Lexington Health Inc
78% goes to programs $0 to raise $100 Strong reserves Growing revenue
Lexington Health Inc is a 501(c)(3) organization based in West Columbia, South Carolina, registered in 2020, with $1,768,647,290 in FY2024 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
2720 Sunset Blvd, West Columbia, SC, 29169 EIN 85-2276567 Since 2020
Revenue (FY2024)
$1.8B
▲ 7.3% vs prior year
Health median: $840K
Expenses (FY2024)
$1.7B
Net assets
$1.6B
Employees
5,868
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating78% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Lexington Health Inc: 78% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lexington Health Inc: 11 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Lexington Health Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lexington Health Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide healthcare services, participate in any activity designed to promote the general health of lexington county and surrounding areas.
Contact & location
- Address
- 2720 Sunset Blvd, West Columbia, SC, 29169
- City
- West Columbia
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $995.2M (FY2020) to $1.8B (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $749.0MNet assets $1.6B
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3B
Total liabilities
$749.0M
Net assets
$1.6B
Salaries & benefits
$1.0B
60% of expenses
Board members
19
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,768,647,290▲7.3% | $1,707,946,006▲8.0% | $1,553,912,977▲7.7% | $2,302,885,018▲4.7% | 990 |
| 2023 | $1,647,592,716▲5.8% | $1,581,462,700▲5.2% | $1,443,315,748▲13.1% | $2,199,150,329▲7.9% | 990 |
| 2022 | $1,557,357,991▲6.3% | $1,503,021,957▲6.2% | $1,275,725,240▲7.4% | $2,037,572,606▲4.4% | 990 |
| 2021 | $1,465,086,547▲47.2% | $1,414,872,578▲56.7% | $1,188,095,944▼3.3% | $1,952,584,500▼1.5% | 990 |
| 2020 | $995,156,423 | $902,739,287 | $1,228,045,864 | $1,982,043,541 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Tod Augsburger — $3,468,120 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tod Augsburger | President and Ceo | 40 | $3,468,120 |
| Dr Charles P Toussaint | Physician | 40 | $1,897,695 |
| Dr David K Lee | Physician | 40 | $1,673,179 |
| Dr Scott B Boyd | Physician | 40 | $1,604,057 |
| Dr Quillin Gourley Davis | Physician | 40 | $1,488,283 |
| Dr Stephen E Van Horn Jr | Physician | 40 | $1,472,385 |
| Dr David Lamb | Board Member | 3 | $990,675 |
| Jeffrey Brillhart | Sr Vice President and Cfo | 40 | $847,530 |
| Kirk T Jenkins | Sr Vp of Physician Network | 40 | $752,017 |
| Jeffrey Scott Wilson | General Counsel Sr Vice Pr | 40 | $675,502 |
| Roger Lee Sipe | Sr Vp of Operations | 40 | $638,912 |
| Brian Smith | Sr Vp of Human Resources | 40 | $578,848 |
| Chip Johnson | Director | 3 | — |
| Debbie Summers | Director | 3 | — |
| Dr Matt Thoma | Director | 3 | — |
| Frank Shumpert | Director | 3 | — |
| Gregg Hendrix | Director | 3 | — |
| Jan Burt | Director | 3 | — |
| Jeff Salters | Director | 3 | — |
| Justin Strickland | Vice Chariman | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ahead LLC | It Management Services | $1,132,421 |
| Pathology Associates of Lexington | Medical Services | $1,015,583 |
| Neuro Surgical Resources LLC | Medical Services | $814,794 |
| Healthfuse LLC | Medical Services | $560,988 |
| Cloudmed Solutions LLC | Financial Services | $556,443 |
Grants received · $24K total
2 grants to Lexington Health Inc totaling $24K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic | Support research program | 2024 | $5,063 |
| Mayo Clinic | Support research program | 2023 | $18,500 |
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Compare Lexington Health Inc
Frequently asked questions
- Is Lexington Health Inc a legitimate nonprofit?
- Yes. Lexington Health Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-2276567, based in West Columbia, South Carolina. Donations are tax-deductible.
- What is Lexington Health Inc's EIN?
- Lexington Health Inc's Employer Identification Number (EIN) is 85-2276567.
- How much revenue does Lexington Health Inc report?
- Lexington Health Inc reported $1,768,647,290 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Lexington Health Inc's spending goes to programs?
- Lexington Health Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lexington Health Inc have?
- CharityIndex grades Lexington Health Inc A, based on program efficiency and fundraising cost.
- How much does Lexington Health Inc's highest-paid employee make?
- The highest reported compensation on Lexington Health Inc's latest Form 990 is $3,468,120, paid to Tod Augsburger (President and Ceo).
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Data for Lexington Health Inc (EIN 85-2276567) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.