Physicians Home EIN 13-1782482 Form 990 (PDF) Claim this org

Physicians Home FY2024 filing

Not yet claimed Claim this org →

Helps doctors facing financial hardship with needed assistance. For fiscal year 2024 it reported $883K in revenue, $637K in expenses, and $16.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
New York, NY
Website
www.physicianshome.org
Filings
6 on file (2020–2024)
Revenue
$883KFY2024
Expenses
$637K
Net assets
$16.3M
People
13
Filings
6
Updates
0
More identity details & actions ⌄
EIN  13-1782482 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Figures match the IRS filing checked 8/28/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Physicians Home claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Helps doctors facing financial hardship with needed assistance.
Leadership
Andrew E Sama MD · Dir/Chairman/1st Vice-Pres
Money in and out
$883K revenue, $637K expenses
Bottom line
61% program efficiency
Where the money goes · FY2024
Total revenue
$883K
Pt VIII · Ln 12
Total expenses
$637K
Pt IX · Ln 25
Net assets
$16.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $246K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.32 Fundraising $0.07
Program efficiency
61%
of spending reaches programs
Operating runway
306.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$883K
FY2024▲ +132%
Expenses
$637K
FY2024▲ +19%
Total assets
$16.6M
FY2024▲ +20%
Total liabilities
$283K
FY2024▲ +263%
Total revenue
$883K
Pt VIII · Ln 12
Total expenses
$637K
Pt IX · Ln 25
Net assets
$16.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$246K
Total assetsPt X · Ln 16$16.6M
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhysicians Home
EINHdr · item D13-1782482
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.physicianshome.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P800)
Ruling yearIRS BMFApr 1942

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Dir/Chairman/1st Vice-Pres
$0Pt VII · Sec A
Director/2nd Vice-President/Treasurer
$0Pt VII · Sec A
Director/Asst. Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Joseph B Cleary MD’s $46K as Director/President/CEO Thru 11/27/22 is at the 4th percentile of top reported officer pay among 3864 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Joseph B Cleary MD$46,154$50,000$51,923$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Physicians Home executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $390K of program spending, described in the organization's own filed words · FY2023.
01

Physicians' home provides help to physicians who fall on hard financial times AND/OR their immediate family members who become dependent. During the year, the executive committee of the board of directors evaluated the needs of new beneficiaries as well as those of existing beneficiaries for continued assistance.

$390Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Investment income$793K · 90%
Contributions & grants$101K · 11%
Investment income90%$793K
Contributions & grants11%$101K
Total revenueLn 12$883K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.32 Fundraising $0.07
Program services61%$390K
Management & general32%$202K
Fundraising7%$44K
Total functional expensesLn 25$637K

Balance Sheet

Part X · end of year
CashLn 1$1.9M
Total assetsLn 16$16.6M
Total liabilitiesLn 26$283K
Total net assetsLn 32$16.3M
Months of cash on handcomputed36.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $16.3M · Operating expenses/yr $637K
306.9 months
Where the money goes
Program services
Program services $390K · Total expenses $637K
61%
Management & General
Management & general $202K · Total expenses $637K
32%
Fundraising
Fundraising $44K · Total expenses $637K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $42K · Solicited contributions (3-yr avg) $65K
$0.64 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $101K · Total revenue $883K
11%
Government reliance
Government grants — · Total revenue $883K
Earned-income share
Program service revenue $0 · Total revenue $883K
0%
Investment reliance
Investment income $793K · Total revenue $883K
+90%
Program self-sufficiency
Program service revenue $0 · Total expenses $637K
0%
Growth & trend
Revenue growth (YoY)
This year $883K · Prior year $380K
+132%
Revenue CAGR
FY2019 $782K · FY2023 $883K
+3%
Net-asset trend (YoY)
End of year $16.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $883K · Expenses $637K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $16.6M
Net-asset ratio
Net assets $16.3M · Total assets $16.6M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $14.4M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $16.6M
87%
People & payroll
Highest Reported Total Compensation
Individual Andrew E Sama MD · Reported title DIR/CHAIRMAN/1ST VICE-PRES · Highest reported compensation $0 · Total expenses $637K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $74K · Total expenses $637K
12%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 32%
Fundraising cost ratio 44%
Revenue growth 132%
Investment management fee ratio 0.6%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 6 grants · $1.9M · 2019–2024
Unitemized GrantFY2024$278,731
Unitemized GrantFY2023$311,616
Unitemized GrantFY2022$255,650
Unitemized GrantFY2021$269,585
Unitemized GrantFY2020$352,456
Unitemized GrantFY2019$415,900

Similar Organizations

Closest in mission — by what they do
See all organizations like Physicians Home →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$3.5M revenue · ⤓ 990 PDF
FY2024$883K revenue · viewing · ⤓ 990 PDF
FY2023$380K revenue · ⤓ 990 PDF
FY2022$693K revenue · ⤓ 990 PDF
FY2021$1.4M revenue · ⤓ 990 PDF
FY2020$782K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.