Fountain Clinic

Analysis

Fountain Clinic is a registered charity in United States, based in Marshall, MI. It received its IRS tax-exemption ruling in June 1999, 27 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, Fountain Clinic reported income of $778k and spending of $868k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $783k to $778k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, Fountain Clinic sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Cooperative Christian Ministries and Clinic ($778k), Havre de Grace Ambulance Corps Inc ($778k) and CMC Missoula Inc ($778k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $60k (6.9% of expenses). Other salaries and wages came to $258k. At year end it held assets of $1.2m against liabilities of $47k, net assets of $1.1m. It reported 8 employees.