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 supporting 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 $13.7m and spending of $14.8m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.8m to $13.7m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2021, when income rose by 128%. Over the whole period it spent 84% 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 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within ME. Charities of a similar size with the same main cause include Prisma Community Care ($13.7m), Madison County Hospital Health Systems Inc ($13.7m) and Easterseals Central Illinois ($13.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 55% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $880k (5.9% of expenses). It paid $44k in professional fundraising fees. At year end it held assets of $91.8m against liabilities of $1.6m, net assets of $90.3m.