Free Clinic of Franklin County Inc

Analysis

Free Clinic of Franklin County Inc is a registered charity in United States, based in Rocky Mount, VA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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 August 2023, Free Clinic of Franklin County Inc reported income of $499k and spending of $525k, spending 105% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $422k to $499k (+18%), an average of +4.3% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Free Clinic of Franklin County 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 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Auburn Youth & Family Services Inc ($499k), Carleton Non-Profit Housing Corporation ($499k) and Cranford Housing Board Inc ($499k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Other salaries and wages came to $310k. At year end it held assets of $1.3m against liabilities of $7,985, net assets of $1.3m. It reported 12 employees.