Health Care
(E220)
IRS Verified
DX Registered
990 on File
LAHEY CLINIC HOSPITAL INC
Financial strength (30%)
87/100
Reliability (20%)
55/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1228.1M
Total Revenue
$1142.0M
Total Expenses
$371.2M
Net Assets
5927
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.6%
Fundraising Efficiency
N/A
Operating Reserve
3.90x
Liability-to-Asset
40.8%
Revenue Diversification
97.4%
Executive Compensation
$7.4M
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
|
85.6% | 87.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.0% | 12.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.9 mo | 6.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
40.8% | 44.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.4% | 96.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
6.3% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.5% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.0% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1228.1M | $1142.0M | $371.2M | 85.6% | 5927 |
| 2023 | $1155.4M | $1082.5M | $-39,256 | 87.3% | 5738 |
| 2022 | $1062.5M | $1047.8M | $24.1M | 87.3% | 5557 |
| 2021 | $1124.0M | $1056.3M | N/A | — | 5348 |
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