Mary Hitchcock Memorial Hospital: $2.0B Revenue, $1.5B Program Expenses
Lebanon, New Hampshire · EIN 020222140 · Filing year 2023
Mary Hitchcock Memorial Hospital reported $2.0B in total revenue, $1.9B in total expenses, and $2.2B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($1.5B) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (85/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $2.0B
- Total Expenses
- $1.9B
- Program Expenses
- $1.5B
- Program Expense Ratio
- 78.0%
- Total Assets
- $2.2B
- Reserve Months
- 13.9 months
- EIN
- 020222140
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
Mary Hitchcock Memorial Hospital earns an A on the nonprofit efficiency rubric — a top-tier rating that reflects strong program-spending ratios, reasonable executive compensation, and stable financial reserves. The composite score of 85/100 places it in the upper bracket of U.S. tax-exempt organizations.
On revenue, Mary Hitchcock Memorial Hospital is among the largest U.S. nonprofits: $2.0B in 2023 reported revenue. Organizations at this scale typically operate hospitals, university systems, or national federations — the financial pattern looks more like a corporation than the small-charity stereotype. Mary Hitchcock Memorial Hospital directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Five-year revenue trajectory is strongly positive: Mary Hitchcock Memorial Hospital has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Mary Hitchcock Memorial Hospital is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. Revenue-to-program ratios in this category often look different from smaller-program nonprofits because the underlying operations are capital-intensive.
How Mary Hitchcock Memorial Hospital Compares
Mary Hitchcock Memorial Hospital directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 85/100 is 4 points above the Health category average. The organization holds 13.9 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Mary Hitchcock Memorial Hospital, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Mary Hitchcock Memorial Hospital has an Efficiency Score of A (85/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Mary Hitchcock Memorial Hospital, Donor FAQ
Mary Hitchcock Memorial Hospital has an Efficiency Score of A (85/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Mary Hitchcock Memorial Hospital is not reported in the most recent IRS 990 filing on file.
Mary Hitchcock Memorial Hospital reported $2.0B in annual revenue and $1.9B in total expenses for filing year 2023. The organization holds $2.2B in total assets.
For every dollar donated to Mary Hitchcock Memorial Hospital, approximately 78.0 cents goes to program activities. The organization has 13.9 months of operating reserves, providing financial stability to sustain its mission.
Mary Hitchcock Memorial Hospital is a registered 501(c) organization with EIN 020222140, based in Lebanon, New Hampshire. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Health Nonprofits
Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.