Columbus Regional Diagnostics

Analysis

Columbus Regional Diagnostics is a registered charity in United States, based in Whiteville, NC. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Columbus Regional Diagnostics reported income of $1.5m and spending of $1.9m, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $205k to $1.5m (+639%), an average of +65% a year. The sharpest change came in the year to September 2023, when income rose by 201%. Over the whole period it spent 137% 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 Diagnostics sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Newtown Volunteer Ambulance Association Inc ($1.5m), Integrated Health Services Inc ($1.5m) and McA Revere Realty Inc ($1.5m).

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 $355k. At year end it held assets of $2.6m against liabilities of $4.1m, net assets of -$1.5m.

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.