Calais Community Hospital

Analysis

Calais Community Hospital is a registered charity in United States, based in Calais, ME. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Calais Community Hospital reported income of $27.4m and spending of $27.1m, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $11.3m to $27.4m (+142%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Calais Community Hospital sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within ME. Charities of a similar size with the same main cause include Huntsman Cancer Foundation ($27.4m), Aspirus Merrill Hospital & Clinics Inc ($27.4m) and Ocean Health Initiatives Inc ($27.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Other salaries and wages came to $10.6m. At year end it held assets of $14.1m against liabilities of $10.0m, net assets of $4.1m. It reported 222 employees.