Piedmont Mountainside Hospital Inc

Analysis

Piedmont Mountainside Hospital Inc is a registered charity in United States, based in Jasper, GA. It received its IRS tax-exemption ruling in November 2005, 21 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).

In the financial year ending June 2023, Piedmont Mountainside Hospital Inc reported income of $146.9m and spending of $125.0m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $96.7m to $146.9m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Piedmont Mountainside Hospital 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 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include The Finley Hospital ($146.7m), Ivinson Memorial Hospital ($147.2m) and Chinese Hospital Association ($146.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.1m (0.8% of expenses). Other salaries and wages came to $40.1m. At year end it held assets of $78.7m against liabilities of $27.6m, net assets of $51.1m. It reported 649 employees.