Jefferson University Physicians of New Jersey PC

Analysis

Jefferson University Physicians of New Jersey PC is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 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 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, Jefferson University Physicians of New Jersey PC reported income of $17.1m and spending of $17.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.0m to $17.1m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jefferson University Physicians of New Jersey 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 96th percentile within PA. Charities of a similar size with the same main cause include Sanders Tri-Institutional Therapeut Discovery Institute Inc Co Weill C ($17.0m), Caring Hands Healthcare Centers Inc ($17.1m) and Lancaster Emergency Medical Services Association ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $879k against liabilities of $1.7m, net assets of -$796k.