Amida Care Inc

Analysis

Amida Care Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2001, 25 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), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Amida Care Inc reported income of $339.7m and spending of $338.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $429.6m to $339.7m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Amida Care Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Hospital Sisters Health System ($339.3m), Central Suffolk Hospital ($339.7m) and Texas Health Harris Methodist Hospital Hurst-Euless-Bedford ($338.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.9m (0.6% of expenses). Other salaries and wages came to $15.3m. At year end it held assets of $235.5m against liabilities of $180.8m, net assets of $54.7m. It reported 192 employees.