Grace Community Medical Center Inc

Analysis

Grace Community Medical Center Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 2024, 2 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, Grace Community Medical Center Inc reported income of $151k and spending of $107k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $48k to $151k (+217%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 299%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Community Medical Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include St Lukes Sugar Land Properties Corporation ($151k), Eagle Rock Camp ($151k) and Community Program for Addiction Recovery Inc ($151k).

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 $176k against liabilities of $107k, net assets of $70k.