TBHC Medical Testing Services

Analysis

TBHC Medical Testing Services is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TBHC Medical Testing Services reported income of $760k and spending of $900k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $935k to $760k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, TBHC Medical Testing Services sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Childrens Hope Inc ($760k), Catalyst for Change ($760k) and Academy of Geriatric Physical Therapy Inc ($760k).

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 $695k. At year end it held assets of $162k against liabilities of $146k, net assets of $16k.