Montefiore Medicine Academic Health Self Insurance Trist

Analysis

Montefiore Medicine Academic Health Self Insurance Trist is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Montefiore Medicine Academic Health Self Insurance Trist reported income of $76.5m and spending of $86.9m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $66.8m to $76.5m (+15%), an average of +3.5% a year. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Montefiore Medicine Academic Health Self Insurance Trist 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 Lutheran Charity Association ($76.4m), Hills & Dales General Hospital Inc ($76.6m) and Coastal Medical Physicians Inc ($76.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $10k (0.0% of expenses). At year end it held assets of $400.5m against liabilities of $399.6m, net assets of $898k.

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.