The Long Island Home

Analysis

The Long Island Home is a registered charity in United States, based in Amityville, NY. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover mental health and crisis intervention, 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, The Long Island Home reported income of $107.8m and spending of $116.9m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $95.6m to $107.8m (+13%), an average of +3.0% a year. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Long Island Home sits at the 95th percentile: it is larger than about 95% 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 Susan G Komen Breast Cancer Foundation ($107.6m), Aspirus Medford Hospital & Clinics Inc ($108.0m) and Harford Memorial Hospital Inc ($107.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Other salaries and wages came to $66.1m. At year end it held assets of $79.7m against liabilities of $162.1m, net assets of -$82.4m. It reported 948 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.