Columbiacare Services Inc

Analysis

Columbiacare Services Inc is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, 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 2023, Columbiacare Services Inc reported income of $57.2m and spending of $55.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $42.2m to $57.2m (+36%), an average of +7.9% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Columbiacare Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OR. Charities of a similar size with the same main cause include Summitstone Health Partners ($57.1m), Hillcrest Physician Services ($57.2m) and Comprehensive Community Health Centers Inc ($57.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.5m (2.7% of expenses). Other salaries and wages came to $28.3m. At year end it held assets of $78.4m against liabilities of $29.8m, net assets of $48.6m. It reported 805 employees.