Columbia-Presbyterian Medical Center Fund Inc

Analysis

Columbia-Presbyterian Medical Center Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1961, 65 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 June 2023, Columbia-Presbyterian Medical Center Fund Inc reported income of $925k and spending of $1.1m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $925k (-65%), an average of -23% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 341% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Columbia-Presbyterian Medical Center Fund Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Tree House of Greater St Louis ($924k), AIDS Healthcare Foundation Texas Inc ($925k) and Parkinson Foundation of the National Capital Area ($924k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $23.9m against liabilities of $32k, net assets of $23.9m.