Grady Memorial Hospital Corporation
Grady Memorial Hospital Corporation reported $2.69 billion in revenue and $2.43 billion in expenses for calendar year 2024. Of every $100 it spent, $82.70 went to program services, $17.30 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.3% of the total. The highest compensation it reported for one person was $2,698,520 (PRESIDENT/CEO). 2,777 people received more than $100,000 in reportable compensation. Revenue rose 32% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $2.43BFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $2.69BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 8.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.3% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 89.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,698,520 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.11% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 2,777 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expense4a program service -charity, uninsured, underinsured and indigent care: in the 1800's atlanta's indigent sick had no place to go to receive medical treatment for illness or injury. Therefore, a drive was begun to build Grady Memorial Hospital (grady). On june 1, 1892, grady admitted its first patient. As of today, grady continues to be the safety net hospital for the uninsured and underinsured citizens of fulton and dekalb counties and the state of georgia. As the largest safety net hospital in the state and one of the largest in the country, its mission is (1) to provide medical services to…
4b program service -graduate medical education: Grady Memorial Hospital Corporation (gmhc) has affiliation agreements with emory university and morehouse schools of medicine to support the teaching and supervision of residents in the organization, as well as to provide professional clinical and administrative services. In 2024 more than 1,000 residents and fellows from emory and morehouse programs rotated through a broad spectrum of services in the organization. Additionally, hundreds of medical students benefited from training in the organization. Gmhc offers unique learning experiences for…
4c program service - emergency and trauma services: grady operates one of the busiest emergency departments in the eastern united states and the country's largest hospital-based ambulance service. Gmhc operates the only level 1 trauma center in the atlanta metropolitan area which handled 15,037 acute trauma cases in 2024. Additionally, as part of its trauma service, gmhc operates one of only two burn centers in georgia. The nationally acclaimed emergency care center (ecg) handled 148,907 emergency cases in 2024. The emergency room was the intake point for approximately 32,045 of the safety…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 40 hrs/week | $2,659,735 | $0 | $38,785 | $2,698,520 |
| SR EVP/COO/CFO Officer, 40 hrs/week | $1,086,834 | $0 | $44,736 | $1,131,570 |
| SVP/CHIEF ACUTE CARE SURGERY Key employee, 40 hrs/week | $987,623 | $0 | $38,785 | $1,026,408 |
| EVP/CMO Key employee, 40 hrs/week | $965,792 | $0 | $56,912 | $1,022,704 |
| EVP/GENERAL COUNSEL Highest compensated employee, 40 hrs/week | $845,135 | $0 | $47,225 | $892,360 |
| SVP/CIO Highest compensated employee, 40 hrs/week | $734,772 | $0 | $41,304 | $776,076 |
| EVP/CHIEF PEOPLE OFFICER Highest compensated employee, 40 hrs/week | $736,233 | $0 | $32,034 | $768,267 |
| EVP/CHIEF STRATEGY OFFICER Key employee, 40 hrs/week | $746,517 | $0 | $18,114 | $764,631 |
2,777 people received more than $100,000 in reportable compensation from Grady Memorial Hospital Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $12M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 510,675
- Volunteers Part I, line 617
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| EMORY UNIVERSITY Medical services | $172,805,763 |
| MOREHOUSE SCHOOL OF MEDICINE Medical services | $46,683,554 |
| RANDSTAD Outside staffing agency | $28,271,536 |
| SODEXO Management company | $20,743,481 |
Individuals listed as contractors are left out. 190 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Grady Memorial Hospital Corporation totaling $129K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Grady Memorial Hospital Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Grady Memorial Hospital Corporation, you can publish a response that is linked from this page.
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Of every $100 Grady Memorial Hospital Corporation spent in 2024, $82.70 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Northwell HealthcareWestbury, NY · revenue $2.69B · programs 90.9% · 2024
- Temple University HospitalPhiladelphia, PA · revenue $2.73B · programs 88.4% · FY2025
- Sutter HealthSacramento, CA · revenue $2.69B · programs 95.0% · 2024
- Rush University Medical CenterChicago, IL · revenue $2.76B · programs 91.4% · FY2025
- Children's Health System of TexasDallas, TX · revenue $2.66B · programs 78.2% · 2024
Questions people ask
How much of Grady Memorial Hospital Corporation's spending goes to programs?
In calendar year 2024, Grady Memorial Hospital Corporation reported that 82.7% of its $2.43 billion in expenses went to program services, 17.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Grady Memorial Hospital Corporation pay its top executive?
The largest total compensation Grady Memorial Hospital Corporation reported for one person in calendar year 2024 was $2,698,520, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Grady Memorial Hospital Corporation get its money?
Of $2.69 billion in revenue in calendar year 2024, 8.4% came from contributions and grants (including 2.3% from government grants) and 89.3% from program service revenue (Form 990, Part VIII).
Is Grady Memorial Hospital Corporation a registered charity?
The IRS lists EIN 26-2037695 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503189349313160 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349302397 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323179349306667 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349313639 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133169349306233 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023219349304897 · read the filing
All filings for EIN 26-2037695: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.