Comagine Health

Analysis

Comagine Health is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Comagine Health reported income of $74.8m and spending of $71.6m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $69.0m to $74.8m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to September 2023, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Comagine Health sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Spurwink Services Incorporated ($74.6m), Compass Health ($74.8m) and Family Resource & Referral Center of San Joaquin ($74.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $41.0m. At year end it held assets of $50.0m against liabilities of $13.0m, net assets of $37.0m. It reported 487 employees.