Bridgton Hospital
Bridgton Hospital shows consistent revenue growth and healthy surpluses, with no officer compensation reported on 990s.
EIN: 10130427 · Bridgton, ME · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $61.9M |
| Total Expenses | $54.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $60 |
| Net Assets | $24.6M |
| Transparency Score | 85/100 |
Is Bridgton Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bridgton Hospital directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bridgton Hospital
Bridgton Hospital (EIN: 10130427) is a nonprofit organization based in Bridgton, ME, classified under NTEE code E220. The organization reported total revenue of $61.9M and total assets of $35.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridgton Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridgton Hospital is a major nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70.4M |
| Total Expenses | $54.6M |
| Surplus / Deficit | +$15.8M |
| Total Assets | $38.2M |
| Total Liabilities | $13.6M |
| Net Assets | $24.6M |
| Operating Margin | 22.5% |
| Debt-to-Asset Ratio | 35.5% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, Bridgton Hospital reported a surplus of $15.8M with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 35.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bridgton Hospital's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.4% | -3.4% | +24.3% |
| 2022 | +19.8% | +16.6% | -27.3% |
| 2021 | +11.8% | +5.3% | -35.2% |
| 2020 | +4.0% | -5.2% | +12.9% |
| 2019 | -7.0% | -6.3% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1950 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bridgton Hospital with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Bridgton Hospital allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.5%.
Executive Compensation Analysis
No officer compensation is reported across all available IRS 990 filings for Bridgton Hospital, which is unusual for an organization with annual revenues exceeding $60 million. This suggests executive compensation may be paid through a related entity or not reported in the standard officer compensation section of the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bridgton Hospital's IRS 990 filings:
- No officer compensation reported on 990s, which may obscure full executive remuneration details.
Strengths
The following positive indicators were identified for Bridgton Hospital:
- Consistent revenue growth, with latest revenue at $70,381,096.
- Healthy financial surpluses in recent years, such as $15,826,203 in 202306.
- Strong asset-to-liability ratio, indicating financial stability.
- Mission-focused spending, typical for a hospital providing direct services.
Frequently Asked Questions about Bridgton Hospital
Is Bridgton Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridgton Hospital (EIN: 10130427) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Bridgton Hospital spend its money?
Bridgton Hospital directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bridgton Hospital tax-deductible?
Bridgton Hospital is registered as a tax-exempt nonprofit (EIN: 10130427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bridgton Hospital CEO make?
Bridgton Hospital's highest-compensated officer earns $60 annually. The organization reported $61.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bridgton Hospital's spending goes to programs?
Bridgton Hospital directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bridgton Hospital compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bridgton Hospital is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bridgton Hospital located?
Bridgton Hospital is headquartered in Bridgton, Maine and files with the IRS under EIN 10130427. It is classified under NTEE code E220.
How many years of IRS 990 filings does Bridgton Hospital have?
Bridgton Hospital has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $61.9M in total revenue.
Is Bridgton Hospital a good charity?
Based on its financial health, consistent surpluses, and the nature of its services as a hospital, Bridgton Hospital appears to be a well-managed organization. The lack of reported officer compensation on the 990s is a unique aspect that could be interpreted positively for resource allocation, assuming compensation is handled ethically elsewhere.
How has Bridgton Hospital's revenue trended over the past few years?
Bridgton Hospital has shown strong revenue growth, increasing from $49,375,323 in 202006 to $70,381,096 in 202306, indicating a significant upward trend.
What is the organization's asset-to-liability ratio?
In the latest period (202306), Bridgton Hospital's assets were $38,216,754 and liabilities were $13,579,331, resulting in an asset-to-liability ratio of approximately 2.81:1, which indicates a healthy financial cushion.
Filing History
IRS 990 filing history for Bridgton Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bridgton Hospital's revenue has grown by 44.2%, moving from $48.8M to $70.4M. Total assets decreased by 17.6% over the same period, from $46.4M to $38.2M. Total functional expenses rose by 32.3%, from $41.2M to $54.6M. In its most recent filing year (2023), Bridgton Hospital reported a surplus of $15.8M, with revenue exceeding expenses. The organization holds $13.6M in liabilities against $38.2M in assets (debt-to-asset ratio: 35.5%), resulting in net assets of $24.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70.4M | $54.6M | $38.2M | $13.6M | — | — |
| 2022 | $66.2M | $56.5M | $30.7M | $15.2M | — | View 990 |
| 2021 | $55.2M | $48.4M | $42.3M | $18.8M | — | — |
| 2020 | $49.4M | $46.0M | $65.3M | $19.3M | — | View 990 |
| 2019 | $47.5M | $48.5M | $57.8M | $13.8M | — | — |
| 2018 | $51.0M | $51.8M | $57.6M | $12.7M | — | View 990 |
| 2017 | $53.8M | $52.9M | $55.8M | $10.3M | — | View 990 |
| 2016 | $54.1M | $54.1M | $56.7M | $12.2M | — | View 990 |
| 2015 | $52.2M | $49.6M | $57.6M | $13.2M | — | View 990 |
| 2014 | $54.4M | $50.5M | $55.8M | $13.9M | — | View 990 |
| 2013 | $47.7M | $45.9M | $57.4M | $19.8M | — | View 990 |
| 2012 | $47.6M | $45.7M | $48.9M | $13.3M | — | View 990 |
| 2011 | $48.8M | $41.2M | $46.4M | $12.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70.4M, expenses of $54.6M, and assets of $38.2M (revenue +6.4% year-over-year).
- 2022: Revenue of $66.2M, expenses of $56.5M, and assets of $30.7M (revenue +19.8% year-over-year).
- 2021: Revenue of $55.2M, expenses of $48.4M, and assets of $42.3M (revenue +11.8% year-over-year).
- 2020: Revenue of $49.4M, expenses of $46.0M, and assets of $65.3M (revenue +4.0% year-over-year).
- 2019: Revenue of $47.5M, expenses of $48.5M, and assets of $57.8M (revenue -7.0% year-over-year).
- 2018: Revenue of $51.0M, expenses of $51.8M, and assets of $57.6M (revenue -5.2% year-over-year).
- 2017: Revenue of $53.8M, expenses of $52.9M, and assets of $55.8M (revenue -0.6% year-over-year).
- 2016: Revenue of $54.1M, expenses of $54.1M, and assets of $56.7M (revenue +3.8% year-over-year).
- 2015: Revenue of $52.2M, expenses of $49.6M, and assets of $57.6M (revenue -4.2% year-over-year).
- 2014: Revenue of $54.4M, expenses of $50.5M, and assets of $55.8M (revenue +14.1% year-over-year).
- 2013: Revenue of $47.7M, expenses of $45.9M, and assets of $57.4M (revenue +0.3% year-over-year).
- 2012: Revenue of $47.6M, expenses of $45.7M, and assets of $48.9M (revenue -2.5% year-over-year).
- 2011: Revenue of $48.8M, expenses of $41.2M, and assets of $46.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridgton Hospital:
Data Sources and Methodology
This transparency report for Bridgton Hospital is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.