Cullman Regional Medical Center Foundation Inc

Analysis

Cullman Regional Medical Center Foundation Inc is a registered charity in United States, based in Cullman, AL. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 June 2023, Cullman Regional Medical Center Foundation Inc reported income of $427k and spending of $355k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $426k to $427k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cullman Regional Medical Center Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Sturge-Weber Foundation ($427k), Theatre Huntsville ($427k) and Noah Webster Educational Foundation ($427k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.