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 $70.0m and spending of $68.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $63.9m to $70.0m (+9.6%), an average of +2.3% a year. Over the whole period it spent 91% 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 Turning Point of Central California Inc ($70.0m), Lifestream Behavioral Center Inc ($70.1m) and St Josephs Hospital Breese of the Hospital Sisters of the Third Orde ($70.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.2m (3.2% of expenses). Other salaries and wages came to $38.1m. At year end it held assets of $109.7m against liabilities of $68.9m, net assets of $40.7m. It reported 814 employees.