Volunteers in Medicine Clinic Inc

Analysis

Volunteers in Medicine Clinic Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Volunteers in Medicine Clinic Inc reported income of $10.2m and spending of $10.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.2m to $10.2m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Volunteers in Medicine Clinic Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Laurel Hill Center ($10.2m), Office of Mental Health Core Service Agency of Hartford Co Inc ($10.2m) and Hereditary Angioedema Association Inc ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $427k (4.2% of expenses). Other salaries and wages came to $376k. At year end it held assets of $257k against liabilities of $13k, net assets of $244k. It reported 15 employees.