Physicians Home
Physicians Home faces recent operational deficits despite substantial assets and zero executive compensation.
EIN: 131782482 · New York, NY · NTEE: P800 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $534K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $13.8 |
| Net Assets | $13.8M |
| Transparency Score | 80/100 |
Is Physicians Home Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Physicians Home directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Physicians Home
Physicians Home (EIN: 131782482) is a nonprofit organization based in New York, NY, classified under NTEE code P800. The organization reported total revenue of $5.7M and total assets of $19.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Physicians Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Physicians Home is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $534K |
| Surplus / Deficit | $-153,692 |
| Total Assets | $13.8M |
| Total Liabilities | $78K |
| Net Assets | $13.8M |
| Operating Margin | -40.4% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 311.1 months |
Financial Health Grade: B
In 2023, Physicians Home reported a deficit of $154K with expenses exceeding revenue, holds 311.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Physicians Home's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.1% | -9.8% | +13.0% |
| 2022 | -52.0% | -11.9% | -19.2% |
| 2021 | +84.4% | -8.4% | +19.7% |
| 2020 | +129.4% | +6.8% | +6.9% |
| 2019 | -25.9% | +11.6% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Physicians Home with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Physicians Home allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $154K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly commendable for an organization of its asset size ($13.8 million in 2023).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Physicians Home's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $153,692 deficit in 2023, $346,288 deficit in 2019).
- Revenue volatility, with significant drops from $1,442,889 in 2021 to $380,123 in 2023.
Strengths
The following positive indicators were identified for Physicians Home:
- Consistent 0% executive compensation across all filings.
- Substantial and growing asset base, reaching $13,839,493 in 2023.
- Low liabilities relative to assets ($77,982 in 2023).
- Consistent IRS 990 filing history (13 filings) demonstrating transparency.
Frequently Asked Questions about Physicians Home
Is Physicians Home a legitimate charity?
Based on AI analysis of IRS 990 filings, Physicians Home (EIN: 131782482) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Physicians Home spend its money?
Physicians Home directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Physicians Home tax-deductible?
Physicians Home is registered as a tax-exempt nonprofit (EIN: 131782482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Physicians Home CEO make?
Physicians Home's highest-compensated officer earns $13.8 annually. The organization reported $5.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Physicians Home's spending goes to programs?
Physicians Home directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Physicians Home compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Physicians Home is above average for NTEE category P800 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Physicians Home located?
Physicians Home is headquartered in New York, New York and files with the IRS under EIN 131782482. It is classified under NTEE code P800.
How many years of IRS 990 filings does Physicians Home have?
Physicians Home has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.7M in total revenue.
Is Physicians Home a good charity?
Physicians Home exhibits strong indicators of a good charity, particularly its consistent 0% executive compensation and substantial assets. However, recent operational deficits (e.g., $153,692 in 2023) warrant closer examination of its long-term financial sustainability.
How does Physicians Home manage its expenses?
In 2023, Physicians Home's expenses were $533,815, exceeding its revenue of $380,123. This indicates that the organization spent more than it brought in during that period, a trend seen in several recent years.
What is the trend in Physicians Home's assets?
Physicians Home's assets have shown growth over the long term, from $7,110,939 in 2014 to $13,839,493 in 2023, indicating a strong financial foundation despite some year-to-year fluctuations.
Does Physicians Home pay its executives?
No, Physicians Home consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries are paid to its executives.
What is the organization's financial stability?
While Physicians Home possesses significant assets ($13.8 million in 2023) and low liabilities ($77,982 in 2023), its recent trend of expenses exceeding revenue (e.g., $533,815 expenses vs. $380,123 revenue in 2023) suggests potential challenges to its operational stability if not addressed.
Filing History
IRS 990 filing history for Physicians Home showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Physicians Home's revenue has declined by 13.9%, moving from $441K to $380K. Total assets increased by 123.3% over the same period, from $6.2M to $13.8M. Total functional expenses rose by 15%, from $464K to $534K. In its most recent filing year (2023), Physicians Home reported a deficit of $154K, with expenses exceeding revenue. The organization holds $78K in liabilities against $13.8M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $380K | $534K | $13.8M | $78K | — | View 990 |
| 2022 | $693K | $592K | $12.2M | $26K | — | View 990 |
| 2021 | $1.4M | $672K | $15.1M | $24K | — | View 990 |
| 2020 | $782K | $734K | $12.7M | $23K | — | View 990 |
| 2019 | $341K | $687K | $11.8M | $46K | — | View 990 |
| 2018 | $460K | $616K | $11.8M | $23K | — | View 990 |
| 2017 | $563K | $531K | $10.6M | $22K | — | View 990 |
| 2016 | $2.7M | $487K | $10.0M | $21K | — | View 990 |
| 2015 | $658K | $487K | $7.0M | $23K | — | View 990 |
| 2014 | $301K | $511K | $7.1M | $22K | — | View 990 |
| 2013 | $267K | $537K | $7.0M | $130K | — | View 990 |
| 2012 | $247K | $488K | $6.9M | $24K | — | View 990 |
| 2011 | $441K | $464K | $6.2M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $380K, expenses of $534K, and assets of $13.8M (revenue -45.1% year-over-year).
- 2022: Revenue of $693K, expenses of $592K, and assets of $12.2M (revenue -52.0% year-over-year).
- 2021: Revenue of $1.4M, expenses of $672K, and assets of $15.1M (revenue +84.4% year-over-year).
- 2020: Revenue of $782K, expenses of $734K, and assets of $12.7M (revenue +129.4% year-over-year).
- 2019: Revenue of $341K, expenses of $687K, and assets of $11.8M (revenue -25.9% year-over-year).
- 2018: Revenue of $460K, expenses of $616K, and assets of $11.8M (revenue -18.3% year-over-year).
- 2017: Revenue of $563K, expenses of $531K, and assets of $10.6M (revenue -79.3% year-over-year).
- 2016: Revenue of $2.7M, expenses of $487K, and assets of $10.0M (revenue +313.0% year-over-year).
- 2015: Revenue of $658K, expenses of $487K, and assets of $7.0M (revenue +118.7% year-over-year).
- 2014: Revenue of $301K, expenses of $511K, and assets of $7.1M (revenue +12.5% year-over-year).
- 2013: Revenue of $267K, expenses of $537K, and assets of $7.0M (revenue +8.1% year-over-year).
- 2012: Revenue of $247K, expenses of $488K, and assets of $6.9M (revenue -44.0% year-over-year).
- 2011: Revenue of $441K, expenses of $464K, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Physicians Home:
Data Sources and Methodology
This transparency report for Physicians Home is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.