Last Mile Health

Analysis

Last Mile Health is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Last Mile Health reported income of $45.0m and spending of $27.2m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.8m to $45.0m (+106%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 140%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Last Mile Health sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Lakeville Surgery PC ($45.0m), Complete Care Community Health Center Inc ($45.1m) and Birch Tree Communities Inc ($44.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $1.2m (4.5% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $37.2m against liabilities of $2.4m, net assets of $34.8m. It reported 72 employees.