The Menninger Clinic Foundation

Analysis

The Menninger Clinic Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Menninger Clinic Foundation reported income of $5.3m and spending of $11.6m, spending 218% of what it took in. Across the 5 years on record, from June 2019 to December 2023, income fell from $5.9m to $5.3m (-9.3%), an average of -2.4% a year. The sharpest change came in the year to December 2023, when income rose by 1098%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Menninger Clinic Foundation 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 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include South Suburban Council on Alcoholism and Substance Abuse ($5.3m), Christian Outreach Center of Baton Rouge Inc ($5.3m) and Haven House ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $66.0m against liabilities of $1.4m, net assets of $64.5m.