Amida Care Inc
Amida Care Inc. operates with tight margins, consistently spending nearly all revenue on expenses, with no reported officer compensation.
EIN: 134154068 · New York, NY · NTEE: E31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $321.5M |
| Total Expenses | $338.6M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $300 |
| Net Assets | $54.7M |
| Transparency Score | 75/100 |
Is Amida Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amida Care Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amida Care Inc
Amida Care Inc (EIN: 134154068) is a nonprofit organization based in New York, NY, classified under NTEE code E31. The organization reported total revenue of $321.5M and total assets of $234.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amida Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amida Care Inc is a major nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $339.7M |
| Total Expenses | $338.6M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $235.5M |
| Total Liabilities | $180.8M |
| Net Assets | $54.7M |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 76.8% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2023, Amida Care Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 76.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Amida Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.0% | -31.4% | +4.7% |
| 2022 | +17.7% | +9.0% | +35.5% |
| 2021 | +0.1% | +1.5% | +5.9% |
| 2020 | +3.2% | +4.0% | +5.1% |
| 2019 | +3.7% | +4.9% | +15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amida Care Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Amida Care Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.8%.
Executive Compensation Analysis
Amida Care Inc. consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $300 million. This suggests that executive compensation is either not reported in the standard officer compensation section or is embedded within other operational expenses, making it difficult to assess leadership costs relative to the organization's substantial size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Amida Care Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could obscure executive pay.
- Very tight operating margins (e.g., $1,069,953 surplus on $339M revenue in 2023) leave little buffer for unforeseen expenses or strategic investments.
Strengths
The following positive indicators were identified for Amida Care Inc:
- Strong program spending, with the vast majority of expenses likely directed towards healthcare services, aligning with its mission as a managed care organization.
- Consistent asset growth over time, from $56,527,742 in 2014 to $235,514,900 in 2023, indicating financial stability and accumulation of resources.
- Stable financial operations with revenues generally covering expenses, demonstrating operational sustainability.
Frequently Asked Questions about Amida Care Inc
Is Amida Care Inc a legitimate charity?
Amida Care Inc (EIN: 134154068) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $321.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Amida Care Inc spend its money?
Amida Care Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Amida Care Inc tax-deductible?
Amida Care Inc is registered as a tax-exempt nonprofit (EIN: 134154068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Amida Care Inc CEO make?
Amida Care Inc's highest-compensated officer earns $300 annually. The organization reported $321.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Amida Care Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Amida Care Inc is above average for NTEE category E31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Amida Care Inc located?
Amida Care Inc is headquartered in New York, New York and files with the IRS under EIN 134154068. It is classified under NTEE code E31.
How many years of IRS 990 filings does Amida Care Inc have?
Amida Care Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $321.5M in total revenue.
Why is officer compensation consistently reported as 0% across all filings, despite the organization's significant revenue and asset base?
The consistent reporting of zero officer compensation is atypical for an organization of Amida Care Inc.'s scale. This could indicate that executives are compensated through a related entity, as part of a management fee, or that their compensation is not categorized under 'officer compensation' on the 990, which warrants further clarification for complete financial transparency.
What is the detailed breakdown of program service expenses, given that they constitute the vast majority of the organization's spending?
As a managed care organization, the bulk of Amida Care Inc.'s expenses are likely direct healthcare costs. A detailed breakdown would clarify how these funds are allocated across different healthcare services, patient populations, and initiatives, providing deeper insight into their programmatic impact.
How does Amida Care Inc. manage its operational risks with such consistently tight operating margins?
With revenues closely matching expenses (e.g., $339,717,772 revenue vs. $338,647,819 expenses in 2023), Amida Care Inc. operates with very thin margins. This strategy requires highly efficient cost management and robust financial planning to absorb unexpected costs or revenue fluctuations without jeopardizing solvency.
Filing History
IRS 990 filing history for Amida Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amida Care Inc's revenue has grown by 280.8%, moving from $89.2M to $339.7M. Total assets increased by 590.1% over the same period, from $34.1M to $235.5M. Total functional expenses rose by 327.3%, from $79.3M to $338.6M. In its most recent filing year (2023), Amida Care Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $180.8M in liabilities against $235.5M in assets (debt-to-asset ratio: 76.8%), resulting in net assets of $54.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $339.7M | $338.6M | $235.5M | $180.8M | — | — |
| 2022 | $522.7M | $493.4M | $225.0M | $172.4M | — | — |
| 2021 | $443.9M | $452.7M | $166.1M | $141.4M | — | View 990 |
| 2020 | $443.5M | $446.1M | $156.9M | $122.6M | — | — |
| 2019 | $429.6M | $428.9M | $149.3M | $112.6M | — | View 990 |
| 2018 | $414.2M | $408.8M | $129.6M | $94.1M | — | View 990 |
| 2017 | $387.2M | $370.1M | $104.7M | $74.6M | — | — |
| 2016 | $399.1M | $388.3M | $77.8M | $64.8M | — | View 990 |
| 2015 | $344.4M | $364.2M | $59.1M | $56.9M | — | View 990 |
| 2014 | $309.2M | $310.7M | $56.5M | $34.5M | — | View 990 |
| 2013 | $264.7M | $257.9M | $53.7M | $30.2M | — | View 990 |
| 2012 | $219.0M | $215.2M | $36.1M | $19.4M | — | View 990 |
| 2011 | $89.2M | $79.3M | $34.1M | $21.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $339.7M, expenses of $338.6M, and assets of $235.5M (revenue -35.0% year-over-year).
- 2022: Revenue of $522.7M, expenses of $493.4M, and assets of $225.0M (revenue +17.7% year-over-year).
- 2021: Revenue of $443.9M, expenses of $452.7M, and assets of $166.1M (revenue +0.1% year-over-year).
- 2020: Revenue of $443.5M, expenses of $446.1M, and assets of $156.9M (revenue +3.2% year-over-year).
- 2019: Revenue of $429.6M, expenses of $428.9M, and assets of $149.3M (revenue +3.7% year-over-year).
- 2018: Revenue of $414.2M, expenses of $408.8M, and assets of $129.6M (revenue +7.0% year-over-year).
- 2017: Revenue of $387.2M, expenses of $370.1M, and assets of $104.7M (revenue -3.0% year-over-year).
- 2016: Revenue of $399.1M, expenses of $388.3M, and assets of $77.8M (revenue +15.9% year-over-year).
- 2015: Revenue of $344.4M, expenses of $364.2M, and assets of $59.1M (revenue +11.4% year-over-year).
- 2014: Revenue of $309.2M, expenses of $310.7M, and assets of $56.5M (revenue +16.8% year-over-year).
- 2013: Revenue of $264.7M, expenses of $257.9M, and assets of $53.7M (revenue +20.9% year-over-year).
- 2012: Revenue of $219.0M, expenses of $215.2M, and assets of $36.1M (revenue +145.5% year-over-year).
- 2011: Revenue of $89.2M, expenses of $79.3M, and assets of $34.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amida Care Inc:
Data Sources and Methodology
This transparency report for Amida Care Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.