Ur Medicine Home Care Certified Services Inc

Analysis

Ur Medicine Home Care Certified Services Inc is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in October 1986, 40 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ur Medicine Home Care Certified Services Inc reported income of $33.5m and spending of $39.5m, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $38.4m to $33.5m (-13%), an average of -4.4% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ur Medicine Home Care Certified Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Chatuge Regional Hospital Inc ($33.5m), Morgridge Institute for Researchinc ($33.6m) and St Johnland Nursing Center Inc ($33.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $370k (0.9% of expenses). Other salaries and wages came to $24.2m. At year end it held assets of $30.5m against liabilities of $56.2m, net assets of -$25.7m. It reported 484 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.