Chi Memorial Hospital - Georgia

Analysis

Chi Memorial Hospital - Georgia is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1946, 80 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, Chi Memorial Hospital - Georgia reported income of $21.5m and spending of $26.9m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.0m to $21.5m (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 147% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chi Memorial Hospital - Georgia 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 96th percentile within AZ. Charities of a similar size with the same main cause include Easter Seals Hawaii ($21.5m), Pawhuska Hospital Inc ($21.5m) and Greater Seacoast Community Health ($21.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Other salaries and wages came to $9.7m. At year end it held assets of $31.7m against liabilities of $74.4m, net assets of -$42.7m. It reported 380 employees.

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.