Point Washington Medical Clinic Inc

Analysis

Point Washington Medical Clinic Inc is a registered charity in United States, based in Santa Rsa BCH, FL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover health care, 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 2023, Point Washington Medical Clinic Inc reported income of $1.2m and spending of $566k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $1.2m (+278%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 258%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Point Washington Medical Clinic Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Post-Garza Co Ems ($1.2m), Prostate Cancer Education Council ($1.2m) and Trinity Health Foundation of East Tennessee ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 2.1% of the total. Other salaries and wages came to $103k. At year end it held assets of $3.4m against liabilities of $87k, net assets of $3.3m. It reported 5 employees.