Augusta Health Care Inc

Analysis

Augusta Health Care Inc is a registered charity in United States, based in Fishersville, VA. It received its IRS tax-exemption ruling in May 1989, 37 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 December 2023, Augusta Health Care Inc reported income of $492.0m and spending of $433.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $380.9m to $492.0m (+29%), an average of +6.6% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Augusta Health Care 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 VA. Charities of a similar size with the same main cause include Rideout Memorial Hospital ($491.9m), Highmark Health ($492.9m) and Our Lady of Lourdes Memorial Hospit Al Inc ($488.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $6.4m (1.5% of expenses). Other salaries and wages came to $157.0m. At year end it held assets of $1.12bn against liabilities of $59.3m, net assets of $1.06bn. It reported 2,591 employees.