Columbus Regional Hospital Foundation Inc

Analysis

Columbus Regional Hospital Foundation Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in December 1952, 74 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Columbus Regional Hospital Foundation Inc reported income of $3.1m and spending of $3.6m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.1m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 102% 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 Hospital Foundation 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 90th percentile within IN. Charities of a similar size with the same main cause include Community Health Services Inc ($3.1m), West Virginia Secondary School Activities Commission ($3.1m) and National Womens Health Resource Center Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $114k (3.2% of expenses). Other salaries and wages came to $555k. At year end it held assets of $24.2m against liabilities of $6.8m, net assets of $17.4m. It reported 8 employees.