Atlanticare Physician Group Pa

Analysis

Atlanticare Physician Group Pa is a registered charity in United States, based in Egg Harbor Townshi, NJ. It received its IRS tax-exemption ruling in November 2010, 16 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 2021, Atlanticare Physician Group Pa reported income of $235.3m and spending of $232.7m, spending 99% of its income. Across the 4 years on record, from June 2019 to December 2021, income grew from $203.5m to $235.3m (+16%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Atlanticare Physician Group Pa sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NJ. Charities of a similar size with the same main cause include Versiti Blood Health Inc ($235.2m), United Cerebral Palsy Associations of New York State Inc ($235.4m) and Jefferson Hospital Assn Inc ($234.6m).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.1m (0.5% of expenses). Other salaries and wages came to $147.7m. At year end it held assets of $46.3m against liabilities of $33.8m, net assets of $12.5m. It reported 513 employees.