Benedictine Health Foundation Inc

Analysis

Benedictine Health Foundation Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in April 1979, 47 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 December 2023, Benedictine Health Foundation Inc reported income of $460k and spending of $348k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $625k to $460k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Benedictine Health Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Resolve It Inc ($460k), Whats Important Now Foundation ($460k) and Medical-Dental Staff of Morristown Memorial Hospital ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $5.4m against liabilities of $67k, net assets of $5.4m.