Hamilton Medical Center Inc

Analysis

Hamilton Medical Center Inc is a registered charity in United States, based in Dalton, GA. It received its IRS tax-exemption ruling in August 1983, 43 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 September 2023, Hamilton Medical Center Inc reported income of $412.9m and spending of $359.9m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $305.2m to $412.9m (+35%), an average of +7.8% 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, Hamilton Medical Center 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 GA. Charities of a similar size with the same main cause include Alzheimers Disease and Related Disorders Association Inc ($412.4m), Methodist Childrens Hospital ($413.2m) and Texas Health Harris Methodist Hospital Southwest Fort Worth ($410.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $2.8m (0.8% of expenses). Other salaries and wages came to $142.0m. At year end it held assets of $845.4m against liabilities of $221.0m, net assets of $624.4m. It reported 2,294 employees.