Southeast Georgia Health System Inc

Analysis

Southeast Georgia Health System Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in April 1993, 33 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 April 2023, Southeast Georgia Health System Inc reported income of $402.7m and spending of $412.1m, spending 102% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $376.7m to $402.7m (+6.9%), an average of +1.7% a year. The sharpest change came in the year to April 2021, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southeast 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 Fort Sanders Regional Medical Center ($399.3m), Baylor Regional Medical Center at Grapevine ($403.1m) and Javon Bea Hospital ($399.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $3.5m (0.8% of expenses). Other salaries and wages came to $109.1m. At year end it held assets of $647.9m against liabilities of $353.9m, net assets of $293.9m. It reported 3,155 employees.