TBHC Medical Services PC

Analysis

TBHC Medical Services PC is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TBHC Medical Services PC reported income of $5.5m and spending of $5.8m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.8m to $5.5m (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, TBHC Medical Services PC sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Southern Oklahoma Ambulance Service Inc ($5.5m), Saavi Services for the Blind ($5.5m) and Boulder Community Health Foundation ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $684k against liabilities of $21.0m, net assets of -$20.3m. It reported 12 employees.