Rosa Clark Medical Center

Analysis

Rosa Clark Medical Center is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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, Rosa Clark Medical Center reported income of $5.4m and spending of $4.1m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $5.4m (+154%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rosa Clark 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 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Ballot Initiative Strategy Center Foundation ($5.4m), East Bay Alliance for a Sustainable Economy ($5.4m) and El Reposo Nursing Facility ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $488k (12% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.6m against liabilities of $364k, net assets of $4.3m. It reported 50 employees.