Health Care
(E22)
IRS Verified
DX Registered
990 on File
BETH ISRAEL DEACONESS HOSPITAL - NEEDHAM INC
Financial strength (30%)
65/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
BID Needham is committed to its mission by providing the highest quality care focused on patient safety. The entire BID Needham team, including employees, physicians, volunteers and students, is committed to exceeding the expectations of our patients and their families, the community and each other.
Financial Overview — FY 2024
$161.3M
Total Revenue
$160.2M
Total Expenses
$101.6M
Net Assets
1223
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.8%
Fundraising Efficiency
225.8%
Operating Reserve
7.61x
Liability-to-Asset
45.3%
Revenue Diversification
94.5%
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
|
86.8% | 87.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.9% | 12.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
225.8% | 565.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.6 mo | 6.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
45.3% | 44.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.5% | 96.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-5.6% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
14.4% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.7% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $161.3M | $160.2M | $101.6M | 86.8% | 1223 |
| 2023 | $170.8M | $140.0M | $98.9M | 88.7% | 1172 |
| 2022 | $138.9M | $133.8M | $70.5M | 84.0% | 961 |
| 2021 | $126.9M | $120.6M | N/A | — | 961 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.