Porter Medical Center Inc

Analysis

Porter Medical Center Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in March 1989, 37 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 September 2023, Porter Medical Center Inc reported income of $5.1m and spending of $4.6m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.6m to $5.1m (-8.5%), an average of -2.2% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Porter Medical Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VT. Charities of a similar size with the same main cause include Riverside University Health System Foundation ($5.1m), Hemophilia Federation of America Inc ($5.1m) and International Ocd Foundation Inc ($5.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $793k (17% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $5.8m against liabilities of $455k, net assets of $5.3m. It reported 29 employees.