Boston Medical Center Health Plan INC
Charlestown, Massachusetts
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 354 peers in Health Care with >$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,137,750,808↑36% | $4,017,725,145↑34% | $1,661,209,313↑31% | — |
| 2022 | $3,051,766,108↑6% | $2,998,522,488↑8% | $1,269,835,591↑26% | — |
| 2021 | $2,874,782,064↑4% | $2,769,194,815↑3% | $1,006,404,859↑32% | — |
| 2020 | $2,754,286,124↑4% | $2,684,230,842↑1% | $765,181,113↑45% | — |
| 2019 | $2,660,517,755↑28% | $2,664,525,014↑29% | $529,003,106 | — |
| 2018 | $2,076,590,608↑27% | $2,073,442,438↑27% | $530,028,851↑13% | — |
| 2017 | $1,639,576,890↑4% | $1,632,103,887↑4% | $470,392,724 | — |
| 2016 | $1,569,327,295↓4% | $1,576,073,465↓1% | $468,374,008↑9% | — |
| 2015 | $1,640,398,973↓4% | $1,599,070,924↓9% | $429,520,379↑17% | — |
| 2014 | $1,711,757,566↑25% | $1,757,523,032↑30% | $367,109,249↑3% | — |
| 2013 | $1,372,748,755↑14% | $1,356,579,990↑12% | $356,082,737↓7% | — |
| 2012 | $1,200,185,956↓9% | $1,214,444,980↓1% | $382,093,088↓10% | — |
| 2011 | $1,323,670,904 | $1,229,091,584 | $422,923,234 | — |
Frequently Asked Questions
What does Boston Medical Center Health Plan INC do?▼
Boston Medical Center Health Plan INC is a health care nonprofit organization based in Massachusetts. It is classified under NTEE code E110 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Boston Medical Center Health Plan INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Boston Medical Center Health Plan INC has a score of 66/100 (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 Boston Medical Center Health Plan INC generate?▼
Boston Medical Center Health Plan INC reports $5.2B in annual revenue and holds $1.7B in total assets, based on IRS filings.
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