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 publicly supported organisation (gross receipts test) 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 $19.2m and spending of $15.7m, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.6m to $19.2m (+66%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 88% 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 88th percentile: it is larger than about 88% 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 Christus Childrens Foundation ($19.2m), Mi Nursing-Restorative Center Inc ($19.2m) and Presbyterian Medical Center of Oakmont Pennsylvania Inc ($19.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Other salaries and wages came to $10.4m. At year end it held assets of $11.6m against liabilities of $3.3m, net assets of $8.3m. It reported 203 employees.