Aizer Health Inc

Analysis

Aizer Health Inc is a registered charity in United States, based in Monroe, NY. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Aizer Health Inc reported income of $49.5m and spending of $50.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.7m to $49.5m (+35%), an average of +7.8% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aizer Health Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include YMCA of Memphis & the Mid-South ($49.4m), Start Corporation ($49.6m) and Alliance for Aging Inc ($49.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.5m (3.0% of expenses). Other salaries and wages came to $28.2m. At year end it held assets of $58.1m against liabilities of $33.2m, net assets of $24.9m. It reported 390 employees.