Precision Valley Free Clinic Inc

Analysis

Precision Valley Free Clinic Inc is a registered charity in United States, based in Springfield, VT. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Precision Valley Free Clinic Inc reported income of $334k and spending of $326k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $334k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Precision Valley Free Clinic Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 56th percentile within VT. Charities of a similar size with the same main cause include Addison Gilbert Society Inc ($334k), Welcoming Light Inc ($334k) and Dade County Street Response ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $225k. At year end it held assets of $470k against liabilities of $30k, net assets of $441k. It reported 6 employees.