Kaleida Health Foundation

Analysis

Kaleida Health Foundation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kaleida Health Foundation reported income of $1.7m and spending of $6.2m, spending 366% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.6m to $1.7m (-78%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 185% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kaleida Health Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Fredericksburg Christian Health Center ($1.7m), Victory Health Partners Inc ($1.7m) and Clarion Family Therapy Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $358k (5.8% of expenses). Other salaries and wages came to $188k. At year end it held assets of $41.1m against liabilities of $17.0m, net assets of $24.1m. It reported 5 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.