Amsterdam Continuing Care Health System Inc

Analysis

Amsterdam Continuing Care Health System Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Amsterdam Continuing Care Health System Inc reported income of $254k and spending of $10.4m, spending 4071% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $701k to $254k (-64%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 675% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Amsterdam Continuing Care Health System Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include St Bakhita Catholic Worker Inc ($254k), Scott County Habitat for Humanity ($254k) and Lutherhaus of Lincolnton Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $11k (0.1% of expenses). Other salaries and wages came to $17k. At year end it held assets of $1.0m against liabilities of $11.0m, net assets of -$10.0m. It reported 3 employees.