Cumberland Heights Foundation Inc

Analysis

Cumberland Heights Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1965, 61 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cumberland Heights Foundation Inc reported income of $48.9m and spending of $37.0m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $34.9m to $48.9m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, 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, Cumberland Heights Foundation Inc sits at the 93rd percentile: it is larger than about 93% 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 Knoxville Community Hospital Inc ($48.8m), Clay County Medical Corporation ($48.9m) and Texas Health Presbyterian Hospital Kaufman ($48.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.5m (4.1% of expenses). Other salaries and wages came to $17.3m. At year end it held assets of $70.9m against liabilities of $5.5m, net assets of $65.4m. It reported 473 employees.