Helmt Medical Center Inc

Analysis

Helmt Medical Center Inc is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in June 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helmt Medical Center Inc reported income of $52k and spending of $56k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $52k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Helmt Medical Center Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Carenet Counseling of Wilkes Inc ($52k), Opening the Word Peer Recovery Center ($52k) and Interactive Media Institute ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65 against liabilities of $0, net assets of $65.