Cookeville Regional Medical Center Foundation

Analysis

Cookeville Regional Medical Center Foundation is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cookeville Regional Medical Center Foundation reported income of $1.0m and spending of $868k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.0m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cookeville Regional Medical Center Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Main Line Affiliates ($1.0m), National Academy of Social Insurance ($1.0m) and American Association of Christian Counselors Foundation Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $4.3m against liabilities of $30k, net assets of $4.3m. It reported 3 employees.