Childrens Medical Fund of New York

Analysis

Childrens Medical Fund of New York is a registered charity in United States, based in Syosset, NY. It received its IRS tax-exemption ruling in August 1966, 60 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Childrens Medical Fund of New York reported income of $625k and spending of $973k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $600k to $625k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Medical Fund of New York sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Coffee Memorial Blood Center Foundation ($624k), Promedica Monroe Cardiology PLLC ($625k) and Collage Center ($624k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $170k (17% of expenses). Other salaries and wages came to $37k. At year end it held assets of $596k against liabilities of $26k, net assets of $570k. It reported 2 employees.