Cabinet Peaks Medical Center

Analysis

Cabinet Peaks Medical Center is a registered charity in United States, based in Libby, MT. It received its IRS tax-exemption ruling in December 1944, 82 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Cabinet Peaks Medical Center reported income of $44.6m and spending of $42.3m, spending 95% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $37.4m to $44.6m (+19%), an average of +4.5% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cabinet Peaks Medical Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MT. Charities of a similar size with the same main cause include Central Nassau Guidance & Counseling Services Inc ($44.6m), Ascension Via Christi Health Inc ($44.7m) and Blood Assurance Inc ($44.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.3m (3.2% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $71.0m against liabilities of $23.5m, net assets of $47.5m. It reported 329 employees.