Boca Grande Health Clinic

Analysis

Boca Grande Health Clinic is a registered charity in United States, based in Boca Grande, FL. It received its IRS tax-exemption ruling in October 1951, 75 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 September 2023, Boca Grande Health Clinic reported income of $4.2m and spending of $3.6m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.6m to $4.2m (+61%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boca Grande Health Clinic sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Heartland Head Start Inc ($4.2m), South Jersey Against AIDS Inc Dba South Jersey AIDS Alliance ($4.2m) and Usc Verdugo Hills Hospital Foundation ($4.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $854k (23% of expenses). Other salaries and wages came to $858k. At year end it held assets of $4.0m against liabilities of $2.2m, net assets of $1.8m. It reported 13 employees.