United Home for Aged Hebrews

Analysis

United Home for Aged Hebrews is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in January 1938, 88 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, United Home for Aged Hebrews reported income of $39.2m and spending of $41.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $47.5m to $39.2m (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Home for Aged Hebrews sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Head Injury Association Inc ($39.2m), Wetzel County Hospital Inc ($39.2m) and Wooster Community Hospital Foundation ($39.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $2.1m (5.0% of expenses). Other salaries and wages came to $16.6m. At year end it held assets of $40.3m against liabilities of $45.9m, net assets of -$5.5m. It reported 442 employees.