Mary M Gooley Hemophilia Center Inc

Analysis

Mary M Gooley Hemophilia Center Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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 2023, Mary M Gooley Hemophilia Center Inc reported income of $25.4m and spending of $19.9m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.2m to $25.4m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mary M Gooley Hemophilia Center 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 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Greenfield Area Medical Center ($25.4m), Winchester-Thurston School ($25.4m) and Emerald Cities Collaborative Inc ($25.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $562k (2.8% of expenses). Other salaries and wages came to $424k. At year end it held assets of $28.7m against liabilities of $3.3m, net assets of $25.4m. It reported 11 employees.