Columbia University Health Care Inc

Analysis

Columbia University Health Care Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Columbia University Health Care Inc reported income of $38.4m and spending of $38.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $31.9m to $38.4m (+20%), an average of +4.7% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Columbia University Health Care Inc sits at the 92nd percentile: it is larger than about 92% 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 Masonicare Home Health and Hospice Inc ($38.3m), Advocate Charitable Foundation ($38.4m) and Mercy Medical Center-Newton ($38.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $1.2m against liabilities of $1.2m, net assets of $0.