Diversus Health Inc

Analysis

Diversus Health Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2006, 20 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, Diversus Health Inc reported income of $60.7m and spending of $57.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $90.6m to $60.7m (-33%), an average of -9.5% a year. The sharpest change came in the year to June 2020, when income dropped by 44%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Diversus Health 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 CO. Charities of a similar size with the same main cause include Scheurer Hospital ($60.7m), Johnson Memorial Hospital Inc ($60.7m) and Ole Health ($60.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $30k (0.1% of expenses). Other salaries and wages came to $21.8m. At year end it held assets of $80.9m against liabilities of $9.0m, net assets of $71.9m.