Hospital Clinic Home Center

Analysis

Hospital Clinic Home Center is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hospital Clinic Home Center reported income of $4.5m and spending of $2.8m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $4.5m (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 83%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hospital Clinic Home Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include San Francisco Playhouse ($4.5m), Rocky Mountain Biological Laboratory at Gothic ($4.5m) and Free to Choose Network ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.1% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $284k, net assets of $1.6m. It reported 25 employees.