Community Health Systems Inc

Analysis

Community Health Systems Inc is a registered charity in United States, based in Attleboro, MA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Community Health Systems Inc reported income of $3.1m and spending of $6.3m, spending 204% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $4.2m to $3.1m (-26%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 139% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health Systems Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Rise Up Inc ($3.1m), Gastroenterology & Hepatology Advanced Practice Providers Inc ($3.1m) and Cincinnati Sight Restoration Foundation Inc ($3.1m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 0.4% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $884k (14% of expenses). Other salaries and wages came to $984k. At year end it held assets of $26.7m against liabilities of $4.5m, net assets of $22.2m. It reported 23 employees.