The Lennard Clinic Inc

Analysis

The Lennard Clinic Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in October 1986, 40 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 2023, The Lennard Clinic Inc reported income of $5.4m and spending of $6.2m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.4m to $5.4m (-15%), an average of -3.9% a year. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Lennard Clinic Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include National Medical Fellowships Inc ($5.4m), Samaritan Hospital and the Eddy ($5.4m) and Northpointe Woods ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $403k (6.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.8m against liabilities of $2.7m, net assets of $1.2m. It reported 70 employees.