Charity Search / HUGH CHATHAM MEMORIAL HOSPITAL INC
Health Care (E220) 990 on File

HUGH CHATHAM MEMORIAL HOSPITAL INC

EIN: 56-0642846 · ELKIN, NC 28621-2430 · United States · FY 2025 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 10/18/2026
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Financial Overview — FY 2025
$133.7M
Total Revenue
$148.3M
Total Expenses
$153.1M
Net Assets
1208
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 92.2%
Fundraising Efficiency N/A
Operating Reserve 12.39x
Liability-to-Asset 9.2%
Revenue Diversification 93.0%
Executive Compensation $2.9M
Compared with Peers
FY 2025
Compared with 485 similar organizations (United States, Health Care, $100M and over in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
92.2% 87.1%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
7.7% 12.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.1% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
12.4 mo 6.9 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
9.2% 40.7%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
93.0% 95.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
-4.1% 8.1%
P10P90
Expense growth
Year over year expense growth
-13.4% 7.5%
P10P90
Surplus margin
Surplus as a share of revenue
-10.9% 3.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $133.7M $148.3M $153.1M 92.2% 1208
2024 $139.5M $171.2M $163.7M 90.9% 1235
2023 $158.3M $159.6M $174.3M 89.7% 1201
2022 $155.1M $145.8M $179.5M 90.6% 1095
2021 $158.1M $139.6M N/A — 1071
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Organization Details
EIN
56-0642846
State
NC
City
ELKIN
ZIP
28621-2430
Classification
E220
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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