Coxhealth Foundation

Analysis

Coxhealth Foundation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Coxhealth Foundation reported income of $8.2m and spending of $4.9m, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $10.9m to $8.2m (-25%), an average of -7.0% a year. The sharpest change came in the year to September 2023, when income dropped by 29%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Coxhealth Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Wayne County Indiana Foundation Inc ($8.2m), Living Stones Foundation Charitable TR ($8.2m) and University Impact Charitable TR ($8.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $34.1m against liabilities of $1.5m, net assets of $32.6m.