Our Lady of Consolation Nursing & Rehabilitative Care Center

Analysis

Our Lady of Consolation Nursing & Rehabilitative Care Center is a registered charity in United States, based in West Islip, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, 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, Our Lady of Consolation Nursing & Rehabilitative Care Center reported income of $52.0m and spending of $48.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $54.2m to $52.0m (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Our Lady of Consolation Nursing & Rehabilitative Care Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Stephen F Austin Community Health Center Inc ($52.0m), Mercy Hospital Lincoln ($52.1m) and Total Health Care Inc ($52.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.0m (2.1% of expenses). Other salaries and wages came to $25.4m. At year end it held assets of $49.9m against liabilities of $60.2m, net assets of -$10.3m. It reported 479 employees.