Redington Memorial Hospital Association
Skowhegan, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $2,385,577↑51% | $1,097,611↑22% | $36,970,614↑10% | — |
| 2023 | $1,575,337↓37% | $898,728↓19% | $33,713,313↑5% | — |
| 2022 | $2,508,848↑5% | $1,106,630↑32% | $32,233,915↓9% | — |
| 2021 | $2,383,923↑242% | $840,012↓11% | $35,554,390↑23% | — |
| 2020 | $696,305↓63% | $944,194↑11% | $28,861,210↓5% | — |
| 2019 | $1,906,875↑14% | $847,945↑22% | $30,326,135↑2% | — |
| 2018 | $1,669,669↑22% | $694,060↑6% | $29,732,842↑3% | — |
| 2017 | $1,365,203↓21% | $654,113↓37% | $28,988,681↑9% | — |
| 2016 | $1,734,414↓20% | $1,045,679↑50% | $26,661,388↓5% | — |
| 2015 | $2,159,115↑28% | $698,534↑301% | $28,042,632 | — |
| 2014 | $1,689,660↑31% | $174,144↓19% | $28,173,130↑10% | — |
| 2013 | $1,284,974↑95% | $215,590↑57% | $25,562,338↓1% | — |
| 2012 | $658,529↑462% | $137,249↓96% | $25,823,571↓6% | — |
| 2011 | $117,267 | $3,166,674 | $27,549,654 | — |
Frequently Asked Questions
What does Redington Memorial Hospital Association do?▼
Redington Memorial Hospital Association is a health care nonprofit organization based in Maine. It is classified under NTEE code E22I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Redington Memorial Hospital Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Redington Memorial Hospital Association has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Redington Memorial Hospital Association generate?▼
Redington Memorial Hospital Association reports $3.1M in annual revenue and holds $39.4M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Health Care category, or browse all nonprofits in Maine.