We Health Clinic P a

Analysis

We Health Clinic P a is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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, We Health Clinic P a reported income of $1.2m and spending of $744k, leaving 38% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $634k to $1.2m (+89%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, We Health Clinic P a sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Union City Rescare ($1.2m), The Conservative Caucus Foundation ($1.2m) and Psi Iota XI ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $364k. At year end it held assets of $1.5m against liabilities of $31k, net assets of $1.5m. It reported 23 employees.