Flex 4 Medical Center Corp

Analysis

Flex 4 Medical Center Corp is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in September 2020, 6 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, Flex 4 Medical Center Corp reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.1m to $1.8m (+57%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Flex 4 Medical Center Corp sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Autism Research Institute ($1.8m), Private Duty Services Inc ($1.8m) and Karis Community Health ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $58k (3.5% of expenses). Other salaries and wages came to $268k. At year end it held assets of $556k against liabilities of $414k, net assets of $142k. It reported 6 employees.