Gooselake Medical Services Inc

Analysis

Gooselake Medical Services Inc is a registered charity in United States, based in Lakeview, OR. It received its IRS tax-exemption ruling in December 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gooselake Medical Services Inc reported income of $5.4m and spending of $5.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $5.4m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gooselake Medical Services 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 OR. Charities of a similar size with the same main cause include Maumee Valley Guidance Center Inc ($5.4m), National Womens Health Network Inc ($5.4m) and West End Family Counseling Service ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 61% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.