Center for the Disabled Endowment Inc

Analysis

Center for the Disabled Endowment Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover health care, 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 December 2023, Center for the Disabled Endowment Inc reported income of $4.1m and spending of $128k, leaving 97% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $731k to $4.1m (+458%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 9.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for the Disabled Endowment Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Memorial Foundation Inc ($4.1m), Serenity House Counseling Services Inc ($4.1m) and West Michigan Radiation Oncology ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $4,331 (3.4% of expenses). At year end it held assets of $13.6m against liabilities of $76k, net assets of $13.6m.