Federation of State Physician Health Programs Inc

Analysis

Federation of State Physician Health Programs Inc is a registered charity in United States, based in Wilmington, MA. It received its IRS tax-exemption ruling in May 1991, 35 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, Federation of State Physician Health Programs Inc reported income of $596k and spending of $577k, spending 97% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $497k to $596k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Federation of State Physician Health Programs Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include New Beginings Center ($596k), Light of Hope Inc ($596k) and Recovery Network Inc ($596k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $163k (28% of expenses). Other salaries and wages came to $18k. At year end it held assets of $813k against liabilities of $133k, net assets of $680k. It reported 2 employees.