Baptist Medical Clinic of Galax Inc

Analysis

Baptist Medical Clinic of Galax Inc is a registered charity in United States, based in Galax, VA. It received its IRS tax-exemption ruling in October 1992, 34 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, Baptist Medical Clinic of Galax Inc reported income of $271k and spending of $203k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $256k to $271k (+5.9%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baptist Medical Clinic of Galax Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Maasha Trust ($271k), American Friends of the Blind in Greece ($271k) and Brighton First Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $104k. At year end it held assets of $301k against liabilities of $94k, net assets of $206k. It reported 7 employees.