Community Physicians Associates Inc

Analysis

Community Physicians Associates Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Physicians Associates Inc reported income of $4.8m and spending of $7.3m, spending 153% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.2m to $4.8m (+13%), an average of +3.0% a year. Over the whole period it spent 156% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Physicians Associates Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Amber Grace Community ($4.8m), Glaucoma Foundation Inc ($4.8m) and Mending Hearts Inc ($4.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $996k (14% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $1.5m against liabilities of $4.5m, net assets of -$3.0m. It reported 37 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.