Jupiter Medical Center Physicians Group Inc

Analysis

Jupiter Medical Center Physicians Group Inc is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in February 2012, 14 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 September 2023, Jupiter Medical Center Physicians Group Inc reported income of $18.7m and spending of $41.0m, spending 220% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.5m to $18.7m (+186%), an average of +30% a year. The sharpest change came in the year to September 2020, when income rose by 88%. Over the whole period it spent 136% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jupiter Medical Center Physicians Group Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Progressive Community Health Centers Inc ($18.7m), Alma Family Services ($18.7m) and Health Imperatives Inc ($18.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $2.8m (6.9% of expenses). Other salaries and wages came to $26.5m. At year end it held assets of $14.0m against liabilities of $7.6m, net assets of $6.4m. It reported 194 employees.