United Regional Physician Group

Analysis

United Regional Physician Group is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Regional Physician Group reported income of $25.4m and spending of $42.7m, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.2m to $25.4m (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 168% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Regional Physician Group sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Paul Oliver Memorial Hospital ($25.4m), New Horizons Area Mh-Mr-Sa Program ($25.4m) and Ridgeview Clinics ($25.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.9m (4.5% of expenses). Other salaries and wages came to $30.8m. At year end it held assets of $4.9m against liabilities of $5.6m, net assets of -$686k. It reported 235 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.