Twin Rivers Medical PC

Analysis

Twin Rivers Medical PC is a registered charity in United States, based in Hoosick Falls, NY. It received its IRS tax-exemption ruling in September 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 September 2023, Twin Rivers Medical PC reported income of $1.9m and spending of $3.6m, spending 185% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $1.9m (+10.0%), an average of +2.4% a year. Over the whole period it spent 166% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Twin Rivers Medical PC sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include North American Neuro-Opthalmology Society ($1.9m), Recovery Resources TN ($1.9m) and Valley Center for the Blind ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $380k against liabilities of $1.5m, net assets of -$1.1m.

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.