Brockton Hospital Inc
Brockton Hospital Inc: Financial Stability Concerns Amidst Consistent Losses
EIN: 222472997 · Brockton, MA · NTEE: E220 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $401.0M |
| Total Expenses | $317.2M |
| Program Spending | 85% |
| Net Assets | $141.1M |
| Transparency Score | 65/100 |
Is Brockton Hospital Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brockton Hospital Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brockton Hospital Inc
Brockton Hospital Inc (EIN: 222472997) is a nonprofit organization based in Brockton, MA, classified under NTEE code E220. The organization reported total revenue of $401.0M and total assets of $450.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brockton Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brockton Hospital Inc is a major nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $367.3M |
| Total Expenses | $317.2M |
| Surplus / Deficit | +$50.1M |
| Total Assets | $322.8M |
| Total Liabilities | $181.8M |
| Net Assets | $141.1M |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 56.3% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Brockton Hospital Inc reported a surplus of $50.1M with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 56.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brockton Hospital Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | -12.2% | +14.5% |
| 2022 | +9.1% | +11.4% | -9.7% |
| 2021 | +10.0% | +10.6% | -5.1% |
| 2020 | +3.7% | +1.6% | +27.5% |
| 2019 | +1.3% | +4.8% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Brockton Hospital Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Brockton Hospital Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $50.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.3%.
Executive Compensation Analysis
Executive compensation details are not readily available in the provided data, preventing a specific assessment of individual salaries.
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 Brockton Hospital Inc's IRS 990 filings:
- Consistent net losses reported across multiple years, indicating ongoing operational challenges.
- Liabilities consistently exceed assets in recent years, raising concerns about long-term solvency.
- The organization reported a net loss of $49,097,000 in 2023, following a loss of $11,027,000 in 2022, demonstrating a worsening financial trend.
Strengths
The following positive indicators were identified for Brockton Hospital Inc:
- Significant revenue generation, with over $400 million in revenue in 2023, indicating a large operational scale.
- Long operational history, suggesting established community presence and service delivery.
Frequently Asked Questions about Brockton Hospital Inc
Is Brockton Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brockton Hospital Inc (EIN: 222472997) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Brockton Hospital Inc spend its money?
Brockton Hospital Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brockton Hospital Inc tax-deductible?
Brockton Hospital Inc is registered as a tax-exempt nonprofit (EIN: 222472997). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brockton Hospital Inc's spending goes to programs?
Brockton Hospital Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brockton Hospital Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Brockton Hospital Inc 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 Brockton Hospital Inc located?
Brockton Hospital Inc is headquartered in Brockton, Massachusetts and files with the IRS under EIN 222472997. It is classified under NTEE code E220.
How many years of IRS 990 filings does Brockton Hospital Inc have?
Brockton Hospital Inc 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 $401.0M in total revenue.
What does Brockton Hospital Inc do?
Brockton Hospital Inc is a nonprofit organization in the Health Care sector, located in Brockton, Massachusetts. It is classified under NTEE code E220.
How much revenue does Brockton Hospital Inc have?
Brockton Hospital Inc reported total revenue of $400,977,080. Based on 13 IRS 990 filings on record.
What are Brockton Hospital Inc's total assets?
Brockton Hospital Inc holds total assets of $450,586,871 as reported in IRS 990 filings.
Where is Brockton Hospital Inc located?
Brockton Hospital Inc is based in Brockton, Massachusetts.
What is Brockton Hospital Inc's EIN?
Brockton Hospital Inc's Employer Identification Number (EIN) is 222472997. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Brockton Hospital Inc?
Brockton Hospital Inc is classified under NTEE code E220 (Health Care).
Is Brockton Hospital Inc a registered 501(c)(3)?
Yes, Brockton Hospital Inc is recognized as a tax-exempt organization by the IRS. EIN: 222472997.
Does Brockton Hospital Inc file IRS Form 990?
Yes, Brockton Hospital Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Brockton Hospital Inc's revenue in 2023?
In the 202309 filing period, Brockton Hospital Inc reported total revenue of $367,295,141, total expenses of $317,198,182, and net assets of $322,843,764.
Is Brockton Hospital Inc's revenue growing or declining?
Brockton Hospital Inc's revenue is relatively stable. Revenue went from $372,320,315 (202209) to $367,295,141 (202309), a -1.3% change. Based on 13 filings on record.
What is Brockton Hospital Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Brockton Hospital Inc covers tax period 202309. It shows revenue of $367,295,141, expenses of $317,198,182, total assets of $322,843,764, and liabilities of $181,784,196.
How much does Brockton Hospital Inc spend on programs vs administration?
Based on IRS 990 analysis, Brockton Hospital Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Brockton Hospital Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Brockton Hospital Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Brockton Hospital Inc?
