Olathe Health Physicians Inc

Analysis

Olathe Health Physicians Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in November 1996, 30 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 December 2022, Olathe Health Physicians Inc reported income of $79.3m and spending of $118.0m, spending 149% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $69.3m to $79.3m (+14%), an average of +4.6% a year. Over the whole period it spent 150% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Olathe Health Physicians Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KS. Charities of a similar size with the same main cause include Mountain View Cancer Associates Inc ($79.2m), Lifecenter Northwest ($79.4m) and Mark Twain Medical Center ($79.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $984k (0.8% of expenses). Other salaries and wages came to $71.5m. At year end it held assets of $52.0m against liabilities of $22.1m, net assets of $29.9m. It reported 702 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.