Friends of Malibu Urgent Care Center

Analysis

Friends of Malibu Urgent Care Center is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in April 2002, 24 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 July 2023, Friends of Malibu Urgent Care Center reported income of $219k and spending of $391k, spending 178% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $449k to $219k (-51%), an average of -21% a year. The sharpest change came in the year to July 2023, when income dropped by 50%. Over the whole period it spent 119% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Malibu Urgent Care Center sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Medical Aid to Haiti Inc ($219k), Auxiliary of San Juan Regional Medical Center Inc ($219k) and The Magic Yarn Project ($219k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.