Fort Sanders Perinatal Center

Analysis

Fort Sanders Perinatal Center is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 2007, 19 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Sanders Perinatal Center reported income of $30.1m and spending of $28.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.5m to $30.1m (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Sanders Perinatal Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Commonbond Communities ($30.1m), Eder Financial Inc ($30.1m) and Wesleyan Homes Inc ($30.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 94% of the total. Other salaries and wages came to $20.4m. At year end it held assets of $10.9m against liabilities of $16.0m, net assets of -$5.0m. It reported 216 employees.