Hospital Engineering Society of Greater New York

Analysis

Hospital Engineering Society of Greater New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2020, 6 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, Hospital Engineering Society of Greater New York reported income of $129k and spending of $100k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $129k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospital Engineering Society of Greater New York sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include United Spinal Association Illinois Chapter ($129k), Aquanauts Adaptive Aquatics Inc ($129k) and Integrated Learning Institute ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 78% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.