Jamaica Hospital Medical Center

Analysis

Jamaica Hospital Medical Center is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in December 1996, 30 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 2020, Jamaica Hospital Medical Center reported income of $53k and spending of $167k, spending 313% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $5.7m to $53k (-99%), an average of -99% a year. The sharpest change came in the year to December 2020, when income dropped by 99%. Over the whole period it spent 135% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jamaica Hospital Medical Center sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Hedrick Medical Center Foundation Inc ($53k), St Josephs Community Care Inc ($53k) and Rainbows for Kids ($53k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $92k, net assets of $1.1m.