Child Mind Medical Practice PLLC

Analysis

Child Mind Medical Practice PLLC is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, 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, Child Mind Medical Practice PLLC reported income of $8.1m and spending of $8.0m, spending 99% of its income. Across the 4 years on record, from September 2021 to December 2023, income grew from $3.0m to $8.1m (+172%), an average of +40% a year. The sharpest change came in the year to September 2022, when income rose by 714%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Child Mind Medical Practice PLLC sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Newport Hospital Foundation Inc ($8.1m), Markesan Resident Home Incorporated ($8.1m) and Hudson Health Services Inc ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $342k (4.2% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $6.9m against liabilities of $6.8m, net assets of $119k. It reported 209 employees.