Ozanam Hall of Queens Nursing Home Inc

Analysis

Ozanam Hall of Queens Nursing Home Inc is a registered charity in United States, based in Bayside, NY. It received its IRS tax-exemption ruling in May 1969, 57 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, Ozanam Hall of Queens Nursing Home Inc reported income of $57.4m and spending of $58.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54.7m to $57.4m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ozanam Hall of Queens Nursing Home Inc sits at the 93rd percentile: it is larger than about 93% of them. 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 Mille Lacs Health System ($57.3m), St Lukes McCall Ltd ($57.5m) and Baylor Health Care System Foundation ($57.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 92% of the total. Other salaries and wages came to $21.4m. At year end it held assets of $63.4m against liabilities of $31.9m, net assets of $31.5m. It reported 464 employees.