The Monroe Clinic Inc

Analysis

The Monroe Clinic Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 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 Monroe Clinic Inc reported income of $219.5m and spending of $208.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $196.1m to $219.5m (+12%), an average of +2.9% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Monroe Clinic Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Marion General Hospital ($219.1m), Hazelden Betty Ford Foundation ($219.7m) and Baycare Home Care Inc ($218.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $4.0m (1.9% of expenses). Other salaries and wages came to $85.5m. At year end it held assets of $301.9m against liabilities of $41.5m, net assets of $260.4m. It reported 1,215 employees.