Medical Associates of Erie

Analysis

Medical Associates of Erie is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Medical Associates of Erie reported income of $12.1m and spending of $14.3m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.6m to $12.1m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Associates of Erie sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Queenscare ($12.1m), Advocacy Alliance ($12.1m) and Gulf Coast Health Center Inc ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $1.2m (8.5% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $9.5m against liabilities of $6.1m, net assets of $3.4m. It reported 169 employees.