Marietta Health Care Physicians Inc

Analysis

Marietta Health Care Physicians Inc is a registered charity in United States, based in Marietta, OH. It received its IRS tax-exemption ruling in October 1995, 31 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 September 2023, Marietta Health Care Physicians Inc reported income of $170.5m and spending of $170.5m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $102.0m to $170.5m (+67%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 45%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marietta Health Care Physicians Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Mary Bird Perkins Cancer Center ($169.6m), Merakey Pennsylvania ($170.6m) and St Catherine Hospital Inc ($169.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $2.7m (1.6% of expenses). Other salaries and wages came to $121.7m. At year end it held assets of $15.4m against liabilities of $15.4m, net assets of -$2,359. It reported 367 employees.