Catholic Health System Infusion Pharmacy Inc

Analysis

Catholic Health System Infusion Pharmacy Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1946, 80 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, Catholic Health System Infusion Pharmacy Inc reported income of $31.8m and spending of $29.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.6m to $31.8m (+152%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Health System Infusion Pharmacy 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 97th percentile within NY. Charities of a similar size with the same main cause include Lifehouse Inc ($31.8m), Transition Projects Inc ($31.8m) and Self Enhancement Inc ($31.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $12.4m against liabilities of $3.8m, net assets of $8.5m. It reported 53 employees.