Georgia Protoncare Center

Analysis

Georgia Protoncare Center is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Georgia Protoncare Center reported income of $38.1m and spending of $82.0m, spending 215% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $26.7m to $38.1m (+43%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 203% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Georgia Protoncare Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Sartori Memorial Hospital Inc ($38.1m), Nami National ($38.2m) and Heartland Health System Inc ($38.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $250k (0.3% of expenses). Other salaries and wages came to $13.5m. At year end it held assets of $253.8m against liabilities of $404.0m, net assets of -$150.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.