Physician Care PC

Analysis

Physician Care PC is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Physician Care PC reported income of $13.8m and spending of $26.5m, spending 193% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.6m to $13.8m (+30%), an average of +6.9% a year. Over the whole period it spent 182% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Physician Care PC sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Presbyterian Homes Mill Pond Inc ($13.8m), Adult Resources Center Inc ($13.8m) and Mercy Hospital of Franciscan Sisters Inc ($13.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $5.3m against liabilities of $59.0m, net assets of -$53.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.