Stony Brook Family and Preventive Medicine Univ Faculty Practice Cor

Analysis

Stony Brook Family and Preventive Medicine Univ Faculty Practice Cor is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stony Brook Family and Preventive Medicine Univ Faculty Practice Cor reported income of $14.1m and spending of $14.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $14.1m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 31%. 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, Stony Brook Family and Preventive Medicine Univ Faculty Practice Cor sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include University of Maryland Upper Chesapeake Health System Inc ($14.1m), Casa Esperanza Inc ($14.1m) and Villa Mary Immaculate ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $560k (3.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $2.5m against liabilities of $2.5m, net assets of $0. It reported 31 employees.