Staten Island Volunteers of Hatzalah Inc

Analysis

Staten Island Volunteers of Hatzalah Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in July 2011, 15 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, Staten Island Volunteers of Hatzalah Inc reported income of $874k and spending of $524k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $874k (+229%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 46% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Staten Island Volunteers of Hatzalah Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Erie-Niagara Area Health Education Center ($874k), Prosser Memorial Health Foundation ($874k) and Fairfield Hose Company ($873k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.