Health Care
(E112)
IRS Verified
DX Registered
990 on File
WESTCHESTER MEDICAL CENTER FOUNDATION INC
Financial strength (30%)
74/100
Reliability (20%)
70/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Foundation shall at all times be operated exclusively for charitable, scientific, and educational purposes within the meaning of Section 170(c)(2)(B) and 501(c)(3) of the Code, and, as more specifically set forth in the Foundation's Certificate of Incorporation, for the purposes of supporting, maintaining, and otherwise benefiting and being responsive to the needs and objectives of the Westchester Medical Center, and operated by Westchester County Health Care Corporation, and the health and welfare of the community served by such facilities.
Financial Overview — FY 2024
$12.0M
Total Revenue
$6.7M
Total Expenses
$47.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.2%
Fundraising Efficiency
609.3%
Operating Reserve
85.61x
Liability-to-Asset
1.6%
Revenue Diversification
85.2%
Compared with Peers
FY 2024
Compared with 3,080 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.2% | 84.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.5% | 11.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
27.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
609.3% | 102.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
85.6 mo | 9.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.6% | 13.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.2% | 91.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
59.4% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
28.7% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
44.0% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $12.0M | $6.7M | $47.8M | 70.2% | 0 |
| 2023 | $7.5M | $5.2M | $41.0M | 60.8% | 0 |
| 2022 | $7.8M | $4.5M | $36.1M | 69.9% | 0 |
| 2021 | $6.6M | $4.1M | N/A | — | 0 |
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