Ferncare Free Clinic Inc

Analysis

Ferncare Free Clinic Inc is a registered charity in United States, based in Ferndale, MI. It received its IRS tax-exemption ruling in May 2022, 4 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, Ferncare Free Clinic Inc reported income of $148k and spending of $185k, spending 125% of what it took in. Across the 2 years on record, from June 2022 to December 2023, income fell from $178k to $148k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ferncare Free Clinic Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Phoenix Place Inc ($148k), New England Neurosurgical Society ($148k) and The Pilot House Foundation Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $86k against liabilities of $20k, net assets of $66k.