Triad Adult and Pediatric Medicine Inc

Analysis

Triad Adult and Pediatric Medicine Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Triad Adult and Pediatric Medicine Inc reported income of $14.8m and spending of $12.5m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.4m to $14.8m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Triad Adult and Pediatric Medicine Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Healthcare in Action Inc ($14.8m), Overlook Foundation ($14.8m) and Alleghany County Memorial Hospital Inc ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $636k (5.1% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $22.5m against liabilities of $852k, net assets of $21.7m. It reported 149 employees.