The following concerns were identified: Consistent net losses reported across multiple years, indicating ongoing operational challenges.. Liabilities consistently exceed assets in recent years, raising concerns about long-term solvency.. The organization reported a net loss of $49,097,000 in 2023, following a loss of $11,027,000 in 2022, demonstrating a worsening financial trend.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Brockton Hospital Inc's strengths?
Positive indicators for Brockton Hospital Inc include: Significant revenue generation, with over $400 million in revenue in 2023, indicating a large operational scale.. Long operational history, suggesting established community presence and service delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Brockton Hospital Inc compensate executives?
Executive compensation details are not readily available in the provided data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Brockton Hospital Inc?
- The organization's Form 990 is publicly available, detailing financial activities and governance. - Audited financial statements are accessible, providing a deeper dive into the hospital's financial health. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent net losses and liabilities exceeding assets, what is the long-term sustainability plan for Brockton Hospital Inc. to ensure continued service to the community?
The provided data indicates a concerning trend of financial instability. A detailed sustainability plan would need to address operational efficiencies, revenue diversification, and potentially capital infusions to reverse the negative financial trajectory and ensure the hospital's future.
How does the hospital plan to address the increasing gap between its liabilities and assets, which reached $181,784,196 in liabilities versus $322,843,764 in assets in 2023?
The growing disparity between liabilities and assets suggests a need for strategic financial restructuring. This could involve debt management, asset optimization, or seeking external funding to improve the balance sheet and reduce financial risk.
Filing History
IRS 990 filing history for Brockton Hospital Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brockton Hospital Inc's revenue has grown by 78.2%, moving from $206.1M to $367.3M. Total assets increased by 166% over the same period, from $121.4M to $322.8M. Total functional expenses rose by 67%, from $189.9M to $317.2M. In its most recent filing year (2023), Brockton Hospital Inc reported a surplus of $50.1M, with revenue exceeding expenses. The organization holds $181.8M in liabilities against $322.8M in assets (debt-to-asset ratio: 56.3%), resulting in net assets of $141.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $367.3M | $317.2M | $322.8M | $181.8M | — | — |
| 2022 | $372.3M | $361.3M | $282.0M | $189.4M | — | — |
| 2021 | $341.3M | $324.3M | $312.2M | $219.4M | — | View 990 |
| 2020 | $310.3M | $293.3M | $329.1M | $262.2M | — | View 990 |
| 2019 | $299.2M | $288.6M | $258.1M | $193.9M | — | View 990 |
| 2018 | $295.2M | $275.3M | $245.0M | $156.2M | — | View 990 |
| 2017 | $281.5M | $264.5M | $240.7M | $170.4M | — | View 990 |
| 2016 | $269.3M | $255.5M | $208.2M | $163.5M | — | View 990 |
| 2015 | $259.2M | $245.7M | $204.1M | $155.6M | — | View 990 |
| 2014 | $244.4M | $218.8M | $185.0M | $131.6M | — | View 990 |
| 2013 | $224.8M | $205.6M | $175.5M | $106.8M | — | View 990 |
| 2012 | $223.5M | $198.5M | $152.5M | $126.4M | — | View 990 |
| 2011 | $206.1M | $189.9M | $121.4M | $115.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $367.3M, expenses of $317.2M, and assets of $322.8M (revenue -1.3% year-over-year).
- 2022: Revenue of $372.3M, expenses of $361.3M, and assets of $282.0M (revenue +9.1% year-over-year).
- 2021: Revenue of $341.3M, expenses of $324.3M, and assets of $312.2M (revenue +10.0% year-over-year).
- 2020: Revenue of $310.3M, expenses of $293.3M, and assets of $329.1M (revenue +3.7% year-over-year).
- 2019: Revenue of $299.2M, expenses of $288.6M, and assets of $258.1M (revenue +1.3% year-over-year).
- 2018: Revenue of $295.2M, expenses of $275.3M, and assets of $245.0M (revenue +4.9% year-over-year).
- 2017: Revenue of $281.5M, expenses of $264.5M, and assets of $240.7M (revenue +4.5% year-over-year).
- 2016: Revenue of $269.3M, expenses of $255.5M, and assets of $208.2M (revenue +3.9% year-over-year).
- 2015: Revenue of $259.2M, expenses of $245.7M, and assets of $204.1M (revenue +6.0% year-over-year).
- 2014: Revenue of $244.4M, expenses of $218.8M, and assets of $185.0M (revenue +8.8% year-over-year).
- 2013: Revenue of $224.8M, expenses of $205.6M, and assets of $175.5M (revenue +0.6% year-over-year).
- 2012: Revenue of $223.5M, expenses of $198.5M, and assets of $152.5M (revenue +8.4% year-over-year).
- 2011: Revenue of $206.1M, expenses of $189.9M, and assets of $121.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brockton Hospital Inc:
Data Sources and Methodology
This transparency report for Brockton Hospital Inc 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.