American Friends Shamir Medical Center

Analysis

American Friends Shamir Medical Center is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1983, 43 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, American Friends Shamir Medical Center reported income of $3.8m and spending of $4.7m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Friends Shamir Medical Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Progress House Inc ($3.8m), Covenant Health Network ($3.8m) and Cheyenne Regional Medical Center Foundation ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $264k against liabilities of $6,000, net assets of $258k.