Wmc-New York Inc

Analysis

Wmc-New York Inc is a registered charity in United States, based in Valhalla, NY. It received its IRS tax-exemption ruling in June 2000, 26 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, Wmc-New York Inc reported income of $124.6m and spending of $124.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $148.6m to $124.6m (-16%), an average of -4.3% 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, Wmc-New York Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include New York Community Hospital of Brooklyn Inc ($124.4m), Onelegacy ($124.6m) and American College of Cardiology Foundation ($124.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $88.3m. At year end it held assets of $34.3m against liabilities of $42.5m, net assets of -$8.3m. It reported 1,589 employees.