Third Street Community Clinic Inc

Analysis

Third Street Community Clinic Inc is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Third Street Community Clinic Inc reported income of $22.4m and spending of $25.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.4m to $22.4m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Third Street Community Clinic Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Alabama Goodwill Industries Inc ($22.4m), Adjoin ($22.4m) and Nutritional Development Services ($22.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.6m (6.3% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $18.4m against liabilities of $6.5m, net assets of $11.8m. It reported 296 employees.