Navicent Health Inc

Analysis

Navicent Health Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Navicent Health Inc reported income of $150.2m and spending of $188.1m, spending 125% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $25.6m to $150.2m (+486%), an average of +42% a year. The sharpest change came in the year to December 2019, when income rose by 468%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Navicent Health Inc 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 99th percentile within GA. Charities of a similar size with the same main cause include Dell Childrens Medical Group ($150.1m), Grande Ronde Hospital Inc ($150.2m) and Leconte Medical Center ($149.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $7.4m (3.9% of expenses). Other salaries and wages came to $66.3m. At year end it held assets of $180.1m against liabilities of $204.4m, net assets of -$24.3m. It reported 892 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.