Georgetown Hospital System
Only 58% goes to programs $144 to raise $100 Growing revenue
Georgetown Hospital System is a 501(c)(3) organization based in Georgetown, South Carolina, registered in 2003, with $209,535,740 in FY2023 revenue. CharityIndex grades it C+, and it directs about 58% of spending to programs.
606 Black River Rd, Georgetown, SC, 29440 EIN 02-0598440 Since 2003
Revenue (FY2023)
$209.5M
▲ 133.1% vs prior year
Health median: $840K
Expenses (FY2023)
$267.9M
Net assets
$111.5M
Employees
2,735
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →BProgram efficiency40% of the rating58% to programs · $144 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Georgetown Hospital System: 58% to programs · $144 to raise $100 earns a B on this criterion. See the exact thresholds →
DFinancial health25% of the rating5 mo reserves · -28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Georgetown Hospital System: 5 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Georgetown Hospital System: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Georgetown Hospital System: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Healthcare
Contact & location
- Address
- 606 Black River Rd, Georgetown, SC, 29440
- City
- Georgetown
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $13.9M (FY2013) to $209.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $502.9MNet assets $111.5M
Operating margin
-27.9%
Spent more than it raised in the latest fiscal year.
Total assets
$614.4M
Total liabilities
$502.9M
Net assets
$111.5M
Salaries & benefits
$140.2M
52% of expenses
Board members
23
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $209,535,740▲133% | $267,914,359▲145% | $111,508,904▲30.9% | $614,365,253▲472% | 990 |
| 2022 | $89,905,859▲66.5% | $109,159,488▲0.2% | $85,164,061▲42.2% | $107,401,946▲41.8% | 990 |
| 2021 | $54,013,059▼30.9% | $108,906,224▲17.2% | $59,902,929▼1.4% | $75,752,036▲0.4% | 990 |
| 2020 | $78,168,035▲68.6% | $92,923,417▲25.9% | $60,757,381▲91.6% | $75,419,606▲74.0% | 990 |
| 2019 | $46,360,076▲39.5% | $73,796,179▲29.5% | $31,715,680▲50.1% | $43,347,799▲44.9% | 990 |
| 2018 | $33,236,857▼20.1% | $56,969,713▲18.6% | $21,129,719▼3.2% | $29,916,069▲3.1% | 990 |
| 2017 | $41,610,588▲74.2% | $48,029,565▲14.5% | $21,837,365▲235% | $29,027,760▲136% | 990 |
| 2016 | $23,889,396▲13.5% | $41,952,455▲20.4% | $6,508,910▲9.8% | $12,275,606▲46.6% | 990 |
| 2015 | $21,057,104▲0.1% | $34,842,368▲3.3% | $5,926,795▲25.5% | $8,372,830▼1.2% | 990 |
| 2014 | $21,044,401▲51.8% | $33,739,176▲34.1% | $4,722,993▲32.1% | $8,478,062▼16.4% | 990 |
| 2013 | $13,862,586 | $25,151,181▲24.8% | $3,576,641▲118% | $10,137,609▲9.1% | 990 |
| 2012 | — | $20,157,811▲48.0% | -$19,344,663▼95.9% | $9,291,306▲72.8% | 990 |
| 2011 | — | $13,624,657▲95.8% | -$9,877,095▼187% | $5,377,663▲43.6% | 990 |
| 2010 | — | $6,956,988▲82.7% | -$3,440,298▼534% | $3,746,107▲6.9% | 990 |
| 2009 | — | $3,808,676 | -$542,718 | $3,505,742 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Dr Catherine Burbage — $1,325,062 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Catherine Burbage | Physician | 40 | $1,325,062 |
| Dr Malcom Eggart | Physician | 40 | $1,265,184 |
| Dr Nitesh J Ainani | Physician | 40 | $1,239,236 |
| William Greer | Physician | 40 | $1,136,659 |
| Dr Christopher Bach | Trustee & Physician | 42 | $1,116,604 |
| Dr Jesse Lewis | Physician | 40 | $1,056,548 |
| Bruce Bailey | President & Ceo | 40 | $699,234 |
| Phil Dulberger | Executive Vice President & Chief Physician Executive | 40 | $575,241 |
| Elizabeth Ward | Executive Vice President & Cfo | 40 | $497,045 |
| Gayle Resetar | Executive Vice President & Coo | 40 | $467,602 |
| Dr Christine Gerber | Trustee & Physician | 2 | — |
| Dr Desmond Young | Vice Chief of Staff & Physician | 2 | — |
| Dr Eugene Hong | Trustee | 2 | — |
| Dr Marthena Morant | Trustee | 2 | — |
| Dr Michael J Ratliffe | Chief of Staff & Physician | 2 | — |
| Dr Patrick Cawley | Trustee | 2 | — |
| Dr Paul Davis | Trustee | 2 | — |
| Mr Daniel Scheffing | Vice Chairman | 2 | — |
| Mr Dan Stacy Jr | Trustee | 2 | — |
| Mr Francis B Ford Jr | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Coastal Structures Corporation | Construction | $6,211,670 |
| Nelson Mullins Riley & Scarborough | Legal Services | $6,059,783 |
| The Chartis Group LLC | Consulting | $3,422,163 |
| Fti Consulting | Billing Services | $2,132,048 |
| Getixhealth LLC | Billing Services | $1,876,671 |
Grants made · $198K in FY2023
9 grants totaling $198K in FY2023. All grants made by Georgetown Hospital System →
| Recipient | Purpose | Amount |
|---|---|---|
| Black River United Way | Operational support | $70,000 |
| Smith Medical Clinic Inc | Operational support | $50,000 |
| Brookgreen Gardens | Operational support | $20,000 |
| Healthy Learners | Operational support | $15,000 |
| YMCA of Coastal Carolina | Operational support | $11,500 |
| Ground Zero Ministries Inc | Operational support | $10,500 |
| American Cancer Society Inc | Operational support | $10,000 |
| Alliance For Healthier Sc | Operational support | $5,500 |
| Coastal Educational Foundation Incorporated | Operational support | $5,500 |
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Frequently asked questions
- Is Georgetown Hospital System a legitimate nonprofit?
- Yes. Georgetown Hospital System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0598440, based in Georgetown, South Carolina. Donations are tax-deductible.
- What is Georgetown Hospital System's EIN?
- Georgetown Hospital System's Employer Identification Number (EIN) is 02-0598440.
- How much revenue does Georgetown Hospital System report?
- Georgetown Hospital System reported $209,535,740 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Georgetown Hospital System's spending goes to programs?
- Georgetown Hospital System spends about 58% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Georgetown Hospital System have?
- CharityIndex grades Georgetown Hospital System C+, based on program efficiency and fundraising cost.
- How much does Georgetown Hospital System's highest-paid employee make?
- The highest reported compensation on Georgetown Hospital System's latest Form 990 is $1,325,062, paid to Dr Catherine Burbage (Physician).
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Data for Georgetown Hospital System (EIN 02-0598440) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.