Charity Search / NEW ENGLAND BAPTIST HOSPITAL
Health Care (E220) 990 on File

NEW ENGLAND BAPTIST HOSPITAL

EIN: 04-2103612 · CHARLESTOWN, MA 02129-0000 · United States · FY 2024 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$219.3M
Total Revenue
$239.1M
Total Expenses
$179.6M
Net Assets
1369
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.0%
Fundraising Efficiency 505.7%
Operating Reserve 9.01x
Liability-to-Asset 34.8%
Revenue Diversification 94.5%
Executive Compensation $2.9M
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.0% 87.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
12.7% 12.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.3% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
505.7% 565.8%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
9.0 mo 6.1 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
34.8% 44.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
94.5% 96.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
-5.6% 9.1%
P10P90
Expense growth
Year over year expense growth
-0.9% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
-9.0% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $219.3M $239.1M $179.6M 87.0% 1369
2023 $232.4M $241.3M $187.0M 89.2% 1365
2022 $239.2M $230.2M $189.8M 94.9% 1354
2021 $252.7M $224.6M N/A 1435
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Organization Details
EIN
04-2103612
State
MA
City
CHARLESTOWN
ZIP
02129-0000
Classification
E220
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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