First Choice Physician Partners
Analysis
First Choice Physician Partners is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, First Choice Physician Partners reported income of $184.5m and spending of $183.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $152.2m to $184.5m (+21%), an average of +4.9% a year. Over the whole period it spent 99% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, First Choice Physician Partners sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Rush Oak Park Hospital Inc ($184.3m), Hopehealth Inc ($184.5m) and Northern Dutchess Hospital ($184.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $55.0m against liabilities of $35.9m, net assets of $19.2m. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 36%
- Program services 61%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rush Oak Park Hospital Inc | Oak Park | $184.3m |
| Hopehealth Inc | Florence | $184.5m |
| Northern Dutchess Hospital | Rhinebeck | $184.3m |
| Metroplex Adventist Hospital Inc | Killeen | $184.8m |