Long Island College Hospital Malpractice TR

Analysis

Long Island College Hospital Malpractice TR is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2014, 12 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 (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Long Island College Hospital Malpractice TR reported income of $904k and spending of $261k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $904k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 45% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Long Island College Hospital Malpractice TR sits at the 63rd percentile: it is larger than about 63% 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 Indiana State Pipe Trades & Mechani Cal Contractors of Indiana ($904k), Rockwell Falls Ambulance Service Inc ($904k) and Youth Development Clinic of Newark ($903k).

At year end it held assets of $29.4m against liabilities of $29.4m, net assets of $0.