New York Society for the Relief of Ruptured & Crippled Maintaining

Analysis

New York Society for the Relief of Ruptured & Crippled Maintaining is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 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, New York Society for the Relief of Ruptured & Crippled Maintaining reported income of $1.68bn and spending of $1.55bn, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.38bn to $1.68bn (+22%), an average of +5.2% a year. 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, New York Society for the Relief of Ruptured & Crippled Maintaining sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Charleston Area Medical Center Inc ($1.68bn), Our Lady of the Lake Hospital Inc ($1.68bn) and Memorial Sloan-Kettering Cancer Center ($1.67bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $29.3m (1.9% of expenses). Other salaries and wages came to $708.5m. At year end it held assets of $3.12bn against liabilities of $1.31bn, net assets of $1.81bn. It reported 7,418 employees.