Caring Hearts Free Clinic of Patrick County Inc

Analysis

Caring Hearts Free Clinic of Patrick County Inc is a registered charity in United States, based in Stuart, VA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Caring Hearts Free Clinic of Patrick County Inc reported income of $257k and spending of $174k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $263k to $257k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caring Hearts Free Clinic of Patrick County Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Aabc Foundation Inc ($257k), Down for Dance ($257k) and Pregnancy Care Center of MHC ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (25% of expenses). Other salaries and wages came to $53k. At year end it held assets of $769k against liabilities of $4,244, net assets of $764k. It reported 6 employees.