Cardiovascular & Imaging Research Foundation of Ny

Analysis

Cardiovascular & Imaging Research Foundation of Ny is a registered charity in United States, based in Lloyd Harbor, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover medical research, 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, Cardiovascular & Imaging Research Foundation of Ny reported income of $91k and spending of $398k, spending 439% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $143k to $91k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 237%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cardiovascular & Imaging Research Foundation of Ny sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Annapolis Dragon Boat Foundation Inc ($91k), Live Thankfully ($91k) and Willow Ridge Therapeutic Facility Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $330k (83% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 3 employees.