Brown Dermatology Inc

Analysis

Brown Dermatology Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Brown Dermatology Inc reported income of $18.2m and spending of $18.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.2m to $18.2m (+28%), an average of +6.5% a year. The sharpest change came in the year to September 2021, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brown Dermatology Inc 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 97th percentile, and in the 96th percentile within RI. Charities of a similar size with the same main cause include St Pauls Episcopal School ($18.2m), Education Alternatives ($18.2m) and Varnett Schools Inc ($18.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.7m (9.2% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $6.6m against liabilities of $6.4m, net assets of $169k. It reported 153 employees.