Samaritan Medical Practice PC

Analysis

Samaritan Medical Practice PC is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in May 2011, 15 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, Samaritan Medical Practice PC reported income of $4.8m and spending of $11.6m, spending 240% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.4m to $4.8m (-54%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 220% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Samaritan Medical Practice PC sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include NDH Foundation ($4.8m), Baptist Minor Medical Centers Inc ($4.8m) and Rogers Memorial Hospital Foundation Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $7.9m. At year end it held assets of $1.7m against liabilities of $1.7m, net assets of $0. It reported 43 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.