Claiborne Medical Center

Analysis

Claiborne Medical Center is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in October 2014, 12 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 December 2023, Claiborne Medical Center reported income of $36.6m and spending of $37.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $29.9m to $36.6m (+22%), an average of +5.1% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Claiborne Medical Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Travis Association for the Blind ($36.6m), Henry County Hospital Inc ($36.6m) and Caron of Florida Inc ($36.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $16.0m. At year end it held assets of $14.2m against liabilities of $3.8m, net assets of $10.4m. It reported 449 employees.