Joslin Clinic Inc

Analysis

Joslin Clinic Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Joslin Clinic Inc reported income of $25.1m and spending of $25.1m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $30.0m to $25.1m (-16%), an average of -4.3% a year. The sharpest change came in the year to September 2023, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joslin Clinic Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Neighborhood Health Clinics Inc ($25.1m), Peoples Community Health Clinic Inc ($25.1m) and Dyouville Senior Care Inc ($25.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of $0.