Columbus Regional Medical Foundation Inc

Analysis

Columbus Regional Medical Foundation Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in June 1983, 43 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 June 2023, Columbus Regional Medical Foundation Inc reported income of $9.5m and spending of $879k, leaving 91% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $9.5m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 12% 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 Medical Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Vital Link Inc ($9.5m), Sacred Heart Rehabilitation Institute Inc ($9.5m) and Beautiful Savior Home ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $421k. At year end it held assets of $26.3m against liabilities of $84k, net assets of $26.2m.