Grace Clinic

Analysis

Grace Clinic is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in December 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grace Clinic reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $587k to $1.0m (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Clinic sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Mount Sinai Medical Center Inc ($1.0m), International Society for Urban Health ($1.0m) and Trillium Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Other salaries and wages came to $655k. At year end it held assets of $606k against liabilities of $7,440, net assets of $599k. It reported 15 employees.