Kings Physician Services PC
88% goes to programs $0 to raise $100 Thin reserves Growing revenue
Kings Physician Services PC is a 501(c)(3) organization based in Brooklyn, New York, registered in 2014, with $307,319,898 in FY2024 revenue. CharityIndex grades it B+, and it directs about 88% of spending to programs.
506 6th St, Brooklyn, NY, 11215 EIN 46-2333282 Since 2014
Revenue (FY2024)
$307.3M
▲ 7.1% vs prior year
Health median: $840K
Expenses (FY2024)
$307.3M
Net assets
$24.2M
Employees
525
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating88% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Kings Physician Services PC: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kings Physician Services PC: 1 mo reserves · +0% margin earns a C+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Kings Physician Services PC: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kings Physician Services PC: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide excellent medical health care services to patients without regard to age, sex, race, creed, national origin or disabilities.
Contact & location
- Address
- 506 6th St, Brooklyn, NY, 11215
- City
- Brooklyn
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $0 (FY2014) to $307.3M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $47.4MNet assets $24.2M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$71.6M
Total liabilities
$47.4M
Net assets
$24.2M
Salaries & benefits
$160.4M
52% of expenses
Board members
1
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $307,319,898▲7.1% | $307,319,898▲7.1% | $24,202,690 | $71,559,669▲6.7% | 990 |
| 2023 | $286,947,129▲10.1% | $286,947,129▲10.1% | $24,196,626▲0.8% | $67,085,963▼4.5% | 990 |
| 2022 | $260,613,986▲71.3% | $260,613,986▲16.9% | $23,998,115▼3.3% | $70,224,980▲47.7% | 990 |
| 2021 | $152,167,067▲79.6% | $222,913,007▲42.3% | $24,823,677▲118% | $47,541,580▼13.1% | 990 |
| 2020 | $84,746,362▲7.0% | $156,654,816▲16.7% | -$134,667,075▼115% | $54,714,344▲61.3% | 990 |
| 2019 | $79,237,302▲120% | $134,213,855▲131% | -$62,758,621▼706% | $33,930,028▲80.8% | 990 |
| 2018 | $35,988,161▲47.3% | $58,162,458▲428% | -$7,782,068▼154% | $18,769,596▲7.5% | 990 |
| 2017 | $24,436,782▲2035% | $11,021,713▲6474% | $14,392,229▲1373% | $17,455,737▲1425% | 990 |
| 2016 | $1,144,811 | $167,651 | $977,160 | $1,144,811 | 990 |
| 2014 | $0 | $0 | $0 | $0 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Hajir Dilmanian — $2,242,993 (0.73% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Hajir Dilmanian | Attending Physician | 37.5 | $2,242,993 |
| Constantine Gorelick | Medical Director | 37.5 | $2,087,871 |
| Bharath Reddy | Attending Physician | 37.5 | $2,086,265 |
| Yongxia Qu | Attending Physician | 37.5 | $1,972,478 |
| Terrence J Sacchi | Attending Physician | 37.5 | $1,953,694 |
| Steven Silber | President | 53.4 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Weill Cornell Medicine | Leased Physicians | $97,771,014 |
| Columbia University | Leased Physicians | $6,820,302 |
| Diagnostic Cardiology Associates PC | Medical Services | $1,884,013 |
| Vaya Workforce Solutions LLC | Temp Agency | $1,165,353 |
| Henningson Durham & Richardso | Architecture & Construction Services | $520,722 |
Grants received · $145.4M total
3 grants to Kings Physician Services PC totaling $145.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The New York and Presbyterian Hospital | Support | 2024 | $60,361,836 |
| The New York and Presbyterian Hospital | Support | 2023 | $57,857,124 |
| The New York and Presbyterian Hospital | Support | 2022 | $27,134,286 |
Grants made · $6.7M in FY2022
1 grant totaling $6.7M in FY2022. All grants made by Kings Physician Services PC →
| Recipient | Purpose | Amount |
|---|---|---|
| Newyork-presbyterianbrooklyn Methodist | Support | $6,731,602 |
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Frequently asked questions
- Is Kings Physician Services PC a legitimate nonprofit?
- Yes. Kings Physician Services PC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-2333282, based in Brooklyn, New York. Donations are tax-deductible.
- What is Kings Physician Services PC's EIN?
- Kings Physician Services PC's Employer Identification Number (EIN) is 46-2333282.
- How much revenue does Kings Physician Services PC report?
- Kings Physician Services PC reported $307,319,898 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Kings Physician Services PC's spending goes to programs?
- Kings Physician Services PC spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kings Physician Services PC have?
- CharityIndex grades Kings Physician Services PC B+, based on program efficiency and fundraising cost.
- How much does Kings Physician Services PC's highest-paid employee make?
- The highest reported compensation on Kings Physician Services PC's latest Form 990 is $2,242,993, paid to Hajir Dilmanian (Attending Physician).
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Data for Kings Physician Services PC (EIN 46-2333282) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.