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 publicly supported organisation (gross receipts test) 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 $62.0m and spending of $54.8m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $44.3m to $62.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to September 2021, when income rose by 26%. Over the whole period it spent 87% 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 94th 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 Childrens Hospital of Chicago Medical Center ($61.9m), Carle West Physician Group Inc ($62.1m) and Baylor Health Care System ($61.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.0m (1.9% of expenses). Other salaries and wages came to $22.7m. At year end it held assets of $78.7m against liabilities of $14.7m, net assets of $64.0m. It reported 423 employees.