Holy Family Medical Inc
Analysis
Holy Family Medical Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in November 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 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, Holy Family Medical Inc reported income of $2.8m and spending of $2.7m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.4m to $2.8m (+92%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 92% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holy Family Medical Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within KS. Charities of a similar size with the same main cause include Friends of the Los Angeles Free Clinic ($2.8m), Area IV Mental Health Services Coalition ($2.8m) and Mountain Hope Good Shepherd Clinic Inc ($2.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $380k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.4m against liabilities of $1.6m, net assets of $746k. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.2%
- Program services 96%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of the Los Angeles Free Clinic | Los Angeles | $2.8m |
| Area IV Mental Health Services Coalition | Lewiston | $2.8m |
| Mountain Hope Good Shepherd Clinic Inc | Sevierville | $2.8m |
| Palomar Health Foundation | Escondido | $2.8m |