Coxhealth

Analysis

Coxhealth is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in March 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Coxhealth reported income of $257.9m and spending of $256.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $62.6m to $257.9m (+312%), an average of +42% a year. The sharpest change came in the year to September 2020, when income rose by 214%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coxhealth sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include The Queens Health Systems ($257.9m), Deborah Heart & Lung Center ($258.1m) and Gottlieb Community Health Services Corporation ($257.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $10.2m (4.0% of expenses). Other salaries and wages came to $87.5m. At year end it held assets of $1.55bn against liabilities of $17.6m, net assets of $1.53bn.