Hasc Diagnostic & Treatment Center Inc

Analysis

Hasc Diagnostic & Treatment Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2001, 25 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, Hasc Diagnostic & Treatment Center Inc reported income of $16.9m and spending of $15.4m, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.0m to $16.9m (+470%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hasc Diagnostic & Treatment Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include The Wellness Plan ($16.9m), White Memorial Community Health Center ($16.9m) and Guidance Center Inc ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $2.2m (14% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $15.9m against liabilities of $8.7m, net assets of $7.2m. It reported 201 employees.