Endowment Fund of Memorial Guidance Clinic Incorporated

Analysis

Endowment Fund of Memorial Guidance Clinic Incorporated is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 1952, 74 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Endowment Fund of Memorial Guidance Clinic Incorporated reported income of $237k and spending of $370k, spending 156% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $221k to $237k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 331%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Endowment Fund of Memorial Guidance Clinic Incorporated sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Bridle Paths ($237k), Cozad Hospital Foundation ($237k) and Beauty Foundation for Womens Cancer Care ($237k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $7.2m against liabilities of $199k, net assets of $7.0m.