Moses Cone Medical Services Inc

Analysis

Moses Cone Medical Services Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Moses Cone Medical Services Inc reported income of $101.2m and spending of $101.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $77.1m to $101.2m (+31%), an average of +7.1% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Moses Cone Medical Services 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 99th percentile, and in the 100th percentile within NC. Charities of a similar size with the same main cause include Physicians Organization at Childrens Hospital Inc ($101.2m), Service Access and Management Inc ($101.5m) and Lakeland Regional Health Systems Inc ($101.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Other salaries and wages came to $58.9m. At year end it held assets of $60.0m against liabilities of $59.1m, net assets of $893k. It reported 834 employees.