St Marys Sacred Heart Hospital Inc

Analysis

St Marys Sacred Heart Hospital Inc is a registered charity in United States, based in Lavonia, GA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, St Marys Sacred Heart Hospital Inc reported income of $50.8m and spending of $51.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.5m to $50.8m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Marys Sacred Heart Hospital Inc sits at the 93rd percentile: it is larger than about 93% 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 Concordia Visiting Nurses ($50.8m), Fairview Bethesda Hospital ($50.8m) and Wayne Memorial Community Health Centers ($50.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $420k (0.8% of expenses). Other salaries and wages came to $17.9m. At year end it held assets of $22.4m against liabilities of $20.8m, net assets of $1.7m. It reported 431 employees.