Brownsville Medical Center Inc

Analysis

Brownsville Medical Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2013, 13 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 2022, Brownsville Medical Center Inc reported income of $5.3m and spending of $5.2m, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $498k to $5.3m (+966%), an average of +120% a year. The sharpest change came in the year to December 2020, when income rose by 648%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brownsville Medical Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Alzheimers Family Caregiver Support Center Inc ($5.3m), McLaren Northern Michigan Foundatio N ($5.3m) and Urban Health Solutions Inc ($5.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $72k (1.4% of expenses). Other salaries and wages came to $208k. At year end it held assets of $3.2m against liabilities of $2.7m, net assets of $444k. It reported 9 employees.