DFD Russell Medical Center Inc

Analysis

DFD Russell Medical Center Inc is a registered charity in United States, based in Leeds, ME. It received its IRS tax-exemption ruling in January 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, DFD Russell Medical Center Inc reported income of $10.3m and spending of $10.5m, spending 102% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $6.0m to $10.3m (+73%), an average of +15% a year. The sharpest change came in the year to March 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, DFD Russell Medical Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within ME. Charities of a similar size with the same main cause include Alliance for Childrens Rights ($10.3m), Morris Habitat for Humanity ($10.3m) and Meta House Inc ($10.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $727k (6.9% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $7.1m against liabilities of $3.3m, net assets of $3.8m. It reported 136 employees.