Catskill Regional Medical Center Foundation Inc

Analysis

Catskill Regional Medical Center Foundation Inc is a registered charity in United States, based in Harris, NY. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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, Catskill Regional Medical Center Foundation Inc reported income of $995k and spending of $344k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $995k (+99%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catskill Regional Medical Center Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Society for the Psychological Study of Social Issues ($994k), Cameron Community Ministries Inc ($995k) and Sons of Italy Foundation ($994k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $5.5m against liabilities of $7,390, net assets of $5.5m.