Wolf Point Clinic Association Inc

Analysis

Wolf Point Clinic Association Inc is a registered charity in United States, based in Wolf Point, MT. It received its IRS tax-exemption ruling in March 1992, 34 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 June 2023, Wolf Point Clinic Association Inc reported income of $1.2m and spending of $2.5m, spending 200% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $1.2m (-52%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wolf Point Clinic Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within MT. Charities of a similar size with the same main cause include Merging Vets and Players Inc ($1.2m), Bow Collective ($1.2m) and Joe Goode Perfomance Group ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.9m against liabilities of $11.9m, net assets of -$8.9m. It reported 14 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.