Unity Medical Center Inc

Analysis

Unity Medical Center Inc is a registered charity in United States, based in Manchester, TN. It received its IRS tax-exemption ruling in November 2018, 8 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 December 2023, Unity Medical Center Inc reported income of $51.7m and spending of $51.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.7m to $51.7m (+138%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 149%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unity Medical Center 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 Ben Archer Health Center ($51.7m), Donorconnect ($51.8m) and Anthony Wayne Rehabilitation Center for Handicapped & Blind ($51.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $3.5m (6.7% of expenses). Other salaries and wages came to $13.3m. At year end it held assets of $58.2m against liabilities of $45.2m, net assets of $13.0m. It reported 368 employees.