Faith Family Medical Center

Analysis

Faith Family Medical Center is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 2001, 25 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, Faith Family Medical Center reported income of $5.8m and spending of $6.9m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.8m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faith Family Medical Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Ascendigo Autism Services Inc ($5.8m), Henderson County Retirement Center Inc ($5.8m) and American Indian Health and Family Services of Southeastern Mi Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $883k (13% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $23.5m against liabilities of $12.3m, net assets of $11.2m. It reported 39 employees.