C2c Innovative Solutions Inc
Analysis
C2c Innovative Solutions Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, C2c Innovative Solutions Inc reported income of $47.5m and spending of $49.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.3m to $47.5m (+15%), an average of +3.6% a year. Over the whole period it spent 95% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, C2c Innovative Solutions Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Cibola General Hospital Corporation ($47.5m), St Josephs Hospital of the Hospital Sisters of the Third Order of St F ($47.5m) and Michigan Health Information Technology Network Shared Service ($47.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $2.2m (4.6% of expenses). Other salaries and wages came to $17.9m. At year end it held assets of $65.1m against liabilities of $29.4m, net assets of $35.7m. It reported 312 employees.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 31%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cibola General Hospital Corporation | Grants | $47.5m |
| St Josephs Hospital of the Hospital Sisters of the Third Order of St F | Springfield | $47.5m |
| Michigan Health Information Technology Network Shared Service | Lansing | $47.4m |
| St Bernard Hospital Foundation Inc | Chalmette | $47.6m |