Village Care of New York Inc

Analysis

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

In the financial year ending December 2023, Village Care of New York Inc reported income of $32.2m and spending of $31.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.4m to $32.2m (+51%), an average of +11% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Village Care of New York 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 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Greater Lakes Mental Healthcare ($32.2m), Mercy Hospital Aurora ($32.2m) and Maryhaven Inc ($32.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3.4m (11% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $27.5m against liabilities of $14.1m, net assets of $13.3m. It reported 93 employees.