Cumberland Medical Center Inc

Analysis

Cumberland Medical Center Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in January 1972, 54 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cumberland Medical Center Inc reported income of $94.3m and spending of $101.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $88.0m to $94.3m (+7.2%), an average of +1.8% 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, Cumberland Medical Center 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 99th percentile within TN. Charities of a similar size with the same main cause include Keystone Rural Health Center ($94.3m), Waianae District Comprehensive Health and Hospital Board ($94.4m) and Health Services of Central Georgia Inc ($94.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $394k (0.4% of expenses). Other salaries and wages came to $32.4m. At year end it held assets of $87.2m against liabilities of $9.2m, net assets of $78.0m. It reported 790 employees.