Covid Clinic Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 86,902,367 | 46,461,032 | 40,441,335 | 10.4 | 14% |
| 2021 | 198,823,036 | 201,080,929 | −2,257,893 | 2.2 | 24% |
| 2022 | 123,914,289 | 146,963,891 | −23,049,602 | 0.9 | 37% |
| 2023 | 269,068 | 14,096,791 | −13,827,723 | -2.5 | 15% |
In its most recent public year (2023), this organization spent $13,827,723 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), down from 10.4 in 2020. Staff pay was 15% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Covid Clinic Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works