Brockton Hospital Inc

Analysis

Brockton Hospital Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in November 1983, 43 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, Brockton Hospital Inc reported income of $367.3m and spending of $317.2m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $299.2m to $367.3m (+23%), an average of +5.3% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brockton Hospital Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MA. Charities of a similar size with the same main cause include Medstar Health Inc ($366.7m), Trinity Health & Affiliates ($368.4m) and Mount Auburn Hospital ($366.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.8% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $1.5m (0.5% of expenses). Other salaries and wages came to $126.7m. At year end it held assets of $322.8m against liabilities of $181.8m, net assets of $141.1m. It reported 2,642 employees.