University Physician Associates of New Jersey Inc

Analysis

University Physician Associates of New Jersey Inc is a registered charity in United States, based in Oceanport, NJ. It received its IRS tax-exemption ruling in July 1985, 41 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, University Physician Associates of New Jersey Inc reported income of $28.7m and spending of $28.7m, spending 100% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $141.6m to $28.7m (-80%), an average of -27% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Physician Associates of New Jersey Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Bluestem Health ($28.7m), Buchanan General Hospital Inc ($28.8m) and Danville Pittsylvania Community Services ($28.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $123.9m against liabilities of $124.9m, net assets of -$996k.