E — Health CareEIN: 042121317

Northeast Hospital Corporation

Beverly, Massachusetts

B+Health Score
72B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.68×
Peer Median0.50×
💰
$464.7M
Total Revenue
📊
$441.0M
Total Expenses
🏦
$300.1M
Net Assets
📋
$156.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.0%
Year-over-year change (2022 → 2023)
Net Margin
+5.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.68
Net assets divided by total expenses
Liabilities-to-Assets
34.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$464,744,704↑1%$441,021,888↑6%$456,862,872↑2%
2022$460,104,090↑9%$416,926,900↑8%$449,917,098↓21%
2021$423,580,610↑3%$386,737,574↑6%$567,670,947↑3%
2020$410,083,162↑5%$364,220,314↑1%$550,055,700↑20%
2019$392,135,115↑3%$361,523,132↑2%$457,646,684↑5%
2018$381,362,503↑1%$353,155,228↑5%$435,700,856↑1%
2017$377,665,694↑8%$337,238,953↑1%$431,233,104↓3%
2016$348,795,345↓1%$332,957,222↓1%$442,760,457↑4%
2015$352,564,776↑4%$337,650,054↑6%$424,505,420↑4%
2014$340,051,187↑2%$318,012,001↑2%$407,659,416↑9%
2013$332,708,110↑3%$312,954,050↑1%$374,551,702↑5%
2012$324,143,827↑2%$311,349,689$355,394,000↑7%
2011$318,028,869$311,860,566$330,792,542

Frequently Asked Questions

What does Northeast Hospital Corporation do?▼

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

Is Northeast Hospital Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Northeast Hospital Corporation has a score of 72/100 (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 Northeast Hospital Corporation generate?▼

Northeast Hospital Corporation reports $537.4M in annual revenue and holds $517.3M in total assets, based on IRS filings.

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