Veterans Health Research Institute of Central New York Inc

Analysis

Veterans Health Research Institute of Central New York Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 September 2023, Veterans Health Research Institute of Central New York Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.6m (+44%), an average of +9.6% a year. The sharpest change came in the year to September 2021, when income rose by 47%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Veterans Health Research Institute of Central New York Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include The Centers for Exceptional Children Inc ($1.6m), Community Futures Foundation ($1.6m) and A Womens Pregnancy Center Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $896k. At year end it held assets of $890k against liabilities of $115k, net assets of $776k. It reported 32 employees.