Honey Lake Clinic Inc

Analysis

Honey Lake Clinic Inc is a registered charity in United States, based in Greenville, FL. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2022, Honey Lake Clinic Inc reported income of $15.6m and spending of $15.3m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $11.7m to $15.6m (+34%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Honey Lake Clinic Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Planned Parenthood Keystone ($15.6m), Dialysis Center of Lincoln Inc ($15.6m) and St Andrews Hospital ($15.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $14.4m against liabilities of $10.7m, net assets of $3.7m. It reported 270 employees.