Healthcare Choices Ny Inc

Analysis

Healthcare Choices Ny Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2000, 26 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, Healthcare Choices Ny Inc reported income of $10.7m and spending of $10.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $10.7m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthcare Choices Ny Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Community Assessment and Treatment Services Inc ($10.6m), Centerstone Foundation Inc ($10.7m) and Upstate Family Health Center ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $1.4m (13% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $9.7m against liabilities of $6.1m, net assets of $3.6m. It reported 88 employees.