Bezalel Nursing Home Company

Analysis

Bezalel Nursing Home Company is a registered charity in United States, based in Far Rockaway, NY. It received its IRS tax-exemption ruling in February 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bezalel Nursing Home Company reported income of $16.8m and spending of $15.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.5m to $16.8m (-3.8%), an average of -1.0% a year. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bezalel Nursing Home Company sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Western Reserve Care Solutions ($16.8m), New Bedford Management Systems Inc ($16.8m) and Lakeshore Community Health Care Inc ($16.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $911k (5.7% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $30.2m against liabilities of $2.8m, net assets of $27.3m. It reported 158 employees.