Day Kimball Medical Group Inc

Analysis

Day Kimball Medical Group Inc is a registered charity in United States, based in Putnam, CT. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Day Kimball Medical Group Inc reported income of $17.9m and spending of $27.4m, spending 153% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.5m to $17.9m (+2.2%), an average of +0.5% a year. Over the whole period it spent 149% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Day Kimball Medical Group Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Maternal & Family Health Services Inc ($17.9m), Access Family Health Services Inc ($17.9m) and Merakey Delaware County ($17.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.3m (8.4% of expenses). Other salaries and wages came to $17.2m. At year end it held assets of $2.7m against liabilities of $4.3m, net assets of -$1.6m. It reported 214 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.