Central Vermont Medical Center Inc Hcsr
Central Vermont Medical Center: Steady Revenue, High Program Spending
EIN: 222547186 · Berlin, VT · NTEE: E220 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $320.0M |
| Total Expenses | $291.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000 |
| Net Assets | $69.8M |
| Transparency Score | 85/100 |
Is Central Vermont Medical Center Inc Hcsr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Vermont Medical Center Inc Hcsr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Vermont Medical Center Inc Hcsr
Central Vermont Medical Center Inc Hcsr (EIN: 222547186) is a nonprofit organization based in Berlin, VT, classified under NTEE code E220. The organization reported total revenue of $320.0M and total assets of $176.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Vermont Medical Center Inc Hcsr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Vermont Medical Center Inc Hcsr is a major nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $274.1M |
| Total Expenses | $291.0M |
| Surplus / Deficit | $-16,920,236 |
| Total Assets | $162.9M |
| Total Liabilities | $93.1M |
| Net Assets | $69.8M |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 57.2% |
| Months of Reserves | 6.7 months |
Financial Health Grade: C
In 2023, Central Vermont Medical Center Inc Hcsr reported a deficit of $16.9M with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 57.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Vermont Medical Center Inc Hcsr's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.1% | +5.0% | -6.2% |
| 2022 | +5.4% | +12.1% | -13.2% |
| 2021 | +6.1% | +5.8% | +4.1% |
| 2020 | +2.4% | -0.2% | +17.3% |
| 2019 | +4.0% | +6.8% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Vermont Medical Center Inc Hcsr with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Central Vermont Medical Center Inc Hcsr allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.2%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with the CEO's reported compensation of $500,000 in 2023 being within industry benchmarks for similar-sized medical centers.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Central Vermont Medical Center Inc Hcsr:
- Consistent revenue growth over the past several years, indicating financial stability.
- High percentage of spending dedicated to programs, demonstrating a strong commitment to its mission.
- Healthy asset base of $176,619,849 provides a strong foundation for future operations.
- Low liability-to-asset ratio suggests good financial health and manageable debt.
- Clear and accessible financial reporting enhances public trust and accountability.
Frequently Asked Questions about Central Vermont Medical Center Inc Hcsr
Is Central Vermont Medical Center Inc Hcsr a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Vermont Medical Center Inc Hcsr (EIN: 222547186) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Central Vermont Medical Center Inc Hcsr spend its money?
Central Vermont Medical Center Inc Hcsr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Vermont Medical Center Inc Hcsr tax-deductible?
Central Vermont Medical Center Inc Hcsr is registered as a tax-exempt nonprofit (EIN: 222547186). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Central Vermont Medical Center Inc Hcsr CEO make?
Central Vermont Medical Center Inc Hcsr's highest-compensated officer earns $500,000 annually. The organization reported $320.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Central Vermont Medical Center Inc Hcsr's spending goes to programs?
Central Vermont Medical Center Inc Hcsr directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Central Vermont Medical Center Inc Hcsr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Central Vermont Medical Center Inc Hcsr is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Central Vermont Medical Center Inc Hcsr located?
Central Vermont Medical Center Inc Hcsr is headquartered in Berlin, Vermont and files with the IRS under EIN 222547186. It is classified under NTEE code E220.
How many years of IRS 990 filings does Central Vermont Medical Center Inc Hcsr have?
Central Vermont Medical Center Inc Hcsr has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $320.0M in total revenue.
What does Central Vermont Medical Center Inc Hcsr do?
Central Vermont Medical Center Inc Hcsr is a nonprofit organization in the Health Care sector, located in Berlin, Vermont. It is classified under NTEE code E220.
How much revenue does Central Vermont Medical Center Inc Hcsr have?
Central Vermont Medical Center Inc Hcsr reported total revenue of $320,005,553. Based on 13 IRS 990 filings on record.
What are Central Vermont Medical Center Inc Hcsr's total assets?
Central Vermont Medical Center Inc Hcsr holds total assets of $176,619,849 as reported in IRS 990 filings.
Where is Central Vermont Medical Center Inc Hcsr located?
Central Vermont Medical Center Inc Hcsr is based in Berlin, Vermont.
What is Central Vermont Medical Center Inc Hcsr's EIN?
Central Vermont Medical Center Inc Hcsr's Employer Identification Number (EIN) is 222547186. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Central Vermont Medical Center Inc Hcsr?
Central Vermont Medical Center Inc Hcsr is classified under NTEE code E220 (Health Care).
Is Central Vermont Medical Center Inc Hcsr a registered 501(c)(3)?
Yes, Central Vermont Medical Center Inc Hcsr is recognized as a tax-exempt organization by the IRS. EIN: 222547186.
Does Central Vermont Medical Center Inc Hcsr file IRS Form 990?
Yes, Central Vermont Medical Center Inc Hcsr has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Central Vermont Medical Center Inc Hcsr's revenue in 2023?
In the 202309 filing period, Central Vermont Medical Center Inc Hcsr reported total revenue of $274,059,874, total expenses of $290,980,110, and net assets of $162,943,741.
Is Central Vermont Medical Center Inc Hcsr's revenue growing or declining?
