McGregor Clinic Inc

Analysis

McGregor Clinic Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in August 1999, 27 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 June 2023, McGregor Clinic Inc reported income of $19.4m and spending of $19.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.0m to $19.4m (+62%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McGregor Clinic Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Alliance Health of Brockton Inc ($19.4m), Gateway Foundation-Texas Gateway Foundation Inc ($19.4m) and Planned Parenthood Association of Metropolitan Washington D C Inc ($19.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $272k (1.4% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.7m against liabilities of $1.5m, net assets of $4.2m. It reported 67 employees.