New York Queens Medicine and Surgery PC

Analysis

New York Queens Medicine and Surgery PC is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in June 2014, 12 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, New York Queens Medicine and Surgery PC reported income of $273.0m and spending of $273.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215.0m to $273.0m (+27%), an average of +6.2% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New York Queens Medicine and Surgery PC 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 NY. Charities of a similar size with the same main cause include MGB Pooled Holdings LLC ($272.8m), Partners in Health a Nonprofit Corporation ($273.1m) and Goshen Hospital Association Inc ($272.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $1.8m (0.6% of expenses). Other salaries and wages came to $126.9m. At year end it held assets of $48.8m against liabilities of $49.8m, net assets of -$1.1m. It reported 914 employees.