Health Care
(E32)
IRS Verified
DX Registered
990 on File
COMMONGOOD MEDICAL
Financial strength (30%)
78/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Hope Clinic partners with both volunteers and patients, regardless of sex, religion, race, color, or national origin, through sharing the love of Jesus Christ to provide quality, compassionate healthcare and resources to our medically underserved neighbors. Hope Clinic is staffed by licensed, volunteer doctors and nurses providing comprehensive health care services to uninsured McKinney families.
Financial Overview — FY 2023
$1.3M
Total Revenue
$1.4M
Total Expenses
$1.1M
Net Assets
16
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.0%
Fundraising Efficiency
N/A
Operating Reserve
9.23x
Liability-to-Asset
0.6%
Revenue Diversification
98.3%
Compared with Peers
FY 2023
Compared with 4,424 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.0% | 85.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.7% | 11.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.2 mo | 9.7 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.6% | 14.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.3% | 91.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-13.8% | 5.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.4% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-11.2% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.3M | $1.4M | $1.1M | 84.0% | 16 |
| 2022 | $1.5M | $1.4M | $1.2M | 87.4% | 13 |
| 2021 | $3.9M | $1.5M | N/A | — | 9 |
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