Community Medical Center Inc

Analysis

Community Medical Center Inc is a registered charity in United States, based in Falls City, NE. It received its IRS tax-exemption ruling in September 1956, 70 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 July 2023, Community Medical Center Inc reported income of $35.5m and spending of $33.2m, spending 93% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $28.2m to $35.5m (+26%), an average of +5.9% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Medical Center Inc 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 98th percentile within NE. Charities of a similar size with the same main cause include Laird Hospital Inc ($35.5m), Jcca Edenwald Inc ($35.5m) and Hot Springs County Hospital Dist ($35.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $490k (1.5% of expenses). Other salaries and wages came to $11.2m. At year end it held assets of $50.5m against liabilities of $13.6m, net assets of $36.9m. It reported 232 employees.