Douglas Hospital Inc

Analysis

Douglas Hospital Inc is a registered charity in United States, based in Marietta, 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 June 2023, Douglas Hospital Inc reported income of $233.1m and spending of $200.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $167.6m to $233.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Douglas Hospital Inc sits at the 97th percentile: it is larger than about 97% 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 Aspirus Rhinelander & Tomahawk Hospitals & Clinics Inc ($232.5m), Community Hospital of Anderson- Madison County Inc ($233.2m) and New England Baptist Hospital ($232.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.4m (0.7% of expenses). Other salaries and wages came to $103.0m. At year end it held assets of $91.3m against liabilities of $37.7m, net assets of $53.6m. It reported 1,353 employees.