Ecmc Foundation Inc

Analysis

Ecmc Foundation Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1994, 32 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, Ecmc Foundation Inc reported income of $3.4m and spending of $1.9m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.1m to $3.4m (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ecmc Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include American Foundation for Surgery of the Hand ($3.4m), Crisis Line & Safe House of Central Georgia Inc ($3.4m) and Coalition for Barrier Free Living ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $233k (12% of expenses). Other salaries and wages came to $226k. At year end it held assets of $7.6m against liabilities of $1.9m, net assets of $5.7m. It reported 3 employees.