Georgia Highlands Medical Services Inc

Analysis

Georgia Highlands Medical Services Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in February 1979, 47 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 May 2023, Georgia Highlands Medical Services Inc reported income of $19.6m and spending of $17.7m, spending 90% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $11.9m to $19.6m (+65%), an average of +13% a year. The sharpest change came in the year to May 2022, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Georgia Highlands Medical Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include St Anne Home ($19.6m), Rural Health Inc ($19.6m) and Chapin Home for the Aging ($19.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 45% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $842k (4.7% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $13.2m against liabilities of $7.4m, net assets of $5.8m. It reported 206 employees.