Will-Grundy Medical Clinic Inc

Analysis

Will-Grundy Medical Clinic Inc is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in October 1993, 33 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, Will-Grundy Medical Clinic Inc reported income of $951k and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $419k to $951k (+127%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Will-Grundy Medical Clinic Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Hope Resource Center ($951k), Delaware Health Sciences Alliance LLC ($952k) and Bowie Crofton Pregnancy Center Inc ($951k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $102k (9.5% of expenses). Other salaries and wages came to $430k. At year end it held assets of $1.1m against liabilities of $72k, net assets of $1.0m. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.