Grayson County Health Clinic

Analysis

Grayson County Health Clinic is a registered charity in United States, based in Sherman, TX. It received its IRS tax-exemption ruling in February 2024, 2 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 September 2023, Grayson County Health Clinic reported income of $5.2m and spending of $3.6m, leaving 31% of income unspent that year. Across the 4 years on record, from September 2018 to September 2023, income fell from $12.3m to $5.2m (-58%), an average of -25% a year. The sharpest change came in the year to September 2022, when income rose by 358%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grayson County Health Clinic sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include North Shore-Lij Internal Medicine at Lynbrook PC ($5.2m), Shirkey Diversified Health Services Inc ($5.2m) and Mansfield Memorial Homes Inc ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $565k. At year end it held assets of $8.9m against liabilities of $179, net assets of $8.9m. It reported 15 employees.