Riverside Family Clinic

Analysis

Riverside Family Clinic is a registered charity in United States, based in Poplar, MT. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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 June 2023, Riverside Family Clinic reported income of $780k and spending of $1.7m, spending 218% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $780k (-59%), an average of -20% a year. The sharpest change came in the year to June 2020, when income dropped by 58%. Over the whole period it spent 154% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverside Family Clinic sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within MT. Charities of a similar size with the same main cause include U L C Inc ($780k), United Way of Grayson County Inc ($780k) and Unconstrained Analytics Inc ($780k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $903k. At year end it held assets of $208k against liabilities of $5.6m, net assets of -$5.4m. 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.