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 $10.2m and spending of $11.1m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.7m to $10.2m (+34%), an average of +7.5% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 108% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within ME. Charities of a similar size with the same main cause include Meier Clinics Foundation ($10.2m), Ohio State Dental Faculty Practice Inc - John R Kalmar DMD PHD ($10.3m) and My Community Health Center ($10.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $36k (0.3% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $3.4m against liabilities of $7.5m, net assets of -$4.1m. It reported 174 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.