Staten Island University Hospital Foundation

Analysis

Staten Island University Hospital Foundation is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in August 2006, 20 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Staten Island University Hospital Foundation reported income of $9.6m and spending of $1.6m, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $9.6m (+241%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 46% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Staten Island University Hospital Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Housecall Providers PC ($9.6m), Touro University Medical Group ($9.6m) and Saint James Health Inc ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $33.8m against liabilities of $1,145, net assets of $33.8m.