Nyaya Health a Nonprofit Corporation

Analysis

Nyaya Health a Nonprofit Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2006, 20 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 July 2023, Nyaya Health a Nonprofit Corporation reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.6m to $1.0m (-60%), an average of -20% a year. The sharpest change came in the year to July 2022, when income dropped by 58%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nyaya Health a Nonprofit Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Foundation for Spinal Restoration ($1.0m), Twin Cities Orthopedics Foundation ($1.0m) and My Fathers House Inc ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (5.2% of expenses). At year end it held assets of $646k against liabilities of $4,415, net assets of $641k. It reported 1 employees.