Community Medical Centers Inc

Analysis

Community Medical Centers Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in September 1978, 48 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Medical Centers Inc reported income of $123.0m and spending of $125.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $76.3m to $123.0m (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Medical Centers Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Tricore Laboratory Services Corporation ($122.9m), Newark Wayne Community Hospital ($123.1m) and St Bernard Hospital ($122.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $2.0m (1.6% of expenses). Other salaries and wages came to $65.2m. At year end it held assets of $101.7m against liabilities of $71.5m, net assets of $30.2m. It reported 1,336 employees.