Waccamaw Community Hospital
80% goes to programs $0 to raise $100 Strong reserves
Waccamaw Community Hospital is a 501(c)(3) organization based in Georgetown, South Carolina, registered in 2003, with $225,624,428 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
Po Box 421718, Georgetown, SC, 29442 EIN 04-3633263 Since 2003
Revenue (FY2023)
$225.6M
▲ 9.5% vs prior year
Health median: $840K
Expenses (FY2023)
$199.6M
Net assets
$261.4M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating80% 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 Waccamaw Community Hospital: 80% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +12% 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 Waccamaw Community Hospital: 16 mo reserves · +12% margin earns a A 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 Waccamaw Community 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 Waccamaw Community 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 $171.0M (FY2013) to $225.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $12.5MNet assets $261.4M
Operating margin
11.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$273.9M
Total liabilities
$12.5M
Net assets
$261.4M
Salaries & benefits
$61.2M
31% of expenses
Board members
17
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $225,624,428▲9.5% | $199,585,171▲6.3% | $261,358,627▲11.1% | $273,882,096▼23.8% | 990 |
| 2022 | $206,137,069▼2.0% | $187,785,289▼2.9% | $235,285,440▲8.5% | $359,318,821▲10.2% | 990 |
| 2021 | $210,279,664▲0.9% | $193,346,538▲11.7% | $216,933,660▲8.5% | $326,122,356▲1.7% | 990 |
| 2020 | $208,425,565▲13.1% | $173,165,156▲11.1% | $200,000,534▲21.4% | $320,687,965▲5.9% | 990 |
| 2019 | $184,286,878▲0.6% | $155,925,814▼7.8% | $164,740,125▲20.8% | $302,710,357▲24.5% | 990 |
| 2018 | $183,195,041▲3.2% | $169,057,316▲1.3% | $136,325,061▲11.6% | $243,196,773▲16.2% | 990 |
| 2017 | $177,496,700▼0.7% | $166,820,858▼6.7% | $122,187,336▲9.6% | $209,283,391▲8.9% | 990 |
| 2016 | $178,722,107▲0.4% | $178,709,310▲8.4% | $111,511,494 | $192,152,854▼1.3% | 990 |
| 2015 | $178,002,152▼2.7% | $164,918,408▲2.0% | $111,498,697▲13.3% | $194,764,651▲5.0% | 990 |
| 2014 | $182,870,749▲6.9% | $161,631,801▲2.7% | $98,414,953▲27.5% | $185,448,371▲13.5% | 990 |
| 2013 | $170,998,959 | $157,446,920▲4.1% | $77,176,005▲21.3% | $163,461,000▲2.6% | 990 |
| 2012 | — | $151,230,503▲4.1% | $63,623,966▲25.3% | $159,274,879▲6.9% | 990 |
| 2011 | — | $145,256,518▲6.4% | $50,773,192▲29.2% | $149,033,910▲18.8% | 990 |
| 2010 | — | $136,473,428▲8.7% | $39,306,417▲37.5% | $125,448,581▲15.7% | 990 |
| 2009 | — | $125,603,047 | $28,593,772 | $108,416,109 | 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: Catherine Gillespie — $179,070 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Catherine Gillespie | Physician Assistant | 40 | $179,070 |
| Kirsi Matthews | Pharmacy Coordinator | 40 | $175,497 |
| Lesley Hastings | Sr Director Surgical Svcs | 20 | $85,891 |
| Kelly Edwards | Director Pharmacy | 16 | $83,646 |
| Darrell Willm | Sr Director Pharmacy | 12 | $66,218 |
| 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 | Trustee | 0.5 | — |
| Elizabeth Ward | Executive Vice President & Cfo | 1 | — |
| Gayle Resetar | Executive Vice President & Coo | 1 | — |
| Mr Daniel Scheffing | Trustee | 0.5 | — |
| Mr Dan Stacy Jr | Trustee | 0.5 | — |
| Mr Francis B Ford Jr | Trustee | 0.5 | — |
| Mr J Edward Norris III | Trustee | 0.5 | — |
| Mr Julian A Reynolds Jr | Chairman | 0.5 | — |
| Mr Mark Nash | Trustee | 0.5 | — |
| Mr Robert L Jones | Vice Chairman | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc | Dietary & Housekeeping | $5,167,779 |
| Palmetto Emergency Physicians | Emergency Physician Services | $4,675,402 |
| Inlet Anesthesia Consultants | Anesthesia Services | $3,173,170 |
| Qualivis LLC | Contract Clinical Staff | $2,543,997 |
| Laboratory Corporation of America | Laboratory Services | $1,649,937 |
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Compare Waccamaw Community Hospital
Frequently asked questions
- Is Waccamaw Community Hospital a legitimate nonprofit?
- Yes. Waccamaw Community Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3633263, based in Georgetown, South Carolina. Donations are tax-deductible.
- What is Waccamaw Community Hospital's EIN?
- Waccamaw Community Hospital's Employer Identification Number (EIN) is 04-3633263.
- How much revenue does Waccamaw Community Hospital report?
- Waccamaw Community Hospital reported $225,624,428 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Waccamaw Community Hospital's spending goes to programs?
- Waccamaw Community Hospital spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Waccamaw Community Hospital have?
- CharityIndex grades Waccamaw Community Hospital A, based on program efficiency and fundraising cost.
- How much does Waccamaw Community Hospital's highest-paid employee make?
- The highest reported compensation on Waccamaw Community Hospital's latest Form 990 is $179,070, paid to Catherine Gillespie (Physician Assistant).
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Data for Waccamaw Community Hospital (EIN 04-3633263) 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.