its IRS tax-exemption ruling in October 1957, 69 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Epic Long Island Inc reported income of $34.7m and spending of $33.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $27.9m to $34.7m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Epic Long Island Inc sits at the 91st percentile: it is larger than about 91% 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 Stratum Health System Inc ($34.7m), Peach Tree Healthcare ($34.7m) and Good Shepherd Hospice Inc ($34.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $20.3m. At year end it held assets of $17.3m against liabilities of $11.2m, net assets of $6.1m. It reported 1,016 employees.