Neighborhood Medical Center Inc

Analysis

Neighborhood Medical Center Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in January 1975, 51 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 September 2022, Neighborhood Medical Center Inc reported income of $11.3m and spending of $9.9m, spending 87% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $9.2m to $11.3m (+23%), an average of +7.2% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neighborhood Medical Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Mercy Medical Center Cedar Rapids Iowa Endowment Foundation Inc ($11.3m), Tubman ($11.3m) and Healtheway Inc ($11.3m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $413k (4.2% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $4.0m against liabilities of $722k, net assets of $3.3m. It reported 125 employees.