Hugh Chatham Memorial Hospital Inc
180 Parkwood Dr, Elkin, NC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $133,746,492 | $148,276,122 | $153,126,167 |
| FY2024 | $139,460,394 | $171,234,558 | $163,655,587 |
| FY2023 | $158,347,937 | $159,591,960 | $174,331,786 |
| FY2022 | $155,071,046 | $145,782,846 | $179,457,476 |
| FY2021 | $158,103,524 | $139,604,302 | $205,900,535 |
| FY2020 | $139,242,159 | $126,593,608 | $172,207,261 |
| FY2019 | $129,645,236 | $121,152,513 | $159,316,138 |
| FY2018 | $123,674,410 | $114,740,340 | $159,520,868 |
| FY2017 | $121,265,777 | $107,626,861 | $148,342,671 |
| FY2016 | $114,081,752 | $107,946,867 | $125,446,952 |
| FY2015 | $113,537,985 | $103,338,012 | $121,225,739 |
| FY2014 | $107,967,136 | $97,491,063 | $119,716,279 |
| FY2013 | $108,310,711 | $103,896,348 | $110,324,157 |
| FY2012 | $111,341,571 | $103,084,385 | $101,111,466 |
Form 990 filings
The returns filed by Hugh Chatham Memorial Hospital Inc (EIN 56-0642846), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $913,523 | 1% |
| Program service revenue | $124,381,388 | 93% |
| Other revenue | $8,451,581 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $136,660,090 | 92% |
| Management & general | $11,474,939 | 8% |
| Fundraising | $141,093 | <1% |
What the numbers show
- Program service revenue made up 93% of total revenue in FY2025.
- Program services accounted for 92% of functional expenses, management & general 8%, and fundraising 0%.
- 92% of functional expenses went to program services in FY2025. That is higher than 76.1% of 92 Health Care organizations in NC.
- Net assets covered about 12.4 months of expenses at the end of the reporting year. That puts it in the 50th percentile among 512 Health Care organizations in NC.
- Total revenue was higher than 93.7% of 524 Health Care organizations in NC.
- Total revenue rose from $111,341,571 in FY2012 to $133,746,492 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2023, FY2024, FY2025).
- The highest revenue on record here is $158,347,937 in FY2023.
- Net assets grew from $101,111,466 to $153,126,167 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
TO PROVIDE BIRTHING AND ACUTE CARE SERVICES IN ADDITION TO SKILLED NURSING, RETIREMENT COMMUNITY, HOME HEALTH, AND HOSPICE SERVICES PRIMARILY TO THE RESIDENTS OF AND SURROUNDING COUNTIES TO SURRY COUNTY, NORTH CAROLINA.
IRS status
| Ruling year | 1932 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in NC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Legacy Healthcare Services Inc — Raleigh, NC · $139,332,034
- Easter Seals Ucp North Carolina & Virginia Inc — Raleigh, NC · $142,997,456
- Wake Forest Emergency Providers — Winstonsalem, NC · $118,762,167
- Daymark Recovery Services Inc — Salisbury, NC · $117,920,654
- Atrium Health Foundation — Charlotte, NC · $150,109,810
- The Outer Bank Hospital Inc — Greenville, NC · $154,950,522
- Wrmc Hospital Operating Corporation — N Wilkesboro, NC · $156,144,073
- Alamance Regional Medical Center — Greensboro, NC · $107,512,685
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.