Beth Israel Deaconess Hospital- Milton Inc

Analysis

Beth Israel Deaconess Hospital- Milton Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in April 1952, 74 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, Beth Israel Deaconess Hospital- Milton Inc reported income of $152.1m and spending of $154.0m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $128.0m to $152.1m (+19%), an average of +4.4% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beth Israel Deaconess Hospital- Milton Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Hutchinson Regional Medical Center Inc ($152.0m), Lakeview Medical Center Inc of Rice Lake ($152.6m) and St John Health System Inc ($151.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $499k (0.3% of expenses). Other salaries and wages came to $53.0m. It paid $19k in professional fundraising fees. At year end it held assets of $171.7m against liabilities of $60.4m, net assets of $111.3m. It reported 1,139 employees.