Columbus Community Hospital Inc

Analysis

Columbus Community Hospital Inc is a registered charity in United States, based in Columbus, NE. It received its IRS tax-exemption ruling in April 1972, 54 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 April 2023, Columbus Community Hospital Inc reported income of $160.2m and spending of $149.5m, spending 93% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $108.6m to $160.2m (+47%), an average of +10% a year. The sharpest change came in the year to April 2023, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Columbus Community Hospital Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within NE. Charities of a similar size with the same main cause include Lehigh Valley Hospital-Hazleton ($160.0m), Gundersen Clinic Ltd ($160.3m) and Beth Israel Lahey Health Pharmacy Inc ($159.9m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 5.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.8m (1.2% of expenses). Other salaries and wages came to $58.3m. At year end it held assets of $208.6m against liabilities of $18.5m, net assets of $190.1m. It reported 1,052 employees.