Fayette Community Hospital Inc

Analysis

Fayette Community Hospital Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fayette Community Hospital Inc reported income of $621.2m and spending of $536.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $447.8m to $621.2m (+39%), an average of +8.5% a year. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fayette Community 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 Bakersfield Memorial Hospital ($620.6m), San Joaquin Community Hospital ($621.3m) and Mymichigan Medical Center Midland ($620.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.5m (0.3% of expenses). Other salaries and wages came to $153.8m. At year end it held assets of $297.0m against liabilities of $88.0m, net assets of $209.0m. It reported 2,629 employees.