Holy Name Health Physicians

Analysis

Holy Name Health Physicians is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in June 2021, 5 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, Holy Name Health Physicians reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.2m to $1.8m (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. 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, Holy Name Health Physicians sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Yellowstone Health Partnership ($1.8m), Ollie Webb Center Inc ($1.8m) and Copeland Center for Wellness and Recovery Incorporated ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $53k against liabilities of $137, net assets of $53k. It reported 11 employees.