Imperial Valley Medical Clinic Inc
Analysis
Imperial Valley Medical Clinic Inc is a registered charity in United States, based in Calexico, CA. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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 June 2023, Imperial Valley Medical Clinic Inc reported income of $1.8m and spending of $2.3m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.8m (-8.8%), an average of -2.3% a year. Over the whole period it spent 109% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Imperial 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 86th percentile within CA. Charities of a similar size with the same main cause include Enterprise Valley Medical Clinic Inc ($1.8m), Legacy YMCA ($1.8m) and International F O P Association Inc ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $175k (7.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.3m against liabilities of $3,526, net assets of $1.3m. It reported 32 employees.
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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Enterprise Valley Medical Clinic Inc | Enterprise | $1.8m |
| Legacy YMCA | Bessemer | $1.8m |
| International F O P Association Inc | North Kansas City | $1.8m |
| Chaldean American Ladies of Charity | Troy | $1.8m |