Community Health Systems Inc

Analysis

Community Health Systems Inc is a registered charity in United States, based in Beloit, WI. It received its IRS tax-exemption ruling in November 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Health Systems Inc reported income of $11.6m and spending of $12.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $11.6m (+67%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 24%. 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, Community Health Systems Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Aldersgate Healthcare Inc ($11.6m), Rockbridge Area Free Clinic ($11.6m) and Comcare Inc ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $555k (4.6% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $6.4m against liabilities of $4.0m, net assets of $2.3m. It reported 130 employees.