McCloud Healthcare Clinic Inc

Analysis

McCloud Healthcare Clinic Inc is a registered charity in United States, based in Mount Shasta, CA. It received its IRS tax-exemption ruling in November 2023, 3 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, McCloud Healthcare Clinic Inc reported income of $6.6m and spending of $6.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $6.6m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McCloud Healthcare Clinic Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Alliance for Community Transformations ($6.6m), Black Women for Wellness ($6.6m) and Temple Health System Transport Team Inc ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $368k (6.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $2.3m against liabilities of $1.8m, net assets of $477k. It reported 61 employees.