Cambridge Regional Health Center Inc

Analysis

Cambridge Regional Health Center Inc is a registered charity in United States, based in Cambridge, VT. It received its IRS tax-exemption ruling in August 1975, 51 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, Cambridge Regional Health Center Inc reported income of $397k and spending of $456k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $397k (+216%), an average of +216% a year. The sharpest change came in the year to December 2023, when income rose by 216%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cambridge Regional Health Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 60th percentile within VT. Charities of a similar size with the same main cause include Lewiston Civic Theatre Inc ($397k), Memphis Boys Athletic Association ($397k) and Americas Prayer Network Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. It paid $600 in professional fundraising fees. At year end it held assets of $415k against liabilities of $474k, net assets of -$59k.