Broad Top Area Medical Center Inc

Analysis

Broad Top Area Medical Center Inc is a registered charity in United States, based in Broad Top, PA. It received its IRS tax-exemption ruling in January 1974, 52 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 February 2023, Broad Top Area Medical Center Inc reported income of $16.6m and spending of $14.9m, spending 90% of its income. Across the 5 years on record, from February 2019 to February 2023, income grew from $8.6m to $16.6m (+93%), an average of +18% a year. The sharpest change came in the year to February 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Broad Top Area Medical Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Jewish Federation of Greater Houston ($16.6m), Florida Alcohol and Drug Abuse Association Inc ($16.6m) and Community Legal Servies of Mid- Florida Inc ($16.5m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Other salaries and wages came to $8.3m. At year end it held assets of $8.4m against liabilities of $5.1m, net assets of $3.3m. It reported 162 employees.