Taylors Free Medical Clinic Inc

Analysis

Taylors Free Medical Clinic Inc is a registered charity in United States, based in Taylors, SC. It received its IRS tax-exemption ruling in July 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 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, Taylors Free Medical Clinic Inc reported income of $3.3m and spending of $3.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.3m (+6.8%), an average of +1.7% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Taylors Free Medical Clinic Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include The Bancroft School ($3.3m), Palmer Continuum of Care Inc ($3.3m) and The Center for Black Womens Wellness CBWW Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $74k (2.4% of expenses). Other salaries and wages came to $329k. At year end it held assets of $752k against liabilities of $193k, net assets of $560k. It reported 12 employees.