Royal Charter Properties - East Inc

Analysis

Royal Charter Properties - East Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Royal Charter Properties - East Inc reported income of $80.4m and spending of $79.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $72.1m to $80.4m (+11%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Royal Charter Properties - East Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Baptist Health Services ($80.4m), Glencoe Regional Health Services ($80.4m) and Mountain Comprehensive Health Corporation ($80.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $628k (0.8% of expenses). Other salaries and wages came to $155k. At year end it held assets of $200.4m against liabilities of $207.1m, net assets of -$6.7m.