Orlando Physicians Network Inc

Analysis

Orlando Physicians Network Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Orlando Physicians Network Inc reported income of $131.5m and spending of $164.9m, spending 125% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.4m to $131.5m (+1954%), an average of +113% a year. The sharpest change came in the year to September 2021, when income rose by 548%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orlando Physicians Network Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include New England Life Care Inc ($130.4m), Pediatric Physicians Services Inc ($131.7m) and Arctic Slope Native Association Ltd ($129.3m).

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 $88.7m. At year end it held assets of $32.5m against liabilities of $32.5m, net assets of $3,255. It reported 1,000 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.