Hamilton Physician Group Inc

Analysis

Hamilton Physician Group Inc is a registered charity in United States, based in Dalton, GA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover health care, 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 September 2023, Hamilton Physician Group Inc reported income of $29.8m and spending of $52.1m, spending 175% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $22.3m to $29.8m (+34%), an average of +7.6% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 167% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hamilton Physician Group Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Caring Heart Rehabilitation and Nursing Center Inc ($29.8m), Northern Oswego County Health Services Inc ($29.8m) and Fort Hudson Nursing Center Inc ($29.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $2.6m (5.0% of expenses). Other salaries and wages came to $33.4m. At year end it held assets of $12.5m against liabilities of $16.8m, net assets of -$4.3m. It reported 319 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.