THE LOWELL GENERAL HOSPITAL

LOWELL, MA, 01854-2134 (978) 937-6000 Est. 1939 EIN 04-2103590
E220— Health Care Form 990 501(c)(3)
WWW.LOWELLGENERAL.ORG

Mission

TO MEET THE HEALTHCARE NEEDS OF COMMUNITIES SERVED THROUGH THE PROVISION OF INPATIENT AND OUTPATIENT MEDICAL SERVICES. TO PROVIDE SERVICES, PROGRAMS AND INITIATIVES TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF THE CITIZENS IN THE AREA, WITH A PARTICULAR FOCUS ON PEOPLE WHO ARE MEDICALLY UNDERSERVED, AT RISK, OR FINANCIALLY DISADVANTAGED.

Giving Portfolio

Total Grants
100
Total Giving
$1.4M
Recipients
97
Years Active
2017 - 2023
Avg grant: $14,880 Median: $8,667

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20233$50K $17K03
20229$181K $20K18
202112$152K $13K210
20206$49K $8K06
201912$282K $23K110
201826$273K $11K520
201732$398K $12K310

Sectors Funded

Arts, Culture & Humanities
9
Education
7
Religion-Related
7
Human Services
6
Mental Health & Crisis Intervention
5
Community Improvement
5
Food, Agriculture & Nutrition
5
Youth Development
5
and 5 more sectors

Top States

Massachusetts
94
Texas
4
Georgia
1
California
1

Grantee Size Profile

$1M - $5M
20
$5M - $10M
11
$100K - $500K
11
Over $50M
10
$500K - $1M
8
$10M - $50M
4

Top Grantees

UNIVERSITY OF MASSACHUSETTS LOWELL
MA - 5 grants
$152K
$104K
$63K
$63K
AUNT BERTHA A PUBLIC BENEFIT CORP
TX - 4 grants
$61K
MA - 5 grants
$55K
CITY OF LOWELL
MA - 2 grants
$47K
and 15 more grantees

Grants Awarded · 71 grants

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Financials

Total Revenue
$605,254,918
Total Expenses
$626,839,501
Net Assets
$182,894,062
4,574 employees 345 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
3.5 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 7.9%
Expenses ↑ 6.2%
Revenue Sources
Contributions 2.7% Earned revenue 92.7% Investment 0.3% Other 4.0%
Expense Breakdown
Program 82.8% Management 17.1% Fundraising 0.1%

Officers & Trustees (29)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990$605,254,918 $626,839,501$182,894,062
2022 Form 990$657,122,447 $590,309,347$90,987,943
2021 Form 990$528,659,287 $608,429,753$109,771,307
2020 Form 990$534,206,195 $498,595,095$173,929,705
2019 Form 990$492,829,849 $469,388,239$123,665,800
2018 Form 990$485,151,578 $458,621,162$137,789,077
2017 Form 990$496,748,443 $456,080,286$160,991,374

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EIN: 04-2103590 · Source: IRS Form 990 e-file data