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Family Medical Centers Community Foundation Inc

RegisteredEIN 85-0638638Russell SPGS, KYHealth and saving lives
Income$3.0m2023-12
Spending$341ksame year
Spent / received0.9%4-year average
Size in its cause75th pctHealth and saving lives
Exempt since2021Supporting organisation (typ
Employees0latest return

Analysis

Family Medical Centers Community Foundation Inc is a registered charity in United States, based in Russell SPGS, KY. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Family Medical Centers Community Foundation Inc reported income of $3.0m and spending of $341k, leaving 89% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $17.1m to $3.0m (-82%), an average of -44% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 0.9% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Medical Centers Community Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include Alpha Omicron Pi Foundation ($3.0m), Easterseals of Northeast Ohio ($3.1m) and Emergent Health Partners ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% of the total. At year end it held assets of $88.1m against liabilities of $41k, net assets of $88.1m.

Income and spending

$0$11.3m$22.5m$33.8m$45.1m2020 Income: $17,059,3682020 Spending: $020202021 Income: $45,099,6872021 Spending: $146,00720212022 Income: $15,356,7772022 Spending: $275,13820222023 Income: $3,049,2432023 Spending: $340,6132023
IncomeSpending

Where the income comes from

  • Contributions & grants 4.6%
  • Other 95%

Similar-sized charities, same cause

CharityLocationIncome
Alpha Omicron Pi FoundationBrentwood$3.0m
Easterseals of Northeast OhioYoungstown$3.1m
Emergent Health PartnersAnn Arbor$3.0m
Responsibility HouseKenner$3.1m