Centerlight Health System Inc

Analysis

Centerlight Health System Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Centerlight Health System Inc reported income of $2.2m and spending of $2.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.2m (+114%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centerlight Health System Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Forest Hills Village Inc ($2.2m), Heralds of Hope Inc ($2.2m) and Twelfth Step House of San Diego ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. Other salaries and wages came to $753k. At year end it held assets of $28.1m against liabilities of $17.0m, net assets of $11.1m. It reported 23 employees.