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 $23.4m and spending of $22.6m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $19.9m to $23.4m (+17%), an average of +4.1% a year. The sharpest change came in the year to September 2021, when income rose by 26%. Over the whole period it spent 90% 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 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within ME. Charities of a similar size with the same main cause include Boley Centers Inc ($23.3m), Henry Ford Physician Partners ($23.4m) and Affinity Health Center ($23.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.0m (4.5% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $47.4m against liabilities of $28.4m, net assets of $19.0m. It reported 182 employees.