Northeast Medical Group PLLC

Analysis

Northeast Medical Group PLLC is a registered charity in United States, based in Stratford, CT. It received its IRS tax-exemption ruling in December 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 supporting organisation under section 501(c)(3).

In the financial year ending September 2023, Northeast Medical Group PLLC reported income of $6.7m and spending of $9.8m, spending 146% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.2m to $6.7m (+59%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 17%. Over the whole period it spent 165% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northeast Medical Group PLLC sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Westhaven Community a Ministry of the Evangelical Free Church ($6.7m), Dignity Health Foundation-East Valley ($6.7m) and United Community Health Center Inc ($6.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 73% of the total. Other salaries and wages came to $5.1m. At year end it held assets of $1.2m against liabilities of $1.2m, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.