Catholic Health Care Foundation of the Archdiocese of New York

Analysis

Catholic Health Care Foundation of the Archdiocese of New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1946, 80 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 (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Catholic Health Care Foundation of the Archdiocese of New York reported income of $2.7m and spending of $3.2m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.3m to $2.7m (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Catholic Health Care Foundation of the Archdiocese of New York sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include American Association of Kidney Patients Inc ($2.7m), Holland Community Health Center ($2.7m) and Friends of Childrens Hospital Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. It paid $65k in professional fundraising fees. At year end it held assets of $39.2m against liabilities of $116k, net assets of $39.0m.