Charles T Sitrin Health Care Center Inc

Analysis

Charles T Sitrin Health Care Center Inc is a registered charity in United States, based in New Hartford, NY. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charles T Sitrin Health Care Center Inc reported income of $26.8m and spending of $28.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.5m to $26.8m (+9.6%), an average of +2.3% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charles T Sitrin Health Care Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Merrick Medical Center ($26.8m), Dominican Sisters Family Health Service Inc ($26.8m) and Faith Hospice ($26.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Other salaries and wages came to $11.0m. At year end it held assets of $30.3m against liabilities of $20.8m, net assets of $9.5m. It reported 432 employees.