Brown Physicians Inc

Analysis

Brown Physicians Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in October 2017, 9 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Brown Physicians Inc reported income of $8.7m and spending of $8.1m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.7m to $8.7m (+87%), an average of +17% a year. The sharpest change came in the year to September 2021, when income rose by 141%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brown Physicians Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within RI. Charities of a similar size with the same main cause include Genesys Hurley Cancer Institute ($8.7m), Pioneer Valley Cardiology Associates Inc ($8.7m) and United Cerebral Palsy Association of Central Arizona ($8.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $94k. At year end it held assets of $27.9m against liabilities of $11.5m, net assets of $16.4m.