Valley Physician Services Ny PC

Analysis

Valley Physician Services Ny PC is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in July 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, Valley Physician Services Ny PC reported income of $11.4m and spending of $11.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $11.4m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 29%. 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, Valley Physician Services Ny PC sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Beech Brook ($11.3m), Morrison Hospital Association ($11.4m) and Cohen Veterans Bioscience Inc ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $7.5m. At year end it held assets of $2.5m against liabilities of $1.9m, net assets of $660k. It reported 31 employees.