Northside Hospital Inc

Analysis

Northside Hospital Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in September 1991, 35 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, Northside Hospital Inc reported income of $6.84bn and spending of $6.74bn, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.76bn to $6.84bn (+82%), an average of +16% a year. The sharpest change came in the year to September 2020, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northside Hospital Inc sits at the 100th percentile: it is one of the largest 1% in its cause. 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 BJC Health System ($6.74bn), Advocate Health and Hospitals Corporation ($6.90bn) and Global Fund to Fight AIDS Tuberculosis and Malaria ($6.31bn).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $11.2m (0.2% of expenses). Other salaries and wages came to $2.48bn. At year end it held assets of $5.14bn against liabilities of $1.69bn, net assets of $3.45bn. It reported 33,026 employees.