Knapp Medical Group

Analysis

Knapp Medical Group is a registered charity in United States, based in Weslaco, TX. It received its IRS tax-exemption ruling in April 2011, 15 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, Knapp Medical Group reported income of $332k and spending of $1.1m, spending 322% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $332k (-69%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 188% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Knapp Medical Group sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Recovery Resource Center Inc ($332k), The Core Center ($332k) and Louisiana Cancer Foundation for Research and Education Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $352k. At year end it held assets of $487k against liabilities of $15.7m, net assets of -$15.2m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.