Mount Sinai Ambulatory Ventures Inc

Analysis

Mount Sinai Ambulatory Ventures Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mount Sinai Ambulatory Ventures Inc reported income of $4.6m and spending of $7,428, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.9m to $4.6m (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 0.2% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mount Sinai Ambulatory Ventures Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Valley Caregiver Resource Center ($4.6m), Integriscript Inc ($4.6m) and World Medical Association Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $66.2m against liabilities of $124, net assets of $66.2m.