Health Care (E220) IRS Verified DX Registered 990 on File

HENRY HEYWOOD MEMORIAL HOSPITAL

EIN: 04-2103581 · GARDNER, MA 01440-1336 · United States · FY 2024 Data

3 out of 5 53 / 100 Based on 2+ years of filings

Financial strength (30%) 67/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Financial Overview — FY 2024

$191.9M

Total Revenue

$201.7M

Total Expenses

$-21,123,834

Net Assets

1306

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 85.3%

Fundraising Efficiency N/A

Operating Reserve -1.26x

Liability-to-Asset 122.5%

Revenue Diversification 98.8%

Executive Compensation $770K

Compared with Peers

FY 2024

Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	85.3%	87.7%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	14.5%	12.3%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.2%	0.0%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	-1.3 mo	6.1 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	122.5%	44.5%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	98.8%	96.4%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	2.8%	9.1%	P10P90
Expense growth Year over year expense growth	1.6%	7.8%	P10P90
Surplus margin Surplus as a share of revenue	-5.1%	2.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$191.9M	$201.7M	$-21,123,834	85.3%	1306
2023	$186.6M	$198.5M	$-10,932,389	87.8%	1331
2022	$156.6M	$174.6M	$9.4M	93.6%	1368
2021	$151.4M	$150.9M	N/A	—	1296

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Organization Details

EIN: 04-2103581
State: MA
City: GARDNER
ZIP: 01440-1336
Classification: E220
Category: Health Care
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: Marc
Foundation Code: 12
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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