Carnegie Cardiovascular PC

Analysis

Carnegie Cardiovascular PC is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in October 2017, 9 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 i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carnegie Cardiovascular PC reported income of $76.2m and spending of $75.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69.2m to $76.2m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carnegie Cardiovascular PC sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Unitypoint Health-Marshalltown ($76.2m), Coastal Medical Physicians Inc ($76.3m) and Inspira Health Network Medical Group PC ($76.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $1.4m against liabilities of $39k, net assets of $1.4m.