Community Health Systems Inc

Analysis

Community Health Systems Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in July 2003, 23 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 June 2023, Community Health Systems Inc reported income of $60.4m and spending of $57.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.9m to $60.4m (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 91%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Health Systems Inc sits at the 94th percentile: it is larger than about 94% 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 National Association of Community Health Centers Inc ($60.3m), Hackensack Meridian Health Inc ($60.5m) and Rumford Hospital ($60.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $6.8m (12% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $167.2m against liabilities of $55.6m, net assets of $111.6m. It reported 192 employees.