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South Central Medical and Resource Center Inc

RegisteredEIN 20-3093304Lindsay, OKHealth and saving lives
Income$4.2m2023-12
Spending$4.6msame year
Spent / received101%5-year average
Size in its cause78th pctHealth and saving lives
Exempt since2006Hospital or medical research
Employees55latest return

Analysis

South Central Medical and Resource Center Inc is a registered charity in United States, based in Lindsay, OK. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, South Central Medical and Resource Center Inc reported income of $4.2m and spending of $4.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Central Medical and Resource Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OK. Charities of a similar size with the same main cause include Eastwood Assisted Living Inc ($4.2m), Nashville Wine Auction ($4.2m) and Snyder Nursing Home Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $1.1m (25% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.7m against liabilities of $1.4m, net assets of $1.3m. It reported 55 employees.

Income and spending

$0$1.2m$2.3m$3.5m$4.6m2019 Income: $2,719,5252019 Spending: $3,052,50720192020 Income: $4,401,1932020 Spending: $4,648,44320202021 Income: $4,640,1852021 Spending: $4,134,69720212022 Income: $4,551,9582022 Spending: $4,296,91820222023 Income: $4,214,0372023 Spending: $4,557,5232023
IncomeSpending

Where the income comes from

  • Contributions & grants 48%
  • Program services 52%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Eastwood Assisted Living IncRoanoke$4.2m
Nashville Wine AuctionNashville$4.2m
Snyder Nursing Home IncSalem$4.2m
Preterm Cleveland IncCleveland$4.2m