Chatuge Regional Hospital Inc

Analysis

Chatuge Regional Hospital Inc is a registered charity in United States, based in Hiawassee, GA. It received its IRS tax-exemption ruling in October 2000, 26 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, Chatuge Regional Hospital Inc reported income of $33.5m and spending of $30.2m, spending 90% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $26.2m to $33.5m (+28%), an average of +6.4% a year. The sharpest change came in the year to April 2022, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chatuge Regional Hospital Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include St Johnland Nursing Center Inc ($33.5m), Ur Medicine Home Care Certified Services Inc ($33.5m) and New River Health Association Inc ($33.5m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 6.9% and program service revenue 91% of the total. Other salaries and wages came to $14.6m. At year end it held assets of $15.4m against liabilities of $3.6m, net assets of $11.8m. It reported 376 employees.