The Westchester Medical Practice PC

Analysis

The Westchester Medical Practice PC is a registered charity in United States, based in Yorktown Heights, NY. It received its IRS tax-exemption ruling in March 2017, 9 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, The Westchester Medical Practice PC reported income of $96.2m and spending of $96.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54.3m to $96.2m (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Westchester Medical Practice PC sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Aitkin Community Hospital Inc ($96.1m), Southern Illinois Medical Services NFP ($96.2m) and The Childrens Center Inc ($95.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $339k (0.4% of expenses). Other salaries and wages came to $49.9m. At year end it held assets of $26.3m against liabilities of $35.4m, net assets of -$9.1m. It reported 361 employees.