Presbyterian Home at 58th Street

Analysis

Presbyterian Home at 58th Street is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in December 1934, 92 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presbyterian Home at 58th Street reported income of $409k and spending of $23k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $409k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 6.4% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presbyterian Home at 58th Street sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Empire State Special Needs Experience Inc ($409k), North American Society for Cardiac Imaging ($409k) and Professional Association of Social Workers in HIV & AIDS ($409k).

At year end it held assets of $9.6m against liabilities of $90k, net assets of $9.5m.