Presbyterian Medical Care Mission

Analysis

Presbyterian Medical Care Mission is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in January 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Presbyterian Medical Care Mission reported income of $938k and spending of $959k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $7.0m to $938k (-87%), an average of -39% a year. The sharpest change came in the year to September 2020, when income dropped by 82%. 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, Presbyterian Medical Care Mission sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include St Pauls Gardens Housing Developement Fund Company Inc ($938k), MSW Projects of Henry Illinois ($938k) and Carden of Tucson ($938k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Other salaries and wages came to $416k. At year end it held assets of $1.6m against liabilities of $14k, net assets of $1.6m. It reported 12 employees.