Rice Memorial Clinic Foundation

Analysis

Rice Memorial Clinic Foundation is a registered charity in United States, based in Hancock, MI. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rice Memorial Clinic Foundation reported income of $171k and spending of $123k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $171k (-16%), an average of -4.1% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rice Memorial Clinic Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include North Carolina Rare Disease Innovations Institute Inc ($171k), Broward County Intergroup Inc ($171k) and Stuck Community Acupuncture Inc ($171k).

At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.