The Broad Street Clinic Foundation

Analysis

The Broad Street Clinic Foundation is a registered charity in United States, based in Morehead City, NC. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Broad Street Clinic Foundation reported income of $6.2m and spending of $5.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $6.2m (+5.1%), an average of +1.3% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Broad Street Clinic Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Northwest Youth Service ($6.2m), Futures Unlimited Inc ($6.2m) and Buist Community Assistance Center ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $233k. At year end it held assets of $1.4m against liabilities of $4,320, net assets of $1.4m. It reported 19 employees.