Parker Jewish Institute for Health Care and Rehabilitation Foundation

Analysis

Parker Jewish Institute for Health Care and Rehabilitation Foundation is a registered charity in United States, based in New Hyde Park, NY. It received its IRS tax-exemption ruling in July 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parker Jewish Institute for Health Care and Rehabilitation Foundation reported income of $42.6m and spending of $5.7m, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $42.6m (+1844%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 745%. Over the whole period it spent 28% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parker Jewish Institute for Health Care and Rehabilitation Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Piedmont Access to Health Services Inc ($42.5m), Mainline Health Systems Inc ($42.6m) and Community Hospital of Lagrange County Inc ($42.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $467k. It paid $236k in professional fundraising fees. At year end it held assets of $83.8m against liabilities of $231k, net assets of $83.5m. It reported 8 employees.