Lubbock Childrens Health Clinic

Analysis

Lubbock Childrens Health Clinic is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in November 1970, 56 years ago. 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, Lubbock Childrens Health Clinic reported income of $2.8m and spending of $2.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.8m (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lubbock Childrens Health Clinic 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 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Licking County Humane Society ($2.8m), Womens Community Inc of Wausau ($2.8m) and Devou Properties Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 75% of the total. Other salaries and wages came to $747k. At year end it held assets of $3.8m against liabilities of $57k, net assets of $3.8m. It reported 18 employees.