Cottonwood Medical Clinic Inc

Analysis

Cottonwood Medical Clinic Inc is a registered charity in United States, based in West Jordan, UT. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cottonwood Medical Clinic Inc reported income of $556k and spending of $537k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $556k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 55%. 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, Cottonwood Medical Clinic Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within UT. Charities of a similar size with the same main cause include Foundation for Healthy Generations ($556k), Fifth District Drug Court Incorporated ($556k) and Genesis Sober Living Inc ($556k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $7,200 (1.3% of expenses). Other salaries and wages came to $341k. At year end it held assets of $108k against liabilities of $184k, net assets of -$76k. It reported 11 employees.