Health Workforce New York Inc

Analysis

Health Workforce New York Inc is a registered charity in United States, based in Canton, NY. It received its IRS tax-exemption ruling in December 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 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 September 2023, Health Workforce New York Inc reported income of $1.3m and spending of $1.5m, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $986k to $1.3m (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Workforce New York Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Catch a Dream Foundation ($1.3m), Kentucky Lions Eye Foundation Inc ($1.3m) and South Sound Care Foundation ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $746k against liabilities of $110k, net assets of $637k. It reported 19 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.