Volunteers in Medicine Chattanooga Inc

Analysis

Volunteers in Medicine Chattanooga Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in April 2004, 22 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, Volunteers in Medicine Chattanooga Inc reported income of $562k and spending of $483k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $562k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Volunteers in Medicine Chattanooga Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Brush Street Residence ($562k), Oregon Health and Education Collaborative ($562k) and Directions Medical Clinic ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (19% of expenses). Other salaries and wages came to $196k. At year end it held assets of $430k against liabilities of $5,735, net assets of $425k. It reported 10 employees.