Georgetown Memorial Hospital
81% goes to programs $47 to raise $100 Growing revenue
Georgetown Memorial Hospital is a 501(c)(3) organization based in Georgetown, South Carolina, registered in 1959, with $267,117,739 in FY2023 revenue. CharityIndex grades it B+, and it directs about 81% of spending to programs.
Po Box 421718, Georgetown, SC, 29442 EIN 57-0341194 Since 1959
Revenue (FY2023)
$267.1M
▲ 23.9% vs prior year
Health median: $840K
Expenses (FY2023)
$246.5M
Net assets
$53.7M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating81% to programs · $47 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 Memorial Hospital: 81% to programs · $47 to raise $100 earns a B on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · +8% 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 Memorial Hospital: 3 mo reserves · +8% margin earns a B 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 Memorial Hospital: 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 Memorial Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide high quality healthcare to the citizens of georgetown co. and surrounding areas.
Contact & location
- Address
- Po Box 421718, Georgetown, SC, 29442
- City
- Georgetown
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $160.4M (FY2013) to $267.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $12.0MNet assets $53.7M
Operating margin
7.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$65.8M
Total liabilities
$12.0M
Net assets
$53.7M
Salaries & benefits
$52.2M
21% of expenses
Board members
17
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $267,117,739▲23.9% | $246,540,478▲21.4% | $53,747,337▼43.2% | $65,793,414▼84.0% | 990 |
| 2022 | $215,607,441▼2.7% | $203,101,052▲5.1% | $94,665,777▼19.4% | $409,946,073▲7.7% | 990 |
| 2021 | $221,697,740▲4.2% | $193,244,262▲8.8% | $117,431,330▼32.1% | $380,747,584▼18.1% | 990 |
| 2020 | $212,821,150▲25.4% | $177,567,792▲4.0% | $172,822,236▼2.1% | $465,019,345▲4.6% | 990 |
| 2019 | $169,776,299▼6.7% | $170,758,731▲4.5% | $176,532,055▼17.4% | $444,383,449▲10.6% | 990 |
| 2018 | $181,983,070▲8.0% | $163,410,004▲8.0% | $213,761,361▼2.3% | $401,767,363▲1.5% | 990 |
| 2017 | $168,539,088▼3.8% | $151,279,169▼12.6% | $218,794,977▼0.9% | $395,921,974▲6.7% | 990 |
| 2016 | $175,243,965▲7.8% | $172,995,643▲15.7% | $220,872,540▲4.8% | $370,972,177▲4.3% | 990 |
| 2015 | $162,498,102▼4.4% | $149,468,055▼3.1% | $210,812,542▼1.6% | $355,514,624▲6.6% | 990 |
| 2014 | $169,923,305▲5.9% | $154,294,149▲10.0% | $214,349,161▼7.1% | $333,377,828▲7.3% | 990 |
| 2013 | $160,415,842 | $140,295,152▲5.3% | $230,712,295▼8.6% | $310,636,706▼3.4% | 990 |
| 2012 | — | $133,273,122▲2.4% | $252,424,378▲12.5% | $321,489,492▲5.4% | 990 |
| 2011 | — | $130,212,483▲11.2% | $224,415,046▲7.6% | $305,120,886▲7.6% | 990 |
| 2010 | — | $117,139,729▼6.7% | $208,512,878▲0.9% | $283,539,480▼1.3% | 990 |
| 2009 | — | $125,490,864 | $206,749,757 | $287,164,867 | 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: Darrell Willm — $154,508 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Darrell Willm | Sr Director Pharmacy | 28 | $154,508 |
| Kelly Edwards | Director Pharmacy | 24 | $125,469 |
| Lesley Hastings | Sr Director Surgical Svcs | 20 | $85,891 |
| Charles Foxworth | Pharmacy Manager | 20 | $83,818 |
| Melanie Warren | Senior Director | 20 | $79,560 |
| Dr Desmond Young | Vice Chief of Staff & Physician | 0.5 | $13,204 |
| Dr Michael J Ratliffe | Chief of Staff & Physician | 0.5 | $12,587 |
| Dr Christine Gerber | Trustee & Physician | 0.5 | $9,048 |
| Bruce Bailey | President & Ceo | 1 | — |
| Dr Christopher Bach | Trustee & Physician | 0.5 | — |
| Dr Marthena Morant | Secretary/treasurer | 0.5 | — |
