Catholic Health Care Foundation Of The Archdiocese Of New York
Catholic Health Care Foundation maintains strong assets despite fluctuating annual revenues and expenses, with no reported officer compensation.
EIN: 134054158 · New York, NY · NTEE: E110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.1M |
| Total Expenses | $3.2M |
| Program Spending | 85% |
| Net Assets | $39.0M |
| Transparency Score | 85/100 |
Is Catholic Health Care Foundation Of The Archdiocese Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Health Care Foundation Of The Archdiocese Of New York directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Health Care Foundation Of The Archdiocese Of New York
Catholic Health Care Foundation Of The Archdiocese Of New York (EIN: 134054158) is a nonprofit organization based in New York, NY, classified under NTEE code E110. The organization reported total revenue of $20.1M and total assets of $37.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Health Care Foundation Of The Archdiocese Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Health Care Foundation Of The Archdiocese Of New York is a large nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-549,634 |
| Total Assets | $39.2M |
| Total Liabilities | $116K |
| Net Assets | $39.0M |
| Operating Margin | -20.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 146.2 months |
Financial Health Grade: B
In 2023, Catholic Health Care Foundation Of The Archdiocese Of New York reported a deficit of $550K with expenses exceeding revenue, holds 146.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catholic Health Care Foundation Of The Archdiocese Of New York's revenue has grown at a compound annual growth rate (CAGR) of 23.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | +76.1% | +2.5% |
| 2022 | -1.7% | +45.7% | -3.0% |
| 2021 | +6.9% | -46.1% | +16.2% |
| 2020 | -44.7% | -57.1% | +9.8% |
| 2019 | +0.1% | -44.2% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Catholic Health Care Foundation Of The Archdiocese Of New York with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Catholic Health Care Foundation Of The Archdiocese Of New York allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $550K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers do not receive salaries from the organization, which is highly favorable for resource allocation.
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 Catholic Health Care Foundation Of The Archdiocese Of New York's IRS 990 filings:
- Periodic operational deficits (e.g., 202312 expenses $3.2M vs. revenue $2.6M) could indicate reliance on reserves or investment income to cover costs.
Strengths
The following positive indicators were identified for Catholic Health Care Foundation Of The Archdiocese Of New York:
- Strong asset base ($39,150,431 in 202312) provides significant financial stability.
- Very low liabilities ($115,843 in 202312) relative to assets.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Long filing history (13 filings) demonstrates sustained operation and transparency.
Frequently Asked Questions about Catholic Health Care Foundation Of The Archdiocese Of New York
Is Catholic Health Care Foundation Of The Archdiocese Of New York a legitimate charity?
Catholic Health Care Foundation Of The Archdiocese Of New York (EIN: 134054158) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $20.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Catholic Health Care Foundation Of The Archdiocese Of New York spend its money?
Catholic Health Care Foundation Of The Archdiocese Of New York directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Catholic Health Care Foundation Of The Archdiocese Of New York tax-deductible?
Catholic Health Care Foundation Of The Archdiocese Of New York is registered as a tax-exempt nonprofit (EIN: 134054158). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Catholic Health Care Foundation Of The Archdiocese Of New York's spending goes to programs?
Catholic Health Care Foundation Of The Archdiocese Of New York directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Catholic Health Care Foundation Of The Archdiocese Of New York compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Catholic Health Care Foundation Of The Archdiocese Of New York is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Catholic Health Care Foundation Of The Archdiocese Of New York located?
Catholic Health Care Foundation Of The Archdiocese Of New York is headquartered in New York, New York and files with the IRS under EIN 134054158. It is classified under NTEE code E110.
How many years of IRS 990 filings does Catholic Health Care Foundation Of The Archdiocese Of New York have?
Catholic Health Care Foundation Of The Archdiocese Of New York 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 $20.1M in total revenue.
Is Catholic Health Care Foundation Of The Archdiocese Of New York a good charity?
Based on the available data, the organization appears to be a financially stable entity with substantial assets ($39,150,431 in 202312) and a consistent history of operations. The reported 0% officer compensation is a strong positive indicator of efficient resource use and transparency. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its effectiveness.
How does the organization manage its finances given the periodic deficits?
While the organization has experienced periodic operational deficits, such as in 202312 (expenses of $3,214,434 exceeding revenue of $2,664,800), its substantial asset base ($39,150,431 in 202312) and low liabilities ($115,843 in 202312) suggest it has sufficient reserves to cover these shortfalls and maintain long-term financial stability.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is a significant positive. It indicates that the organization's leadership is either entirely voluntary or compensated through other entities, which means a greater proportion of the foundation's funds can be directed towards its mission rather than executive salaries.
Filing History
IRS 990 filing history for Catholic Health Care Foundation Of The Archdiocese Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catholic Health Care Foundation Of The Archdiocese Of New York's revenue has grown by 1210.3%, moving from $203K to $2.7M. Total assets increased by 39379.3% over the same period, from $99K to $39.2M. Total functional expenses rose by 5374.6%, from $59K to $3.2M. In its most recent filing year (2023), Catholic Health Care Foundation Of The Archdiocese Of New York reported a deficit of $550K, with expenses exceeding revenue. The organization holds $116K in liabilities against $39.2M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $39.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $3.2M | $39.2M | $116K | — | — |
| 2022 | $2.5M | $1.8M | $38.2M | $237K | — | View 990 |
| 2021 | $2.5M | $1.3M | $39.4M | $40K | — | View 990 |
| 2020 | $2.4M | $2.3M | $33.9M | $307K | — | View 990 |
| 2019 | $4.3M | $5.4M | $30.8M | $111K | — | View 990 |
| 2018 | $4.3M | $9.7M | $29.4M | $900K | — | View 990 |
| 2017 | $3.0M | $3.9M | $37.1M | $749K | — | View 990 |
| 2016 | $2.2M | $6.8M | $34.4M | $848K | — | View 990 |
| 2015 | $1.6M | $1.3M | $35.9M | $252K | — | View 990 |
| 2014 | $1.2M | $1.1M | $1.4M | $25K | — | View 990 |
| 2013 | $1.0M | $823K | $1.3M | $29K | — | View 990 |
| 2012 | $1.2M | $169K | $1.1M | $45K | — | View 990 |
| 2011 | $203K | $59K | $99K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $3.2M, and assets of $39.2M (revenue +6.7% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.8M, and assets of $38.2M (revenue -1.7% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.3M, and assets of $39.4M (revenue +6.9% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.3M, and assets of $33.9M (revenue -44.7% year-over-year).
- 2019: Revenue of $4.3M, expenses of $5.4M, and assets of $30.8M (revenue +0.1% year-over-year).
- 2018: Revenue of $4.3M, expenses of $9.7M, and assets of $29.4M (revenue +42.5% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.9M, and assets of $37.1M (revenue +35.4% year-over-year).
- 2016: Revenue of $2.2M, expenses of $6.8M, and assets of $34.4M (revenue +37.9% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.3M, and assets of $35.9M (revenue +38.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $1.4M (revenue +12.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $823K, and assets of $1.3M (revenue -10.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $169K, and assets of $1.1M (revenue +469.1% year-over-year).
- 2011: Revenue of $203K, expenses of $59K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Health Care Foundation Of The Archdiocese Of New York:
Data Sources and Methodology
This transparency report for Catholic Health Care Foundation Of The Archdiocese Of New York 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.