Community Physicians of Indiana Inc

Analysis

Community Physicians of Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2010, 16 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, Community Physicians of Indiana Inc reported income of $420.0m and spending of $938.2m, spending 223% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $339.7m to $420.0m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 210% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Physicians of Indiana Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include Phelps Memorial Hospital Association ($419.9m), Memorial Health Services ($422.1m) and Southwest General Health Center ($419.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $6.6m (0.7% of expenses). Other salaries and wages came to $591.5m. At year end it held assets of $102.4m against liabilities of $112.5m, net assets of -$10.0m. It reported 4,746 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.