Brightwaters Gynecology PC

Analysis

Brightwaters Gynecology PC is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in November 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 December 2023, Brightwaters Gynecology PC reported income of $4.9m and spending of $4.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $4.9m (+1248%), an average of +92% a year. The sharpest change came in the year to December 2020, when income rose by 545%. Over the whole period it spent 136% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brightwaters Gynecology PC sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include International Rett Syndrome Foundation ($4.9m), Velatura Hie Corporation ($4.9m) and Lyon-Martin Community Health Services ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 19% of the total. At year end it held assets of $96k against liabilities of $4.5m, net assets of -$4.4m.