Effingham Hospital Inc
Analysis
Effingham Hospital Inc is a registered charity in United States, based in Springfield, GA. It received its IRS tax-exemption ruling in December 2015, 11 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, Effingham Hospital Inc reported income of $69.3m and spending of $76.2m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $60.9m to $69.3m (+14%), an average of +3.3% a year. Over the whole period it spent 104% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Effingham Hospital Inc sits at the 94th percentile: it is larger than about 94% 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 Eastern Maine Healthcare Systems ($69.3m), Cox-Monett Hospital Inc ($69.3m) and Intermountain Healthcare Foundation Inc ($69.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.5m (1.9% of expenses). Other salaries and wages came to $24.2m. It paid $84k in professional fundraising fees. At year end it held assets of $62.1m against liabilities of $61.2m, net assets of $941k. It reported 639 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 7.7%
- Program services 91%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Eastern Maine Healthcare Systems | Brewer | $69.3m |
| Cox-Monett Hospital Inc | Monett | $69.3m |
| Intermountain Healthcare Foundation Inc | Salt Lake Cty | $69.1m |
| Mackinac Straits Health System Inc | Saint Ignace | $69.3m |