Presbyterian Home for Central New York Inc

Analysis

Presbyterian Home for Central New York Inc is a registered charity in United States, based in New Hartford, NY. It received its IRS tax-exemption ruling in May 1969, 57 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 2023, Presbyterian Home for Central New York Inc reported income of $14.4m and spending of $16.5m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $22.0m to $14.4m (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presbyterian Home for Central New York Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Mental Health Providers of Western Queens Inc ($14.4m), Bourne Management Systems Inc ($14.4m) and Easter Seals Rio Grande Valley ($14.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $6.2m. At year end it held assets of $10.1m against liabilities of $6.2m, net assets of $3.9m. It reported 285 employees.