Mcleod Health
88% goes to programs $0 to raise $100 Thin reserves Growing revenue
Mcleod Health is a 501(c)(3) organization based in Florence, South Carolina, registered in 2003, with $340,817,246 in FY2023 revenue. CharityIndex grades it C+, and it directs about 88% of spending to programs.
555 E Cheves St, Florence, SC, 29506 EIN 51-0473500 Since 2003
Revenue (FY2023)
$340.8M
▲ 8.8% vs prior year
Health median: $840K
Expenses (FY2023)
$342.6M
Net assets
-$57.6M
Employees
1,483
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating88% to programs · $0 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 Mcleod Health: 88% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -1% 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 Mcleod Health: 0 mo reserves · -1% 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 Mcleod Health: 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 Mcleod Health: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To operate health care system
Contact & location
- Address
- 555 E Cheves St, Florence, SC, 29506
- City
- Florence
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $125.6M (FY2013) to $340.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $292.7MNet assets -$57.6M
Operating margin
-0.5%
Spent more than it raised in the latest fiscal year.
Total assets
$235.1M
Total liabilities
$292.7M
Net assets
-$57.6M
Salaries & benefits
$252.9M
74% of expenses
Board members
23
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $340,817,246▲8.8% | $342,603,028▲8.2% | -$57,595,651▼1.2% | $235,120,749▲54.7% | 990 |
| 2022 | $313,376,956▲11.6% | $316,769,499▲11.9% | -$56,939,667▲0.2% | $152,023,986▼8.0% | 990 |
| 2021 | $280,862,953▲10.2% | $283,186,238▲11.4% | -$57,052,976▼4.2% | $165,330,379▲20.7% | 990 |
| 2020 | $254,765,554▲12.0% | $254,272,149▲11.8% | -$54,729,691▲0.9% | $136,994,943▲2.6% | 990 |
| 2019 | $227,483,510▲2.5% | $227,503,173▲4.8% | -$55,223,096▼150% | $133,500,814▲0.1% | 990 |
| 2018 | $222,028,771▲13.0% | $217,039,536▲9.5% | $110,687,292▲4.7% | $133,302,507▲5.2% | 990 |
| 2017 | $196,512,111▲6.6% | $198,121,802▲9.1% | $105,698,057▼1.5% | $126,760,248▲3.1% | 990 |
| 2016 | $184,300,418▲11.3% | $181,679,609▲10.3% | $107,307,748▲2475% | $122,981,194▲1157% | 990 |
| 2015 | $165,520,708▲18.4% | $164,643,265▲18.5% | -$4,518,179▲16.3% | $9,786,485▲34.8% | 990 |
| 2014 | $139,830,395▲11.3% | $138,977,826▲12.3% | -$5,395,622▲13.6% | $7,258,447▲24.3% | 990 |
| 2013 | $125,648,871 | $123,776,365▲0.8% | -$6,248,191▲23.1% | $5,839,202▲46.0% | 990 |
| 2012 | — | $122,838,263▲15.4% | -$8,120,697▲4.5% | $3,998,549▲35.0% | 990 |
| 2011 | — | $106,412,775▲9.8% | -$8,502,249▼5.5% | $2,962,156▼19.5% | 990 |
| 2010 | — | $96,929,860▲7.0% | -$8,056,263▼3.4% | $3,681,324▲6.6% | 990 |
| 2009 | — | $90,603,849 | -$7,792,489 | $3,452,628 | 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: Donna C Isgett — $2,011,094 (0.59% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Donna C Isgett | President/ceo | 30 | $2,011,094 |
| C Dale Lusk Md | Sr. Vp/exec Medical Officer | 40 | $1,099,090 |
| S Fulton Ervin III | Corporate Sr. Vp/cfo | 30 | $913,300 |
| Matthew Johnson Md | Coo/chief Clinical Officer | 30 | $880,698 |
| Lesli Mcgee | Sr. Vp | 40 | $577,660 |
| Matt Reich | Sr. Vp/ Cio | 40 | $572,657 |
| Michael Rose Md | Sr. Vp | 40 | $567,438 |
| Bryon Frost Md | Vp/chf Med Informatics Officer | 40 | $553,524 |
| Allie E Brooks Jr | Trustee | 1 | — |
| Amit V Pande Md | Trustee/staff Md-related Org | 1 | — |
| Amy Urquhart | Trustee | 1 | — |
| Ashley Brady | Trustee | 1 | — |
| Benjamin T Zeigler | Trustee | 1 | — |
| Beverly S Hazelwood | Trustee | 1 | — |
| Carmen Piccolo Md | Trustee/chief of Staff-mrmc | 1 | — |
| Frances Segars Jones | Trustee | 1 | — |
| Frank J Buddy Brand II | Vice Chair | 1 | — |
| Frank V Boulineau III | Trustee | 1 | — |
| H Sullivan Blair | Trustee | 1 | — |
| James Ch Smith Md | Trustee/staff Md-related Org | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Argos Health Inc | Collection Services | $3,403,554 |
| Optimum Healthcare It LLC | Contract Labor | $2,989,199 |
| Xtend Healthcare | Consulting Services | $2,288,072 |
| Forvis LLP | Consulting Services | $926,527 |
| Visante Consulting | Consulting Services | $863,266 |
Grants received · $7,046 total
1 grant to Mcleod Health totaling $7,046, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Nurse Family Partnership | Grant - sub grantee | 2017 | $7,046 |
Grants made · $150K in FY2014
2 grants totaling $150K in FY2014. All grants made by Mcleod Health →
| Recipient | Purpose | Amount |
|---|---|---|
| Florence-darlington Technical College Foundation Inc | Nursing scholarships | $75,000 |
| Francis Marion University Education Foundation | Nursing scholarships | $75,000 |
Similar organizations in Health
Health
Conway Hospital Inc
Conway, SC
$358.2M
Aannual revenue
Health
Georgetown Memorial Hospital
Georgetown, SC
$267.1M
B+annual revenue
Health
Mcleod Loris Seacoast Hospital
Loris, SC
$422.9M
A+annual revenue
Mcleod Physician Associates II
Florence, SC
$258.0M
Cannual revenue
Waccamaw Community Hospital
Georgetown, SC
$225.6M
Aannual revenue
Health
Prisma Health Tuomey
Greenville, SC
$215.3M
Aannual revenue
Health
Roper Saint Francis Physicians Network
Ladson, SC
$213.0M
Cannual revenue
Georgetown Hospital System
Georgetown, SC
$209.5M
C+annual revenue
Health
Hopehealth Inc
Florence, SC
$200.5M
Aannual revenue
- Health
Greenville Health Corporation
Greenville, SC
$196.3M
B+annual revenue
Compare Mcleod Health
Frequently asked questions
- Is Mcleod Health a legitimate nonprofit?
- Yes. Mcleod Health is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0473500, based in Florence, South Carolina. Donations are tax-deductible.
- What is Mcleod Health's EIN?
- Mcleod Health's Employer Identification Number (EIN) is 51-0473500.
- How much revenue does Mcleod Health report?
- Mcleod Health reported $340,817,246 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mcleod Health's spending goes to programs?
- Mcleod Health spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mcleod Health have?
- CharityIndex grades Mcleod Health C+, based on program efficiency and fundraising cost.
- How much does Mcleod Health's highest-paid employee make?
- The highest reported compensation on Mcleod Health's latest Form 990 is $2,011,094, paid to Donna C Isgett (President/ceo).
More nonprofits in Florence
Explore more
Data for Mcleod Health (EIN 51-0473500) 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.