Brattleboro Memorial Hospital

Analysis

Brattleboro Memorial Hospital is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in April 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 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, Brattleboro Memorial Hospital reported income of $111.6m and spending of $113.2m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $88.8m to $111.6m (+26%), an average of +5.9% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brattleboro Memorial Hospital sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VT. Charities of a similar size with the same main cause include International Medical Relief ($111.6m), Peak Vista Community Health Centers ($111.6m) and Terence Cardinal Cooke Health Care Center ($111.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.8m (1.6% of expenses). Other salaries and wages came to $46.6m. At year end it held assets of $103.9m against liabilities of $35.0m, net assets of $68.9m. It reported 805 employees.