Marillac Clinic Inc

Analysis

Marillac Clinic Inc is a registered charity in United States, based in Grand Junction, CO. It received its IRS tax-exemption ruling in November 2014, 12 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, Marillac Clinic Inc reported income of $13.4m and spending of $13.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.3m to $13.4m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marillac Clinic Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Association for Mentally Ill Children of Westchester Inc ($13.4m), Contexture ($13.4m) and Fidelity Resources Incorporated ($13.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $817k (6.0% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $12.5m against liabilities of $1.9m, net assets of $10.7m. It reported 126 employees.