EHealth CareEIN: 510468874· Ruling Year: 2004

Matthews Free Medical Clinic

Matthews, North Carolina

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.35×
Peer Median29.34×
💰
$1.9M
Total Revenue
📊
$1.9M
Total Expenses
🏦
$667K
Net Assets
📋
$19K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.9%
Year-over-year change (2022 → 2023)
Net Margin
+2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.35
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,946,89528%$1,894,13724%$685,9328%
2022$1,522,1555%$1,523,08311%$634,9172%
2021$1,455,1187%$1,373,004$649,1356%
2020$1,364,6004%$1,367,5667%$609,54211%
2019$1,308,1357%$1,280,3262%$550,9536%
2018$1,226,64622%$1,259,87719%$521,06212%
2017$1,580,39627%$1,562,62223%$589,29310%
2016$1,247,87222%$1,270,87425%$533,7844%
2015$1,024,34412%$1,020,2375%$557,618
2014$915,16415%$976,2758%$554,9819%
2013$1,076,0551%$1,058,15218%$612,0673%
2012$1,064,34118%$895,892$593,85440%
2011$905,440$895,770$425,429

Frequently Asked Questions

What does Matthews Free Medical Clinic do?

Matthews Free Medical Clinic is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Matthews Free Medical Clinic financially healthy?

Based on our 9-metric Financial Health Score model, Matthews Free Medical Clinic has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Matthews Free Medical Clinic generate?

Matthews Free Medical Clinic reports $2.4M in annual revenue and holds $715K in total assets, based on IRS filings.

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