One Brooklyn Health System Inc

Analysis

One Brooklyn Health System Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 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 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 December 2023, One Brooklyn Health System Inc reported income of $112.7m and spending of $5,252, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.6m to $112.7m (+1386%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 14972%. Over the whole period it spent 0.2% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, One Brooklyn Health System Inc sits at the 95th percentile: it is larger than about 95% 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 University of Maryland Faculty Physicians Inc ($112.7m), Wellspring Foundation of Southwest Virginia ($112.9m) and Southwest Health Center Inc ($112.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $209.0m against liabilities of $74.1m, net assets of $134.9m.