New York College of Health Professions

Analysis

New York College of Health Professions is a registered charity in United States, based in Syosset, NY. It received its IRS tax-exemption ruling in August 1986, 40 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New York College of Health Professions reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.5m to $2.7m (-64%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York College of Health Professions sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Grizzly Athletic Association ($2.7m), Rafts Inc ($2.7m) and Rockland Institute for Special Ed ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 58% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $16.3m against liabilities of $3.3m, net assets of $13.0m. It reported 59 employees.