New York State Catholic Health Plan Inc

Analysis

New York State Catholic Health Plan Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1998, 28 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, New York State Catholic Health Plan Inc reported income of $14.2m and spending of $1.6m, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $856.4m to $14.2m (-98%), an average of -64% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New York State Catholic Health Plan Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Cavalier County Memorial Hospital Association ($14.2m), Community Health and Social Services Center Inc ($14.2m) and Impact Health ($14.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $16.1m against liabilities of $246k, net assets of $15.9m.