Virtual Health Medicine P C

Analysis

Virtual Health Medicine P C is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in November 2018, 8 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, Virtual Health Medicine P C reported income of $1.8m and spending of $556k, leaving 70% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.3m to $1.8m (+45%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virtual Health Medicine P C sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Barrier Islands Free Medical Clinic Inc ($1.8m), Pennsylvania Health Law Project ($1.8m) and Smith Farm Ltd ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $264k, net assets of -$264k.