North Shore-Lij Anesthesiology PC

Analysis

North Shore-Lij Anesthesiology PC is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in October 2017, 9 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Shore-Lij Anesthesiology PC reported income of $424.3m and spending of $449.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74.6m to $424.3m (+468%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Shore-Lij Anesthesiology PC sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Bronson Healthcare Group Inc ($423.2m), University of Florida Jacksonville Physicians Inc ($425.4m) and Washington Regional Medical Center ($422.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.4m (0.3% of expenses). Other salaries and wages came to $335.3m. At year end it held assets of $59.2m against liabilities of $91.5m, net assets of -$32.2m. It reported 787 employees.

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.