Beth Israel Lahey Health Primary Care Inc

Analysis

Beth Israel Lahey Health Primary Care Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. 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 September 2023, Beth Israel Lahey Health Primary Care Inc reported income of $18.9m and spending of $24.2m, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $23.8m to $18.9m (-21%), an average of -5.6% a year. The sharpest change came in the year to September 2022, when income dropped by 19%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beth Israel Lahey Health Primary Care Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include LA Casa de Buena Salud Inc ($18.9m), Young Mens Christian Association of the Inland Northwest ($18.9m) and Philadelphia School ($18.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $14.3m. At year end it held assets of $18.8m against liabilities of $10.1m, net assets of $8.7m. It reported 236 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.