BOSTON MEDICAL CENTER CORPORATION

BOSTON, MA, 02118-2908 (617) 414-1628 Est. 1996 EIN 04-3314093
E22Z— Health Care Form 990 501(c)(3)
WWW.BMC.ORG

Mission

BOSTON MEDICAL CENTER'S MISSION IS TO PROVIDE CONSISTENTLY EXCELLENT AND ACCESSIBLE HEALTH SERVICES TO ALL IN NEED OF CARE REGARDLESS OF STATUS AND ABILITY TO PAY.

Giving Portfolio

Total Grants
691
Total Giving
$166.8M
Recipients
689
Years Active
2017 - 2023
Avg grant: $244,516 Median: $63,245

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202391$16.8M $185K1477
2022115$21.5M $187K2392
2021112$27.4M $245K2290
2020108$27.9M $258K3474
201992$25.4M $277K2270
201898$24.1M $246K3562
201775$23.5M $314K740

Sectors Funded

Education
146
Health Care
144
Human Services
52
Mental Health & Crisis Intervention
24
Medical Research
22
Diseases & Disorders
22
Community Improvement
18
Science & Technology
7
and 8 more sectors

Top States

Massachusetts
372
California
29
New York
27
Pennsylvania
23
Washington
21
Illinois
20
Rhode Island
19
North Carolina
15
and 32 more states

Grantee Size Profile

Over $50M
340
$10M - $50M
67
$1M - $5M
49
$5M - $10M
17
$500K - $1M
12
$100K - $500K
7
Under $100K
5

Top Grantees

and 15 more grantees

Grants Awarded · 566 grants

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Financials

Total Revenue
$2,600,525,380
Total Expenses
$2,641,501,168
Net Assets
$1,393,476,928
12,872 employees 380 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
6.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 9.3%
Expenses ↑ 9.2%
Revenue Sources
Contributions 1.0% Earned revenue 97.2% Investment 1.3% Other 1.0%
Expense Breakdown
Program 88.2% Management 11.5% Fundraising 0.4%

Officers & Trustees (45)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990$2,600,525,380 $2,641,501,168$1,393,476,928
2022 Form 990$2,380,282,356 $2,418,812,155$1,247,452,506
2021 Form 990$2,141,060,598 $2,128,452,782$1,255,559,823
2020 Form 990$1,975,432,734 $1,916,457,480$1,420,527,821
2019 Form 990$1,881,143,991 $1,782,658,647$1,323,923,000
2018 Form 990$1,746,461,255 $1,649,267,744$1,327,468,000
2017 Form 990$1,521,162,786 $1,442,991,249$1,344,066,000

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EIN: 04-3314093 · Source: IRS Form 990 e-file data