New York Ehealth Collaborative Inc

Analysis

New York Ehealth Collaborative Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in March 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 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 March 2023, New York Ehealth Collaborative Inc reported income of $86.0m and spending of $72.7m, spending 85% of its income. Across the 5 years on record, from December 2019 to March 2023, income fell from $91.6m to $86.0m (-6.2%), an average of -1.6% a year. The sharpest change came in the year to March 2021, when income rose by 143%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New York Ehealth Collaborative Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Phelps Memorial Health Center ($85.9m), Rutland Nursing Home Inc ($86.0m) and Deaconess Regional Healthcare Services Illinois Inc ($85.8m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $1.4m (2.0% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $69.1m against liabilities of $7.8m, net assets of $61.2m. It reported 66 employees.