The Menninger Clinic

Analysis

The Menninger Clinic is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 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 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, The Menninger Clinic reported income of $69.4m and spending of $71.9m, spending 104% of its income. Across the 5 years on record, from June 2019 to December 2023, income grew from $61.6m to $69.4m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Menninger Clinic sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Stoughton Hospital Association ($69.3m), Joint Restoration Foundation Inc ($69.4m) and Valley Health Systems Inc ($69.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1.7m (2.3% of expenses). Other salaries and wages came to $31.1m. At year end it held assets of $75.4m against liabilities of $31.1m, net assets of $44.3m. It reported 617 employees.