Coastal Plains Physician Associates

Analysis

Coastal Plains Physician Associates is a registered charity in United States, based in Varnville, SC. It received its IRS tax-exemption ruling in April 2005, 21 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Coastal Plains Physician Associates reported income of $1.3m and spending of $1.7m, spending 132% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.6m to $1.3m (-18%), an average of -4.7% a year. The sharpest change came in the year to September 2021, when income dropped by 23%. Over the whole period it spent 164% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coastal Plains Physician Associates sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Mark Allen Manor Foundation Inc ($1.3m), High Country Early Intervention Inc ($1.3m) and Recovery Center of Hamilton County ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.0m against liabilities of $19.6m, net assets of -$17.6m. It reported 12 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.