Blue Hill Memorial Hospital Inc

Analysis

Blue Hill Memorial Hospital Inc is a registered charity in United States, based in Brewer, ME. It received its IRS tax-exemption ruling in April 1935, 91 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, Blue Hill Memorial Hospital Inc reported income of $44.9m and spending of $42.4m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $39.6m to $44.9m (+13%), an average of +3.2% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Blue Hill Memorial Hospital Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within ME. Charities of a similar size with the same main cause include Ebenezer Society ($44.7m), Veterans Care Centers of Oregon ($44.9m) and Community Health Connections Inc ($44.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.3m (3.0% of expenses). Other salaries and wages came to $17.1m. At year end it held assets of $78.6m against liabilities of $41.3m, net assets of $37.3m. It reported 301 employees.