Rosalind Franklin University Health Clinics

Analysis

Rosalind Franklin University Health Clinics is a registered charity in United States, based in North Chicago, IL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rosalind Franklin University Health Clinics reported income of $3.6m and spending of $6.2m, spending 169% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $3.6m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 172% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rosalind Franklin University Health Clinics 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 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Panhandle AIDS Support Organization Inc ($3.6m), Sara Ann Hester Memorial Home ($3.6m) and The Neighborhood Christian Clinic Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $287k (4.7% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $1.2m against liabilities of $33.3m, net assets of -$32.1m. It reported 73 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.