Claxton Medical PC

Analysis

Claxton Medical PC is a registered charity in United States, based in Ogdensburg, NY. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Claxton Medical PC reported income of $4.3m and spending of $15.1m, spending 351% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.0m to $4.3m (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 222% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Claxton Medical PC sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include California Institute of Health & Social Services ($4.3m), Reach Project Inc ($4.3m) and Tolland County Mutual Aid Fire Service Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $7.5m. At year end it held assets of $332k against liabilities of $76.0m, net assets of -$75.7m.

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.