Neurology Associates of Stony Brook University Faculty Practice Corp

Analysis

Neurology Associates of Stony Brook University Faculty Practice Corp 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, Neurology Associates of Stony Brook University Faculty Practice Corp reported income of $19.3m and spending of $19.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.1m to $19.3m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neurology Associates of Stony Brook University Faculty Practice Corp sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Centra Health Foundation ($19.3m), Augustana Mount Olivet Hospice Care LLC ($19.3m) and Scott & White Healthcare Foundation ($19.3m).

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 $1.0m (5.1% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $2.8m against liabilities of $2.8m, net assets of $0. It reported 44 employees.