Commonspirit Kansas Inc

Analysis

Commonspirit Kansas Inc is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in May 2018, 8 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 June 2023, Commonspirit Kansas Inc reported income of $190.8m and spending of $175.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $145.2m to $190.8m (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 38%. 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, Commonspirit Kansas Inc 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 100th percentile within CO. Charities of a similar size with the same main cause include Kaiser Hospital Asset Management Inc ($190.7m), Grand Lake Mental Health Center Inc ($190.9m) and Community Bridges Inc ($190.3m).

On its Form 990 for the period ending June 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 $1.4m (0.8% of expenses). Other salaries and wages came to $78.3m. At year end it held assets of $160.6m against liabilities of $56.9m, net assets of $103.7m. It reported 852 employees.