Douglas a Thom Clinic Inc

Analysis

Douglas a Thom Clinic Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in October 1939, 87 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2024, Douglas a Thom Clinic Inc reported income of $39.6m and spending of $39.5m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2024, income fell from $47.9m to $39.6m (-17%), an average of -6.2% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Douglas a Thom Clinic Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Carroll County Memorial Hospital ($39.6m), South Central Family Health Center ($39.6m) and Greater Cincinnati Behavioral Health Services ($39.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $526k (1.3% of expenses). Other salaries and wages came to $27.7m. At year end it held assets of $27.2m against liabilities of $11.9m, net assets of $15.3m. It reported 703 employees.