Concordia Physician Practice

Analysis

Concordia Physician Practice is a registered charity in United States, based in Cabot, PA. It received its IRS tax-exemption ruling in June 2016, 10 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, Concordia Physician Practice reported income of $1.1m and spending of $1.2m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $577k to $1.1m (+90%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Concordia Physician Practice sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include The Legacy Foundation of Hartford Inc ($1.1m), Brownsville Society for Crippled Children Incorporated ($1.1m) and Lokahi Treatment Centers ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Other salaries and wages came to $883k. At year end it held assets of $598k against liabilities of $361k, net assets of $238k. It reported 14 employees.