Eastern Maine Healthcare Systems

Analysis

Eastern Maine Healthcare Systems is a registered charity in United States, based in Brewer, ME. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Eastern Maine Healthcare Systems reported income of $82.2m and spending of $84.7m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $69.7m to $82.2m (+18%), an average of +4.2% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eastern Maine Healthcare Systems sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within ME. Charities of a similar size with the same main cause include Piedmont Health Services Inc ($82.1m), William F Ryan Community Health Center Inc ($82.2m) and Corewell Health ($82.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.4% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $2.0m (2.3% of expenses). Other salaries and wages came to $33.9m. At year end it held assets of $45.6m against liabilities of $51.8m, net assets of -$6.3m. It reported 566 employees.