Marin General Hospital

Analysis

Marin General Hospital is a registered charity in United States, based in Greenbrae, CA. It received its IRS tax-exemption ruling in March 1986, 40 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 December 2023, Marin General Hospital reported income of $590.0m and spending of $580.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $439.8m to $590.0m (+34%), an average of +7.6% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marin General Hospital sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Baylor All Saints Medical Center ($588.6m), Advocate Health Care Network ($592.0m) and Garnet Health Medical Center ($586.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $6.4m (1.1% of expenses). Other salaries and wages came to $216.4m. At year end it held assets of $660.8m against liabilities of $469.7m, net assets of $191.1m. It reported 2,157 employees.