Exeter Health Resources

Analysis

Exeter Health Resources is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in January 1937, 89 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Exeter Health Resources reported income of $17.6m and spending of $16.3m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $18.7m to $17.6m (-5.8%), an average of -1.5% a year. The sharpest change came in the year to September 2022, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Exeter Health Resources sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Southern Tier Community Health Center Network Inc ($17.6m), Bridges Healthcare Inc ($17.6m) and Bronson Nursing and Rehabilitation Center ($17.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $5.8m (36% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $280.8m against liabilities of $7.0m, net assets of $273.8m. It reported 33 employees.