RWJBH Medical Group PC

Analysis

RWJBH Medical Group PC is a registered charity in United States, based in Oceanport, NJ. It received its IRS tax-exemption ruling in January 2022, 4 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 December 2023, RWJBH Medical Group PC reported income of $397.0m and spending of $397.0m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $13.2m to $397.0m (+2913%), an average of +211% a year. The sharpest change came in the year to December 2021, when income rose by 1066%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, RWJBH Medical Group PC sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NJ. Charities of a similar size with the same main cause include South Lake Hospital Inc ($395.9m), Oneblood Inc ($397.5m) and St Mary Medical Center ($395.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $497.0m against liabilities of $252.7m, net assets of $244.3m.