Community Volunteers in Medicine Inc

Analysis

Community Volunteers in Medicine Inc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in August 1998, 28 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 June 2024, Community Volunteers in Medicine Inc reported income of $15.0m and spending of $11.4m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.7m to $15.0m (+94%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Volunteers in Medicine Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Valley Hospital Foundation ($15.0m), Lincoln County Community Health Center Inc ($15.0m) and Comfort Bridge ($15.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $282k (2.5% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $25.2m against liabilities of $233k, net assets of $25.0m. It reported 70 employees.