Athol Memorial Hospital NMTC Holdings Inc

Analysis

Athol Memorial Hospital NMTC Holdings Inc is a registered charity in United States, based in Gardner, MA. It received its IRS tax-exemption ruling in September 2017, 9 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Athol Memorial Hospital NMTC Holdings Inc reported income of $644k and spending of $721k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $109k to $644k (+489%), an average of +56% a year. The sharpest change came in the year to September 2020, when income rose by 438%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Athol Memorial Hospital NMTC Holdings Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Adirondack Samaritan Licensed Clinical Social Work PC ($644k), Michigan United Cerebral Palsy ($644k) and Continuum Care Center ($644k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $17.7m against liabilities of $16.7m, net assets of $1.0m.