Phoebe Worth Medical Center Inc

Analysis

Phoebe Worth Medical Center Inc is a registered charity in United States, based in Sylvester, GA. It received its IRS tax-exemption ruling in March 2003, 23 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 July 2023, Phoebe Worth Medical Center Inc reported income of $24.7m and spending of $20.9m, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $18.8m to $24.7m (+31%), an average of +7.0% a year. The sharpest change came in the year to July 2022, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phoebe Worth Medical Center Inc sits at the 90th percentile: it is larger than about 90% 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 Herald Christian Health Center ($24.7m), Resource Center of Dallas Inc ($24.7m) and Childrens Urological Foundation Inc ($24.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.0% and program service revenue 93% of the total. Other salaries and wages came to $7.1m. At year end it held assets of $19.1m against liabilities of $15.5m, net assets of $3.6m. It reported 215 employees.