Madison Free Clinic Inc
Analysis
Madison Free Clinic Inc is a registered charity in United States, based in Madison, VA. It received its IRS tax-exemption ruling in July 1999, 27 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 June 2023, Madison Free Clinic Inc reported income of $319k and spending of $263k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $226k to $319k (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 154%. Over the whole period it spent 81% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Madison Free Clinic Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Carolina-Honduras Health Foundation ($319k), November Project Inc ($319k) and Aeroangel Incorporated ($319k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $105k. At year end it held assets of $425k against liabilities of $0, net assets of $425k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carolina-Honduras Health Foundation | Winston Salem | $319k |
| November Project Inc | Boston | $319k |
| Aeroangel Incorporated | Englewood | $319k |
| Center for New Beginnings | Littleton | $320k |