Northeast Georgia Health System Inc

Analysis

Northeast Georgia Health System Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in November 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Northeast Georgia Health System Inc reported income of $353.5m and spending of $351.6m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $207.8m to $353.5m (+70%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northeast Georgia Health System 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 Wayne Memorial Hospital Inc ($353.3m), United States Pharmacopeial Convention Inc ($353.7m) and Medical Associates of Englewood PC ($353.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Other salaries and wages came to $152.8m. At year end it held assets of $596.8m against liabilities of $74.0m, net assets of $522.8m.