Tift Regional Health System Inc

Analysis

Tift Regional Health System Inc is a registered charity in United States, based in Tifton, GA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Tift Regional Health System Inc reported income of $470.5m and spending of $491.5m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $272.4m to $470.5m (+73%), an average of +15% a year. The sharpest change came in the year to September 2020, when income rose by 72%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tift Regional Health System Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within GA. Charities of a similar size with the same main cause include Legacy Good Samaritan Hospital and Medical Center Payroll Dept ($470.3m), Christus Health Ark-La-Tex ($470.6m) and Barbara Ann Karmanos Cancer Hospital ($468.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $6.3m (1.3% of expenses). Other salaries and wages came to $195.3m. At year end it held assets of $828.1m against liabilities of $290.1m, net assets of $538.0m. It reported 3,232 employees.