Paraprofessional Healthcare Institute Inc

Analysis

Paraprofessional Healthcare Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Paraprofessional Healthcare Institute Inc reported income of $4.2m and spending of $6.0m, spending 142% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $5.6m to $4.2m (-25%), an average of -5.5% a year. The sharpest change came in the year to June 2022, when income rose by 209%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Paraprofessional Healthcare Institute Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Sunrise County Economic Council ($4.2m), Education and Employment Ministry Inc ($4.2m) and Work4wv-Region I Inc ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $670k (11% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $16.9m against liabilities of $269k, net assets of $16.7m. It reported 27 employees.