Columbus Regional Healthcare System Inc

Analysis

Columbus Regional Healthcare System 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. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Columbus Regional Healthcare System Inc reported income of $4.4m and spending of $13.3m, spending 300% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $40.2m to $4.4m (-89%), an average of -42% a year. The sharpest change came in the year to June 2021, when income rose by 212%. Over the whole period it spent 175% 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 Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Jacobs Ladder Pediatric Rehab Center Inc ($4.4m), Mill Neck Services Inc ($4.4m) and Farmsteads of New England Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $2.1m (16% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $285.4m against liabilities of $91.8m, net assets of $193.5m. It reported 161 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.