Piedmont Henry Hospital Inc

Analysis

Piedmont Henry Hospital Inc is a registered charity in United States, based in Stockbridge, GA. It received its IRS tax-exemption ruling in October 1996, 30 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, Piedmont Henry Hospital Inc reported income of $563.0m and spending of $496.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $395.4m to $563.0m (+42%), an average of +9.2% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Piedmont Henry Hospital Inc sits at the 99th percentile: it is larger than about 99% 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 St Lukes Magic Valley Regional Medical Center Ltd ($563.0m), Meritus Medical Center Inc ($563.4m) and Southcentral Foundation ($562.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.3m (0.3% of expenses). Other salaries and wages came to $127.3m. At year end it held assets of $281.9m against liabilities of $97.3m, net assets of $184.7m. It reported 2,326 employees.