Tufts Medical Center Physicians Organization Inc

Analysis

Tufts Medical Center Physicians Organization Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in May 1993, 33 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 September 2021, Tufts Medical Center Physicians Organization Inc reported income of $11.0m and spending of $11.4m, spending 103% of its income. Across the 3 years on record, from September 2019 to September 2021, income grew from $9.7m to $11.0m (+14%), an average of +6.7% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tufts Medical Center Physicians Organization Inc sits at the 85th 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 94th percentile within MA. Charities of a similar size with the same main cause include Legacy Visiting Nurse Association ($11.0m), Clayton Foundation for Research ($11.0m) and Abraham J and Phyllis Katz Cord Blood Foundation ($11.0m).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. Other salaries and wages came to $8.5m. At year end it held assets of $2.9m against liabilities of $1.8m, net assets of $1.1m. It reported 58 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.