Pioneer Medical Group Clinic Foundation Inc

Analysis

Pioneer Medical Group Clinic Foundation Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Pioneer Medical Group Clinic Foundation Inc reported income of $300k and spending of $368k, spending 123% of what it took in. Across the 5 years on record, from March 2018 to March 2023, income grew from $39k to $300k (+672%), an average of +67% a year. The sharpest change came in the year to March 2022, when income dropped by 100%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pioneer Medical Group Clinic Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include St Petersburg Pregnancy Center Inc ($300k), Covid Safe at Home Inc ($300k) and Courageous Steps Project ($300k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $243k. At year end it held assets of $99k against liabilities of $0, net assets of $99k. It reported 6 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.