Western New York Medical Practice PC

Analysis

Western New York Medical Practice PC is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, Western New York Medical Practice PC reported income of $136.3m and spending of $187.0m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $84.6m to $136.3m (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 134% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Western New York Medical Practice PC sits at the 96th percentile: it is larger than about 96% 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 Alliance Physicians Inc ($136.3m), Yampa Valley Medical Center ($136.4m) and Margaret Mary Community Hospital Inc ($136.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. At year end it held assets of $23.7m against liabilities of $289.4m, net assets of -$265.7m.

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.