Wellstar North Fulton Hospital Inc

Analysis

Wellstar North Fulton Hospital Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in September 2016, 10 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, Wellstar North Fulton Hospital Inc reported income of $330.4m and spending of $287.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $196.5m to $330.4m (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellstar North Fulton Hospital Inc sits at the 98th percentile: it is larger than about 98% 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 Saint Marys Hospital Inc ($330.2m), Marshall Medical Center ($331.0m) and City of Hope ($330.0m).

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 $2.8m (1.0% of expenses). Other salaries and wages came to $124.4m. At year end it held assets of $465.8m against liabilities of $356.6m, net assets of $109.3m. It reported 1,750 employees.