Health Care
(E220)
IRS Verified
DX Registered
990 on File
LAWRENCE GENERAL HOSPITAL
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To provide quality medical care and related services to the Greater Lawrence community, to support community education and research, and to improve the health of the citizens of the Merrimack Valley
Financial Overview — FY 2024
$331.9M
Total Revenue
$341.2M
Total Expenses
$26.3M
Net Assets
2243
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
72.8%
Fundraising Efficiency
N/A
Operating Reserve
0.92x
Liability-to-Asset
91.2%
Revenue Diversification
92.7%
Executive Compensation
$2.2M
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
|
72.8% | 87.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
27.1% | 12.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.9 mo | 6.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
91.2% | 44.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.7% | 96.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-2.6% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.2% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.8% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $331.9M | $341.2M | $26.3M | 72.8% | 2243 |
| 2023 | $340.8M | $345.5M | $37.4M | 73.0% | 2271 |
| 2022 | $315.3M | $324.5M | $45.9M | 72.6% | 2414 |
| 2021 | $317.5M | $326.3M | N/A | — | 2446 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.