Care Design New York LLC

Analysis

Care Design New York LLC is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 2019, 7 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, Care Design New York LLC reported income of $136.5m and spending of $134.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $122.3m to $136.5m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Design New York LLC sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Yampa Valley Medical Center ($136.4m), General Health System ($136.5m) and Western New York Medical Practice PC ($136.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $202k (0.2% of expenses). Other salaries and wages came to $78.4m. At year end it held assets of $86.9m against liabilities of $31.5m, net assets of $55.4m. It reported 1,287 employees.