Plaza Nursing Home Company Inc

Analysis

Plaza Nursing Home Company Inc is a registered charity in United States, based in Cicero, NY. It received its IRS tax-exemption ruling in October 1968, 58 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Plaza Nursing Home Company Inc reported income of $16.0m and spending of $17.3m, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $19.1m to $16.0m (-16%), an average of -8.2% a year. 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, Plaza Nursing Home Company Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Community Hospital of Central California Foundation ($16.0m), American Academy of Allergy ($16.1m) and Northeast Counseling Services ($16.0m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $178k (1.0% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $30.4m against liabilities of $30.9m, net assets of -$454k.