Matthews Free Medical Clinic

Analysis

Matthews Free Medical Clinic is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in January 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Matthews Free Medical Clinic reported income of $1.9m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Matthews Free Medical Clinic sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Harwood House ($1.9m), Healing to You ($1.9m) and The Eden Alternative Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $518k. At year end it held assets of $686k against liabilities of $19k, net assets of $667k. It reported 17 employees.