Canton-Potsdam Medical Practice PLLC

Analysis

Canton-Potsdam Medical Practice PLLC is a registered charity in United States, based in Potsdam, NY. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Canton-Potsdam Medical Practice PLLC reported income of $848k and spending of $2.1m, spending 246% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $848k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 214% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Canton-Potsdam Medical Practice PLLC sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Darien Ems Post 53 Inc ($848k), Walk Intuit Inc ($848k) and Healing Hearts Foundation ($848k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $447k against liabilities of $7.3m, net assets of -$6.9m.

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.