Columbus Ambulatory Healthcare Services Inc

Analysis

Columbus Ambulatory Healthcare Services Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in September 1987, 39 years ago. 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, Columbus Ambulatory Healthcare Services Inc reported income of $50.9m and spending of $57.6m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.7m to $50.9m (+46%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Ambulatory Healthcare Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Trilogy Inc ($50.8m), American Association of Motor Vehicle Administrators ($51.0m) and Ontario Educational Communications Authority ($50.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $704k (1.2% of expenses). Other salaries and wages came to $39.9m. At year end it held assets of $25.4m against liabilities of $92.0m, net assets of -$66.6m. It reported 417 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.