Macon County General Hospital Inc

Analysis

Macon County General Hospital Inc is a registered charity in United States, based in Lafayette, TN. It received its IRS tax-exemption ruling in October 1978, 48 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, Macon County General Hospital Inc reported income of $20.3m and spending of $19.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.2m to $20.3m (+19%), an average of +4.3% a year. The sharpest change came in the year to September 2021, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Macon County General Hospital Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Community Health and Dental Care Inc ($20.3m), Saint John S Cancer Institute ($20.3m) and Aspirus Stanley Hospital & Clinics Inc ($20.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $33k (0.2% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $17.5m against liabilities of $6.7m, net assets of $10.8m. It reported 262 employees.