Southside Faculty Medical Affiliates University Faculty Prac

Analysis

Southside Faculty Medical Affiliates University Faculty Prac is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in April 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, Southside Faculty Medical Affiliates University Faculty Prac reported income of $19.7m and spending of $18.7m, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.0m to $19.7m (+861%), an average of +210% a year. The sharpest change came in the year to December 2022, when income rose by 633%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southside Faculty Medical Affiliates University Faculty Prac sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include St Patrick Residence ($19.7m), Qlarant Quality Solutions Inc ($19.7m) and Guidance Center ($19.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $91k. At year end it held assets of $44.4m against liabilities of $43.4m, net assets of $1.0m. It reported 1 employees.