Mathiesen Memorial Health Clinic

Analysis

Mathiesen Memorial Health Clinic is a registered charity in United States, based in Jamestown, CA. It received its IRS tax-exemption ruling in November 2010, 16 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, Mathiesen Memorial Health Clinic reported income of $12.7m and spending of $10.6m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $12.7m (+269%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mathiesen Memorial Health Clinic sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Community Living and Support Services Inc ($12.7m), Florida Association of Free and Charitable Clinics Inc ($12.7m) and United States Catholic Conference ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $836k (7.9% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $9.3m against liabilities of $697k, net assets of $8.6m. It reported 93 employees.