| Elizabeth Ward | Executive Vice President & Cfo | 1 | — |
| Gayle Resetar | Executive Vice President & Coo | 1 | — |
| Mr Daniel Scheffing | Chairman | 0.5 | — |
| Mr Dan Stacy Jr | Trustee | 0.5 | — |
| Mr Francis B Ford Jr | Vice Chairman | 0.5 | — |
| Mr J Edward Norris III | Trustee | 0.5 | — |
| Mr Julian A Reynolds Jr | Trustee | 0.5 | — |
| Mr Mark Nash | Trustee | 0.5 | — |
| Mr Robert L Jones | Trustee | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Qualivis LLC | Contract Clinical Staff | $5,048,214 |
| Sodexo Inc & Affiliates | Dietary & Housekeeping | $3,411,426 |
| Palmetto Emergency Physicians | Emergency Physician Services | $3,350,898 |
| Georgetown Anesthesia | Anesthesia Services | $1,610,789 |
| Laboratory Corporation of America | Laboratory Services | $1,269,434 |
Grants received · $219K total
13 grants to Georgetown Memorial Hospital totaling $219K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2023 | $11,000 |
| Donor Advised Charitable Giving | Health | 2022 | $11,000 |
| Donor Advised Charitable Giving | Health | 2021 | $11,100 |
| The Community Foundation For Greater Atlanta Inc | Health care | 2020 | $25,000 |
| Donor Advised Charitable Giving | Health | 2020 | $12,000 |
| Donor Advised Charitable Giving | Health | 2020 | $12,000 |
| Donor Advised Charitable Giving | Health | 2019 | $10,000 |
| Donor Advised Charitable Giving | Health | 2018 | $10,000 |
| Donor Advised Charitable Giving | Health & human services | 2017 | $10,000 |
| Donor Advised Charitable Giving | Health & human services | 2016 | $10,000 |
| Patient Access Network Foundation | Patient assistance | 2015 | $48,219 |
| Donor Advised Charitable Giving | Health & human services | 2015 | $10,000 |
| Patient Access Network Foundation | Patient assistance | 2014 | $38,186 |
Grants made · $210K in FY2022
8 grants totaling $210K in FY2022. All grants made by Georgetown Memorial Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Black River United Way | Operational support | $50,000 |
| Helping Hands of Georgetown | Operational support | $40,000 |
| Smith Medical Clinic Inc | Operational support | $25,000 |
| Myrtle Beach Area Chamber of Commerce | Operational support | $25,000 |
| Partnership Grand Strand | Operational support | $25,000 |
| Brookgreen Gardens | Operational support | $20,000 |
| Healthy Learners | Operational support | $15,000 |
| American Cancer Society Inc | Operational support | $10,000 |
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Frequently asked questions
- Is Georgetown Memorial Hospital a legitimate nonprofit?
- Yes. Georgetown Memorial Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-0341194, based in Georgetown, South Carolina. Donations are tax-deductible.
- What is Georgetown Memorial Hospital's EIN?
- Georgetown Memorial Hospital's Employer Identification Number (EIN) is 57-0341194.
- How much revenue does Georgetown Memorial Hospital report?
- Georgetown Memorial Hospital reported $267,117,739 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Georgetown Memorial Hospital's spending goes to programs?
- Georgetown Memorial Hospital spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Georgetown Memorial Hospital have?
- CharityIndex grades Georgetown Memorial Hospital B+, based on program efficiency and fundraising cost.
- How much does Georgetown Memorial Hospital's highest-paid employee make?
- The highest reported compensation on Georgetown Memorial Hospital's latest Form 990 is $154,508, paid to Darrell Willm (Sr Director Pharmacy).
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Data for Georgetown Memorial Hospital (EIN 57-0341194) 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.