Central Vermont Medical Center Inc Hcsr's revenue is relatively stable. Revenue went from $265,806,618 (202209) to $274,059,874 (202309), a +3.1% change. Based on 13 filings on record.
What is Central Vermont Medical Center Inc Hcsr's most recent 990 filing?
The most recent IRS Form 990 filing for Central Vermont Medical Center Inc Hcsr covers tax period 202309. It shows revenue of $274,059,874, expenses of $290,980,110, total assets of $162,943,741, and liabilities of $93,127,363.
How much does Central Vermont Medical Center Inc Hcsr spend on programs vs administration?
Based on IRS 990 analysis, Central Vermont Medical Center Inc Hcsr allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Central Vermont Medical Center Inc Hcsr a trustworthy charity?
Based on AI analysis of IRS 990 data, Central Vermont Medical Center Inc Hcsr appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Central Vermont Medical Center Inc Hcsr's strengths?
Positive indicators for Central Vermont Medical Center Inc Hcsr include: Consistent revenue growth over the past several years, indicating financial stability.. High percentage of spending dedicated to programs, demonstrating a strong commitment to its mission.. Healthy asset base of $176,619,849 provides a strong foundation for future operations.. Low liability-to-asset ratio suggests good financial health and manageable debt.. Clear and accessible financial reporting enhances public trust and accountability.. These findings are derived from AI analysis of the organization's financial filings.
How does Central Vermont Medical Center Inc Hcsr compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with the CEO's reported compensation of $500,000 in 2023 being within industry benchmarks for similar-sized medical centers. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Central Vermont Medical Center Inc. manage to maintain a high program spending percentage despite fluctuating economic conditions?
The organization's consistent revenue growth and prudent management of administrative and fundraising costs allow for a sustained high allocation to programs, ensuring direct impact on community health services.
Filing History
IRS 990 filing history for Central Vermont Medical Center Inc Hcsr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Vermont Medical Center Inc Hcsr's revenue has grown by 79.3%, moving from $152.9M to $274.1M. Total assets increased by 15% over the same period, from $141.7M to $162.9M. Total functional expenses rose by 93.5%, from $150.3M to $291.0M. In its most recent filing year (2023), Central Vermont Medical Center Inc Hcsr reported a deficit of $16.9M, with expenses exceeding revenue. The organization holds $93.1M in liabilities against $162.9M in assets (debt-to-asset ratio: 57.2%), resulting in net assets of $69.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $274.1M | $291.0M | $162.9M | $93.1M | — | View 990 |
| 2022 | $265.8M | $277.2M | $173.8M | $82.4M | — | — |
| 2021 | $252.3M | $247.3M | $200.2M | $79.2M | — | View 990 |
| 2020 | $237.7M | $233.8M | $192.2M | $99.1M | — | — |
| 2019 | $232.2M | $234.2M | $163.8M | $81.8M | — | View 990 |
| 2018 | $223.4M | $219.3M | $172.8M | $80.8M | — | View 990 |
| 2017 | $205.1M | $205.4M | $180.2M | $89.9M | — | View 990 |
| 2016 | $201.3M | $197.5M | $166.9M | $92.2M | — | View 990 |
| 2015 | $182.8M | $176.3M | $152.9M | $75.0M | — | View 990 |
| 2014 | $173.7M | $165.1M | $155.7M | $68.3M | — | View 990 |
| 2013 | $162.2M | $160.1M | $148.1M | $65.6M | — | View 990 |
| 2012 | $158.0M | $152.0M | $151.0M | $91.5M | — | View 990 |
| 2011 | $152.9M | $150.3M | $141.7M | $85.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274.1M, expenses of $291.0M, and assets of $162.9M (revenue +3.1% year-over-year).
- 2022: Revenue of $265.8M, expenses of $277.2M, and assets of $173.8M (revenue +5.4% year-over-year).
- 2021: Revenue of $252.3M, expenses of $247.3M, and assets of $200.2M (revenue +6.1% year-over-year).
- 2020: Revenue of $237.7M, expenses of $233.8M, and assets of $192.2M (revenue +2.4% year-over-year).
- 2019: Revenue of $232.2M, expenses of $234.2M, and assets of $163.8M (revenue +4.0% year-over-year).
- 2018: Revenue of $223.4M, expenses of $219.3M, and assets of $172.8M (revenue +8.9% year-over-year).
- 2017: Revenue of $205.1M, expenses of $205.4M, and assets of $180.2M (revenue +1.9% year-over-year).
- 2016: Revenue of $201.3M, expenses of $197.5M, and assets of $166.9M (revenue +10.1% year-over-year).
- 2015: Revenue of $182.8M, expenses of $176.3M, and assets of $152.9M (revenue +5.3% year-over-year).
- 2014: Revenue of $173.7M, expenses of $165.1M, and assets of $155.7M (revenue +7.1% year-over-year).
- 2013: Revenue of $162.2M, expenses of $160.1M, and assets of $148.1M (revenue +2.7% year-over-year).
- 2012: Revenue of $158.0M, expenses of $152.0M, and assets of $151.0M (revenue +3.4% year-over-year).
- 2011: Revenue of $152.9M, expenses of $150.3M, and assets of $141.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Vermont Medical Center Inc Hcsr:
Data Sources and Methodology
This transparency report for Central Vermont Medical Center Inc Hcsr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.