Piedmont Walton Hospital Inc

Analysis

Piedmont Walton Hospital Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2019, 7 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, Piedmont Walton Hospital Inc reported income of $145.8m and spending of $105.1m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $58.3m to $145.8m (+150%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Piedmont Walton Hospital Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Childrens Healthcare of Atlanta Inc ($145.6m), McLaren Lapeer Region ($146.0m) and Aspirus Stevens Point Hospital & Clinics Inc ($145.5m).

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 $464k (0.4% of expenses). Other salaries and wages came to $36.4m. At year end it held assets of $70.1m against liabilities of $58.5m, net assets of $11.6m. It reported 666 employees.