Physician Health Services Inc is a 501(c)(3) organization based in Waltham, Massachusetts, registered in 1993, with $1,963,844 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.0M
▲ 23.6% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$2.0M
Net assets
$3.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Physician Health Services Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Physician Health Services Inc: 19 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Physician Health Services Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Physician Health Services Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.8M (FY2016) to $2.0M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-0.2%
Spent more than it raised in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$153K
Net assets
$3.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,963,844▲23.6% | $1,966,848▲5.0% | $3,154,583▲0.2% | $3,308,026 | 990 |
| 2023 | $1,588,371▼15.2% | $1,873,493▼2.0% | $3,149,424▼2.2% | $3,307,633▼1.7% | 990 |
| 2022 | $1,873,679▼4.7% | $1,912,103▼2.8% | $3,219,106▼6.2% | $3,364,760▼5.8% | 990 |
| 2021 | $1,966,665▲0.2% | $1,967,343▲12.3% | $3,430,563▼5.9% | $3,570,962▼12.3% | 990 |
| 2020 | $1,963,694▲4.4% | $1,751,424▼6.6% | $3,646,857▲24.0% | $4,069,590▲19.5% | 990 |
| 2019 | $1,880,336▼0.6% | $1,874,431▲6.2% | $2,940,644▲3.5% | $3,406,761▲11.6% | 990 |
| 2018 | $1,891,881▼0.3% | $1,764,239▼2.5% | $2,841,455▲1.4% | $3,053,569▲1.2% | 990 |
| 2017 | $1,897,757▲5.9% | $1,809,756▲5.2% | $2,803,295▲6.5% | $3,016,787▲6.4% | 990 |
| 2016 | $1,791,479 | $1,721,046 | $2,631,291 | $2,835,004 | 990 |
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.
43 grants to Physician Health Services Inc totaling $6.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Massachusetts Medical Society | Physician outreach services | 2024 | $408,000 |
| Massachusetts Medical Society | Physician outreach services | 2023 | $409,000 |
| Lahey Clinic Hospital Inc | Care access and/or to address other identified community health needs | 2023 | $30,000 |
| Harvard Medical Faculty Phys At Beth Israel Deaconess Med Ctr Inc | General support | 2023 | $20,000 |
| Umass Memorial Health Care Inc | 5. support for caring for physicians health campaign. physician health, inc. is to provide confidential consultation and support to physicians, residents, and medical students- malpractice captive's portion of the aggregate contribution. | 2023 | $17,500 |
| Cape Cod Healthcare Inc | Contribution | 2023 | $10,000 |
| Mass General Brigham Incorporated and Affiliates Group Rtn | Community benefit program | 2023 | $7,100 |
| Massachusetts Medical Society | Physician outreach services | 2022 | $458,000 |
| Umass Memorial Health Care Inc | 4. support for caring for physicians health campaign. physician health, inc. is to provide confidential consultation and support to physicians, residents, and medical students- malpractice captive's portion of the aggregate contribution. | 2022 | $27,500 |
| Harvard Medical Faculty Phys At Beth Israel Deaconess Med Ctr Inc | General support | 2022 | $20,000 |
| Cape Cod Healthcare Inc | Contribution | 2022 | $10,000 |
| Mass General Brigham Incorporated and Affiliates Group Rtn | Community benefit program | 2022 | $7,100 |
| Donor Advised Charitable Giving | Health | 2022 | $6,000 |
| Massachusetts Medical Society | Physician outreach services | 2021 | $533,000 |
| Umass Memorial Health Care Inc | 4. support for caring for physicians health campaign. physician health, inc. is to provide confidential consultation and support to physicians, residents, and medical students- malpractice captive's portion of the aggregate contribution. | 2021 | $27,500 |
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Data for Physician Health Services Inc (EIN 22-3234975) 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.