Columbiadoctors Newyork-Presbyterian Imaging

Analysis

Columbiadoctors Newyork-Presbyterian Imaging is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2018, 8 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, Columbiadoctors Newyork-Presbyterian Imaging reported income of $65.5m and spending of $47.0m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.0m to $65.5m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Columbiadoctors Newyork-Presbyterian Imaging 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 Sweetwater Hospital Association ($65.5m), Trenton Medical Center Inc ($65.6m) and Valley Regional Hospital Inc ($65.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $92.7m against liabilities of $23.5m, net assets of $69.2m.