Queens-Long Island Renal Institute

Analysis

Queens-Long Island Renal Institute is a registered charity in United States, based in New Hyde Park, NY. It received its IRS tax-exemption ruling in April 2010, 16 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, Queens-Long Island Renal Institute reported income of $5.0m and spending of $5.8m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $5.0m (-11%), an average of -2.8% a year. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Queens-Long Island Renal Institute sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Ogeechee Area Hospice Inc ($5.0m), Ambulance Inc of Laurel County ($5.0m) and Ronald McDonald House Louisville Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $2.5m against liabilities of $693k, net assets of $1.9m. It reported 87 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.