Oneida Medical Practice P C

Analysis

Oneida Medical Practice P C is a registered charity in United States, based in Oneida, NY. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oneida Medical Practice P C reported income of $15.5m and spending of $27.3m, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.6m to $15.5m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 178% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oneida Medical Practice P C sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Houston Healthcare System Inc ($15.5m), Positive Assistance ($15.5m) and Camphill Village U S a Inc ($15.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.4m against liabilities of $88.4m, net assets of -$87.0m.

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.