Metropolitan Medical Practice Plan PC

Analysis

Metropolitan Medical Practice Plan PC is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in July 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 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 June 2023, Metropolitan Medical Practice Plan PC reported income of $17.0m and spending of $15.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.2m to $17.0m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metropolitan Medical Practice Plan PC sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Advancium Health Network Inc ($17.0m), Clark Community Mental Health Center ($17.0m) and Powell Recovery Center Inc ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. At year end it held assets of $10.6m against liabilities of $6.0m, net assets of $4.6m.