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Columbus Regional Health Network

Registered · see notesEIN 26-3807951Whiteville, NCHealth and saving lives
Income$13.9m2023-09
Spending$26.2msame year
Spent / received172%5-year average
Size in its cause86th pctHealth and saving lives
Exempt since2013Hospital or medical research
Employees0latest return

Analysis

Columbus Regional Health Network is a registered charity in United States, based in Whiteville, NC. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Columbus Regional Health Network reported income of $13.9m and spending of $26.2m, spending 188% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.3m to $13.9m (+49%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 172% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Columbus Regional Health Network sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Berks Counseling Center Inc ($13.9m), Winona Senior Services Inc ($13.9m) and Harrisonburg Community Health Center Inc ($13.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5.8m. At year end it held assets of $3.2m against liabilities of $79.6m, net assets of -$76.4m.

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.

Income and spending

$0$6.5m$13.1m$19.6m$26.2m2019 Income: $9,337,8362019 Spending: $15,633,12920192020 Income: $9,369,5652020 Spending: $15,469,34520202021 Income: $11,595,6872021 Spending: $18,388,67720212022 Income: $12,167,4362022 Spending: $20,996,44620222023 Income: $13,911,0792023 Spending: $26,178,9712023
IncomeSpending

Where the income comes from

  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
Berks Counseling Center IncReading$13.9m
Winona Senior Services IncWinona$13.9m
Harrisonburg Community Health Center IncHarrisonburg$13.9m
Livwell Community Health Services IncPaducah$13.9m