Friendship Medical Clinic Inc

Analysis

Friendship Medical Clinic Inc is a registered charity in United States, based in Conway, SC. It received its IRS tax-exemption ruling in November 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friendship Medical Clinic Inc reported income of $4.2m and spending of $4.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $4.2m (+92%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friendship Medical Clinic Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include University Community Hospital Foundation Inc ($4.2m), Medical Services of Lynbrook PC ($4.2m) and Integrated Community Living and Participation Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Other salaries and wages came to $502k. At year end it held assets of $249k against liabilities of $0, net assets of $249k. It reported 4 employees.