The Medical Center Inc

Analysis

The Medical Center Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in August 1986, 40 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, The Medical Center Inc reported income of $506.8m and spending of $492.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $435.8m to $506.8m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2021, when income rose by 23%. 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, The 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 United Regional Health Care System Inc ($506.7m), Candler Hospital Incorporated ($507.8m) and St Marys Medical Center ($506.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $412k (0.1% of expenses). Other salaries and wages came to $160.5m. At year end it held assets of $306.9m against liabilities of $260.7m, net assets of $46.2m. It reported 2,479 employees.