Brown Urology Inc

Analysis

Brown Urology Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in February 2018, 8 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 September 2023, Brown Urology Inc reported income of $18.3m and spending of $19.0m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.8m to $18.3m (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2021, when income rose by 40%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brown Urology Inc sits at the 88th percentile: it is larger than about 88% 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 Community House Mental Health Agency ($18.3m), Bridging Access to Care Inc ($18.3m) and South Cove Manor Nursing and Rehabilitation Center Inc ($18.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $3.2m (17% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $10.4m against liabilities of $14.4m, net assets of -$4.0m. It reported 153 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.