Health Care
(E110)
IRS Verified
DX Registered
990 on File
CAMC FOUNDATION INC
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To support and promote Charleston Area Medical Center's delivery of excellent and compassionate health services, and its contribution to the quality of life and economic vitality of the region.
Financial Overview — FY 2023
$13.3M
Total Revenue
$14.7M
Total Expenses
$317.4M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.3%
Fundraising Efficiency
1025.2%
Operating Reserve
259.83x
Liability-to-Asset
1.0%
Revenue Diversification
69.3%
Compared with Peers
FY 2023
Compared with 3,289 similar organizations
(United States, Health Care, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.3% | 84.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.0% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1025.2% | 321.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
259.8 mo | 6.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.0% | 37.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.3% | 93.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-8.1% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
127.0% | 7.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-10.1% | 0.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $13.3M | $14.7M | $317.4M | 82.3% | 0 |
| 2022 | $14.5M | $6.5M | $293.1M | 68.5% | 0 |
| 2021 | $26.8M | $6.1M | N/A | — | 0 |
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