Three Peaks Medical Clinic Inc
Analysis
Three Peaks Medical Clinic Inc is a registered charity in United States, based in Warren, VT. It received its IRS tax-exemption ruling in August 2022, 4 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, Three Peaks Medical Clinic Inc reported income of $314k and spending of $102k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $326k to $314k (-3.6%), an average of -3.6% a year. Over the whole period it spent 37% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Three Peaks Medical Clinic Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 55th percentile within VT. Charities of a similar size with the same main cause include Friends of Evergreen Meadow Academy ($314k), Project Opioid Initiative Inc ($314k) and Matthew F Sullivan Hands for Hearts Inc ($314k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 20% of the total. Other salaries and wages came to $38k. At year end it held assets of $405k against liabilities of $583, net assets of $404k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Program services 20%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Evergreen Meadow Academy | Cochecton | $314k |
| Project Opioid Initiative Inc | Orlando | $314k |
| Matthew F Sullivan Hands for Hearts Inc | Greensboro | $314k |
| Kansas Pediatric Foundation | Shawnee | $315k |