University Physicians of Brooklyn Inc

Analysis

University Physicians of Brooklyn Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, University Physicians of Brooklyn Inc reported income of $65.3m and spending of $74.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $66.2m to $65.3m (-1.4%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Physicians of Brooklyn Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Day 1 Academies ($65.2m), Trustees for Harvard University ($65.4m) and Mount St Joseph University ($65.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3.0m (4.0% of expenses). Other salaries and wages came to $40.4m. At year end it held assets of $35.2m against liabilities of $40.2m, net assets of -$5.1m. It reported 508 employees.