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Primary Care Development Corporation

EIN 13-3711803 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PRIMARY CARE DEVELOPMENT CORPORATION (PCDC) SUPPORTS ACCESS TO HIGH-QUALITY PRIMARY CARE NATIONWIDE TO IMPROVE HEALTH OUTCOMES. PCDC WORKS WITH PRIMARY CARE PROVIDERS AND COMMUNITIES THROUGH CAPITAL FINANCING, CAPACITY-BUILDING SERVICES, AND POLICY ANALYSIS AND ADVOCACY TO EXPAND PRIMARY CARE CAPACITY AND STRENGTHEN CARE DELIVERY NATIONWIDE.

Income
$28.3 million
Spending
$12.7 million
Spent on programs
75%
Reserves
70.2 months of spending
Largest source of income
donations and private grants, 57%
Employees
60
Volunteers
21
Highest pay
$423,890, ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 76% of charities in its peer group (health care, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 70.2 months of spending.

  • Debt

    5 of 20

    It owes 56% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 55% of income.

  • Income trend

    15 of 15

    Income rose 115% on the year before.

  • Spending floor

    15 of 15

    75% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 52% of charities in its peer group (health care, $10m to $100m).

  • Independent board

    25 of 25

    21 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $5.1 million spent. CAPITAL INVESTMENT: PCDC PROVIDES FLEXIBLE FINANCING AND TECHNICAL EXPERTISE TO SUPPORT THE DEVELOPMENT AND MODERNIZATION OF COMMUNITY-BASED PRIMARY CARE FACILITIES, WITH A FOCUS ON COMMUNITIES WITH LIMITED ACCESS TO SERVICES. TO DATE, PCDC HAS FINANCED AROUND 260 PROJECTS TOTALING NEARLY $1.8 BILLION, SUPPORTING CAPACITY FOR APPROXIMATELY 5.3 MILLION MEDICAL VISITS ANNUALLY SERVING MORE THAN 1.5 MILLION PATIENTS NATIONWIDE. PCDC HAS EXPERIENCED NO LOAN LOSSES AND HOLDS AN AERIS AA+ FINANCIAL STRENGTH RATING AND A FOUR-STAR IMPACT MANAGEMENT RATING.
  2. $2.8 million spent. CONSULTING & TRAINING: PCDC PROVIDES CONSULTING, TRAINING, AND TECHNICAL ASSISTANCE TO STRENGTHEN PRIMARY CARE DELIVERY, OPERATIONS, AND FINANCIAL MANAGEMENT. PCDC HAS SUPPORTED MORE THAN 4,800 PRIMARY CARE ORGANIZATIONS NATIONWIDE, INCLUDING ASSISTANCE TO OVER 1,400 SITES IN ACHIEVING PATIENT-CENTERED MEDICAL HOME RECOGNITION. IN RESPONSE TO THE NEEDS OF EXISTING PRACTICES AND HEALTH CENTERS, PCDC EXPANDED FINANCIAL MANAGEMENT AND LITERACY SERVICES TO STRENGTHEN UNDERSTANDING OF ORGANIZATIONAL FINANCIAL OPERATIONS. PCDC ALSO EXPANDED CALIFORNIA-BASED CONSULTING SERVICES THROUGH STATE-FUNDED TECHNICAL ASSISTANCE, SUPPORTING PROVIDER PARTICIPATION IN STATEWIDE PAYMENT REFORM INITIATIVES.
  3. $1.6 million spent. POLICY, COMMUNICATIONS, RESEARCH & EVALUATION: PCDC CONDUCTS POLICY ANALYSIS, RESEARCH, AND STAKEHOLDER ENGAGEMENT TO INFORM DECISION-MAKING AND IMPROVE PRIMARY CARE ACCESS AND SYSTEM PERFORMANCE, ESPECIALLY IN AREAS AND COMMUNITIES WITH LIMITED ACCESS TO SERVICES. THROUGH ORIGINAL RESEARCH, DATA TOOLS, AND THOUGHT LEADERSHIP, PCDC HELPS POLICYMAKERS, FUNDERS, AND HEALTH CARE LEADERS BETTER UNDERSTAND WHERE PRIMARY CARE GAPS EXIST AND HOW RESOURCES CAN BE USED MORE EFFECTIVELY. PCDC'S WORK ELEVATES EVIDENCE-BASED SOLUTIONS, STRENGTHENS ACCOUNTABILITY, AND SUPPORTS SUSTAINABLE INVESTMENTS IN PRIMARY CARE NATIONWIDE.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1993.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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