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McLeod Loris Seacoast Hospital

Florence, SC · EIN 45-3576100 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

McLeod Loris Seacoast Hospital reported $466.9 million in revenue and $404.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $97.55 went to program services, $2.45 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: 100.0% of the total. The highest compensation it reported for one person was $2,430,056 (CORPORATE PRESIDENT/CEO). 209 people received more than $100,000 in reportable compensation. Revenue rose 153% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $405M

For 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

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $467M

Other revenue was negative: −$143K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
97.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
2.4%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
0.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
100.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,430,056$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.60%1.34%
People paid over $100,000
Part VII, line 2
20927
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.36.6
Independent voting board members
Part VI 1a–1b
8 of 1588.9%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$395M expenses · 100.0% of program spending · grants $75,000 · revenue $467M

Mcleod Loris Seacoast Hospital is a 205-bed community hospital system located in loris and little river, south carolina. Mcleod Loris Seacoast Hospital operates as part of the overall mcleod health system. On a daily basis, the mcleod health system coordinates the delivery of an all-encompassing array of quality acute care services to the residents of the eastern region of south carolina and the extreme southeastern region of north carolina, regardless of the patients' ability to pay. See also the community benefit report for mcleod health at schedule h

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CORPORATE PRESIDENT/CEO
Officer, 1.0 hrs/week
$0$2,187,646$242,410$2,430,056
CORPORATE SR. VP/CFO - PART YEAR
Director/trustee, officer, 1.0 hrs/week
$0$1,057,761$150,831$1,208,592
CORPORATE COO
Director/trustee, officer, 1.0 hrs/week
$0$1,031,223$125,750$1,156,973
TRUSTEE/STAFF MD-RELATED ORG
Director/trustee, 1.0 hrs/week
$0$1,014,698$31,944$1,046,642
TRUSTEE/STAFF MD-RELATED ORG
Director/trustee, 1.0 hrs/week
$0$932,796$14,104$946,900
TRUSTEE/CHIEF OF STAFF
Director/trustee, 1.0 hrs/week
$0$610,001$9,174$619,175
STAFF PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$585,119$0$24,091$609,210
STAFF PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$561,187$0$36,750$597,937

209 people received more than $100,000 in reportable compensation from McLeod Loris Seacoast Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $870K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$467M$405M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$467M$405M97.6%$381M$2,430,056
FY2024 ⓘ$423M$362M94.1%$320M$2,236,018
FY2023 ⓘ$353M$311M95.4%$258M$1,732,124
FY2022 ⓘ$311M$276M95.1%$216M$1,327,126
FY2021 ⓘ$256M$217M92.7%$181M$1,407,336
FY2020 ⓘ$184M$167M93.1%$142M$811,011

Governance answers, as filed

FY2025 · 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–1b15 · 8 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 11aNo
  • 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 4No
  • 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 52,166
  • Volunteers Part I, line 6359

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
BLAKE CONTRACTING LLC
Construction contractor
$3,231,289
ATLANTIC LITHOTRIPSY
Medical service contractor
$1,506,325
PARAGON CONTRACTING SERVICES LLC
Consulting services
$1,503,159
VIRTUAL NEUROLOGY LLC
Medical service contractor
$1,054,211
DESIGN STRATEGIES LLC
Design/architecture services
$1,012,961

Individuals listed as contractors are left out. 24 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from McLeod Loris Seacoast Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for McLeod Loris Seacoast Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in South Carolina

Questions people ask

How much of McLeod Loris Seacoast Hospital's spending goes to programs?

In the fiscal year ending September 30, 2025, McLeod Loris Seacoast Hospital reported that 97.6% of its $404.9 million in expenses went to program services, 2.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does McLeod Loris Seacoast Hospital pay its top executive?

The largest total compensation McLeod Loris Seacoast Hospital reported for one person in the fiscal year ending September 30, 2025 was $2,430,056, for the role of CORPORATE PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does McLeod Loris Seacoast Hospital get its money?

Of $466.9 million in revenue in the fiscal year ending September 30, 2025, 0.1% came from contributions and grants (including 0.0% from government grants) and 100.0% from program service revenue (Form 990, Part VIII).

Is McLeod Loris Seacoast Hospital a registered charity?

The IRS lists EIN 45-3576100 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

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622269349303057 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532249349302373 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412269349301861 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312279349300021 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232279349303018 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112239349301836 · read the filing

All filings for EIN 45-3576100: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.