GRADY MEMORIAL HOSPITAL CORPORATION
80 JESSE HILL JR DR SE, ATLANTA, GA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $2,689,147,008 | $2,433,877,422 | $1,777,334,188 |
| FY2023 | $2,356,276,582 | $2,185,617,947 | $1,434,431,319 |
| FY2022 | $2,032,366,950 | $2,013,547,333 | $1,125,100,412 |
| FY2021 | $2,143,155,325 | $2,022,170,744 | $1,005,623,447 |
| FY2020 | $2,249,757,509 | $2,113,919,529 | $865,210,731 |
| FY2019 | $2,032,089,475 | $2,002,314,577 | $713,882,867 |
| FY2018 | $1,629,852,150 | $1,599,231,464 | $604,371,633 |
| FY2017 | $1,494,797,090 | $1,451,927,237 | $569,157,741 |
| FY2016 | $1,444,896,151 | $1,397,176,857 | $506,739,991 |
| FY2015 | $1,230,398,225 | $1,182,824,422 | $449,833,657 |
| FY2014 | $1,196,228,119 | $1,161,932,172 | $411,946,591 |
| FY2013 | $1,047,463,525 | $1,028,144,062 | $379,556,317 |
| FY2012 | $1,025,926,795 | $999,191,603 | $320,454,643 |
| FY2011 | $869,242,475 | $897,683,831 | $289,823,375 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $224,838,794 | 9% |
| Program service revenue | $2,400,497,511 | 91% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $2,012,878,896 | 83% |
| Management & general | $420,998,526 | 17% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 91% of total revenue in FY2024.
- Program services accounted for 83% of functional expenses, management & general 17%, and fundraising 0%.
- 83% of functional expenses went to program services in FY2024. That is higher than 35.9% of 131 Health Care organizations in GA.
- Net assets covered about 8.8 months of expenses at the end of the reporting year. That puts it in the 47th percentile among 505 Health Care organizations in GA.
- Total revenue was higher than 100% of 524 Health Care organizations in GA.
- Total revenue rose from $869,242,475 in FY2011 to $2,689,147,008 in FY2024, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2011).
- Net assets grew from $289,823,375 to $1,777,334,188 between FY2011 and FY2024.
- Contributions and grants made up 15% of revenue in FY2011 and 8% in FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
GRADY HEALTH SYSTEM IMPROVES THE HEALTH OF THE COMMUNITY BY PROVIDING QUALITY, COMPREHENSIVE HEALTHCARE IN A COMPASSIONATE, CULTURALLY COMPETENT, ETHICAL, AND FISCALLY RESPONSIBLE MANNER.
IRS status
| Ruling year | 2008 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care (in GA) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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