Coffee Regional Medical Center Inc

Analysis

Coffee Regional Medical Center Inc is a registered charity in United States, based in Douglas, GA. It received its IRS tax-exemption ruling in September 1996, 30 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 December 2022, Coffee Regional Medical Center Inc reported income of $181.1m and spending of $177.0m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $150.1m to $181.1m (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coffee Regional Medical Center Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include St Peters Health Partners ($181.1m), The Wistar Institute of Anatomy and Biology ($181.2m) and Cullman Regional Medical Center Inc ($180.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $3.9m (2.2% of expenses). Other salaries and wages came to $64.8m. At year end it held assets of $128.1m against liabilities of $89.2m, net assets of $38.9m. It reported 1,364 employees.