Mount Sinai Eldercare Inc

Analysis

Mount Sinai Eldercare Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in November 2022, 4 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, Mount Sinai Eldercare Inc reported income of $435k and spending of $2.5m, spending 571% of what it took in. Over the whole period it spent 571% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mount Sinai Eldercare Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Prince William Drop in Center Inc ($434k), Alano Step One Club ($435k) and Oshun Family Center ($434k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.2m against liabilities of $51k, net assets of $4.1m.