American Friends of Herzog Hospital Inc

Analysis

American Friends of Herzog Hospital Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1956, 70 years ago. Its declared purposes cover mental health and crisis intervention, 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, American Friends of Herzog Hospital Inc reported income of $1.4m and spending of $705k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.5m to $1.4m (-75%), an average of -29% a year. The sharpest change came in the year to December 2021, when income rose by 401%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Friends of Herzog Hospital Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Beth Israel Deaconess Department of Medicine Foundation Inc ($1.4m), Kure It Inc ($1.4m) and International Society for Autism ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $81k. At year end it held assets of $1.5m against liabilities of $568k, net assets of $942k. It reported 2 employees.