Physicians Serving Physicians

Analysis

Physicians Serving Physicians is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in August 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Physicians Serving Physicians reported income of $93k and spending of $123k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $93k (+5.1%), an average of +5.1% a year. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Physicians Serving Physicians sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include El Campo Medical Foundation ($93k), Tennis Association of Hilton Head Island Inc ($93k) and Hope Aglow Ministries ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.