Lifeclinic Community Resources

Analysis

Lifeclinic Community Resources is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in September 1987, 39 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, Lifeclinic Community Resources reported income of $952k and spending of $1.1m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $563k to $952k (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifeclinic Community Resources 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 79th percentile within MI. Charities of a similar size with the same main cause include Delaware Health Sciences Alliance LLC ($952k), Southwest Chemical Dependency ($952k) and Will-Grundy Medical Clinic Inc ($951k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $131k (12% of expenses). Other salaries and wages came to $360k. At year end it held assets of $1.3m against liabilities of $160k, net assets of $1.2m. It reported 23 employees.