Columbus Regional Healthcare System

Analysis

Columbus Regional Healthcare System is a registered charity in United States, based in Whiteville, NC. It received its IRS tax-exemption ruling in November 1975, 51 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 September 2023, Columbus Regional Healthcare System reported income of $138.1m and spending of $129.9m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $101.0m to $138.1m (+37%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 31%. Over the whole period it spent 94% 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 Healthcare System 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 99th percentile, and in the 100th percentile within NC. Charities of a similar size with the same main cause include Medhealth ($137.9m), Oklahoma Blood Institute ($138.1m) and Butler Medical Providers ($137.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.1m (0.9% of expenses). Other salaries and wages came to $32.7m. At year end it held assets of $208.1m against liabilities of $46.0m, net assets of $162.1m. It reported 811 employees.