Commonwealth Health Free Clinic Inc

Analysis

Commonwealth Health Free Clinic Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in October 2000, 26 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 March 2023, Commonwealth Health Free Clinic Inc reported income of $941k and spending of $906k, spending 96% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.3m to $941k (-25%), an average of -6.9% a year. The sharpest change came in the year to March 2022, when income dropped by 35%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Commonwealth Health Free Clinic Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Matthew Project Inc ($941k), Wills Eye Alumni Society ($941k) and Sebastianstrong Foundation ($940k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 92% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $145k (16% of expenses). At year end it held assets of $1.2m against liabilities of $84k, net assets of $1.1m.