Physician Associates of Southwest Dallas

Analysis

Physician Associates of Southwest Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2002, 24 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, Physician Associates of Southwest Dallas reported income of $12.6m and spending of $12.6m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $17.6m to $12.6m (-28%), an average of -8.0% a year. The sharpest change came in the year to September 2021, when income dropped by 33%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Physician Associates of Southwest Dallas sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Lutheran Home-Winston-Salem Inc ($12.6m), Planned Parenthood of Metropolitan New Jersey Inc ($12.6m) and San Diego Lesbian Gay Bisexual and Transgender Community Center ($12.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $2.2m (17% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $2.7m against liabilities of $6.3m, net assets of -$3.7m. It reported 24 employees.