St Marys Hospital Inc

Analysis

St Marys Hospital Inc is a registered charity in United States, based in Athens, 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 Hospital Inc reported income of $279.9m and spending of $280.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $239.4m to $279.9m (+17%), an average of +4.0% a year. Over the whole period it spent 95% 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 Hospital Inc sits at the 97th percentile: it is larger than about 97% 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 SSM Health Businesses ($279.1m), Medstar Southern Maryland Hospital Center Inc ($280.3m) and Assistance Fund Inc ($279.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.0m (0.7% of expenses). Other salaries and wages came to $94.0m. At year end it held assets of $188.2m against liabilities of $91.0m, net assets of $97.2m. It reported 2,146 employees.