United Medical Associates PC

Analysis

United Medical Associates PC is a registered charity in United States, based in Vestal, NY. It received its IRS tax-exemption ruling in January 1998, 28 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, United Medical Associates PC reported income of $143.3m and spending of $171.1m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $132.4m to $143.3m (+8.2%), an average of +2.0% a year. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Medical Associates PC sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Clifton Springs Sanitarium Co ($143.1m), The Guthrie Clinic ($143.8m) and Claxton-Hepburn Medical Center ($143.1m).

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 $6.8m (4.0% of expenses). Other salaries and wages came to $108.4m. At year end it held assets of $20.9m against liabilities of $167.8m, net assets of -$146.9m. It reported 497 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.