Yale-New Haven Medical Center Inc

Analysis

Yale-New Haven Medical Center Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in May 1975, 51 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 September 2023, Yale-New Haven Medical Center Inc reported income of $2.3m and spending of $694k, leaving 70% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.3m to $2.3m (-0.2%), an average of -0.1% a year. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Yale-New Haven Medical Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Boon Hospital Center Visiting Nurses Inc ($2.3m), ALS Association Mid America Chapter ($2.3m) and Pacific Pediatric Neuro-Oncology Consortium Foundati ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $128k. At year end it held assets of $11.8m against liabilities of $5.9m, net assets of $5.9m.