Free Clinic of Central Va Inc

Analysis

Free Clinic of Central Va Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in October 1987, 39 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 June 2023, Free Clinic of Central Va Inc reported income of $1.5m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2020, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Free Clinic of Central Va Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Mountain Counseling and Training Inc ($1.5m), Friendship House Inc ($1.5m) and Jackson Township First Aid Squad Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $70k (4.9% of expenses). Other salaries and wages came to $691k. At year end it held assets of $1.9m against liabilities of $92k, net assets of $1.8m. It reported 19 employees.