Healthcare Chaplaincy Inc

Analysis

Healthcare Chaplaincy Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1969, 57 years ago. 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 June 2023, Healthcare Chaplaincy Inc reported income of $1.7m and spending of $2.3m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $1.7m (-51%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 56%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Healthcare Chaplaincy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Friends of the Homeless of the South Shore Inc ($1.7m), Cape Cod Pilgrim Memorial Association of Provincetown ($1.7m) and Halifax County Rescue Squad Incorporated ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $564k (24% of expenses). Other salaries and wages came to $634k. At year end it held assets of $6.7m against liabilities of $1.2m, net assets of $5.5m. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.