Charity Search / SOUTH SHORE MEDICAL CENTER
Health Care (E300) IRS Verified DX Registered 990 on File

SOUTH SHORE MEDICAL CENTER

EIN: 04-2297845 · NORWELL, MA 02061-1683 · United States · FY 2025 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 10/18/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$95.3M
Total Revenue
$109.7M
Total Expenses
$-29,245,054
Net Assets
845
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.4%
Fundraising Efficiency N/A
Operating Reserve -3.20x
Liability-to-Asset 155.0%
Revenue Diversification 89.1%
Executive Compensation $155K
Compared with Peers
FY 2025
Compared with 485 similar organizations (United States, Health Care, $100M and over in expenses), FY 2025.
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
87.4% 87.1%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
12.6% 12.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-3.2 mo 6.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
155.0% 40.7%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
89.1% 95.8%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
10.5% 8.1%
P10P90
Expense growth
Year over year expense growth
11.6% 7.5%
P10P90
Surplus margin
Surplus as a share of revenue
-15.2% 3.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $95.3M $109.7M $-29,245,054 87.4% 845
2024 $86.2M $98.3M $-14,803,879 86.4% 756
2023 $88.7M $97.0M $-2,710,717 87.4% 768
2022 $81.8M $88.5M $5.6M 86.2% 809
2021 $83.0M $87.0M N/A — 788
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Organization Details
EIN
04-2297845
State
MA
City
NORWELL
ZIP
02061-1683
Classification
E300
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
16
Form 990
On File
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