Anmed Health Cannon

Analysis

Anmed Health Cannon is a registered charity in United States, based in Pickens, SC. It received its IRS tax-exemption ruling in August 1957, 69 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 2022, Anmed Health Cannon reported income of $34.6m and spending of $31.3m, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $33.2m to $34.6m (+4.4%), an average of +1.5% 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, Anmed Health Cannon sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within SC. Charities of a similar size with the same main cause include East Texas Border Health Clinic ($34.6m), Med-Project USA ($34.6m) and The St Francis Hospital Foundation Inc ($34.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $214k (0.7% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $11.9m against liabilities of $16.7m, net assets of -$4.8m. It reported 252 employees.