E — Health CareEIN: 010223482

Millinocket Regional Hospital

Millinocket, Maine

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.29×
Peer Median8.62×
💰
$31.8M
Total Revenue
📊
$31.7M
Total Expenses
🏦
$9.3M
Net Assets
📋
$6.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.1%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
40.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$31,753,748↓2%$31,725,853$15,581,124↓16%
2022$32,440,411↓5%$31,705,328↑4%$18,486,700↑4%
2021$34,169,661↑11%$30,380,626↓1%$17,691,355↓15%
2020$30,901,221↓4%$30,788,898↓9%$20,845,103↑38%
2019$32,326,807↑1%$33,718,067↓8%$15,058,805↓17%
2018$32,033,619↑2%$36,638,449↑11%$18,070,674↓13%
2017$31,500,606↑12%$32,884,361↑15%$20,745,003↓12%
2016$28,027,790↑8%$28,480,016↑9%$23,656,614↓2%
2015$25,994,380$26,151,948↓4%$24,118,519↓2%
2014$26,024,252↓7%$27,283,895↓1%$24,726,055↑5%
2013$27,957,601↑1%$27,640,700$23,588,914↑1%
2012$27,570,666↓2%$27,744,820↑1%$23,423,125↑7%
2011$28,200,399$27,504,666$21,802,981

Frequently Asked Questions

What does Millinocket Regional Hospital do?▼

Millinocket Regional Hospital is a health care nonprofit organization based in Maine. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Millinocket Regional Hospital financially healthy?▼

Based on our 9-metric Financial Health Score model, Millinocket Regional Hospital has a score of 59/100 (Grade: B). 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 Millinocket Regional Hospital generate?▼

Millinocket Regional Hospital reports $32.2M in annual revenue and holds $16.3M in total assets, based on IRS filings.

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