Enterprise Valley Medical Clinic Inc

Analysis

Enterprise Valley Medical Clinic Inc is a registered charity in United States, based in Enterprise, UT. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 March 2024, Enterprise Valley Medical Clinic Inc reported income of $1.8m and spending of $2.0m, spending 108% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $1.8m to $1.8m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to March 2021, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Enterprise Valley Medical Clinic Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within UT. Charities of a similar size with the same main cause include International F O P Association Inc ($1.8m), Imperial Valley Medical Clinic Inc ($1.8m) and North Memorial Foundation ($1.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 62% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $132k (6.7% of expenses). Other salaries and wages came to $766k. At year end it held assets of $4.8m against liabilities of $59k, net assets of $4.8m. It reported 17 employees.