Hunterdon Specialty Care PC

Analysis

Hunterdon Specialty Care PC is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in March 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 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, Hunterdon Specialty Care PC reported income of $28.7m and spending of $47.2m, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.6m to $28.7m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 141% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hunterdon Specialty Care PC sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Portsmouth Hospital Corporation ($28.7m), Schenectady Family Health Services Inc ($28.7m) and Braxton County Memorial Hospital Inc ($28.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $23.2m. At year end it held assets of $4.5m against liabilities of $55.5m, net assets of -$50.9m. It reported 77 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.