Medical Services of Lynbrook PC

Analysis

Medical Services of Lynbrook PC is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in November 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Medical Services of Lynbrook PC reported income of $4.2m and spending of $2.4m, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $4.5m to $4.2m (-6.6%), an average of -6.6% a year. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Services of Lynbrook PC sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Friendship Medical Clinic Inc ($4.2m), Saint Marys Amicare Home Healthcare ($4.2m) and University Community Hospital Foundation Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $215k. At year end it held assets of $3.3m against liabilities of $397k, net assets of $2.9m. It reported 6 employees.