MARTINS POINT HEALTH CARE INC
331 VERANDA ST, PORTLAND, ME · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $550,076,243 | $554,410,222 | $304,425,091 |
| FY2023 | $545,592,486 | $518,281,788 | $371,712,528 |
| FY2022 | $525,072,936 | $498,454,800 | $352,063,735 |
| FY2021 | $550,950,857 | $478,839,919 | $403,547,190 |
| FY2020 | $472,119,641 | $432,011,666 | $364,011,033 |
| FY2019 | $472,354,835 | $447,370,601 | $300,922,545 |
| FY2018 | $442,304,130 | $426,560,604 | $259,591,880 |
| FY2017 | $424,576,446 | $408,836,703 | $266,814,526 |
| FY2016 | $402,709,019 | $382,667,319 | $221,062,936 |
| FY2015 | $653,043,924 | $647,355,827 | $249,243,322 |
| FY2014 | $582,583,600 | $575,122,512 | $269,897,548 |
| FY2013 | $494,583,633 | $498,113,128 | $263,622,153 |
| FY2012 | $467,602,091 | $454,753,778 | $253,421,394 |
| FY2011 | $395,068,359 | $385,502,941 | $230,647,866 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $543,208,925 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $526,226,382 | 95% |
| Management & general | $28,183,840 | 5% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 95% of functional expenses, management & general 5%, and fundraising 0%.
- 95% of functional expenses went to program services in FY2024. That is higher than 92% of 50 Health Care organizations in ME.
- Net assets covered about 6.6 months of expenses at the end of the reporting year. That puts it in the 40th percentile among 189 Health Care organizations in ME.
- Total revenue was higher than 99% of 191 Health Care organizations in ME.
- Total revenue rose from $395,068,359 in FY2011 to $550,076,243 in FY2024, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2013, FY2024).
- The highest revenue on record here is $653,043,924 in FY2015.
- Net assets grew from $230,647,866 to $304,425,091 between FY2011 and FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To deliver the care every person deserves.
IRS status
| Ruling year | 1982 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E320 — Health Care |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- CENTRAL MAINE MEDICAL CENTER — LEWISTON, ME · $547,503,452
- MERCY HOSPITAL — BREWER, ME · $372,070,489
- MARTINS POINT GENERATIONS ADVANTAGE INC — PORTLAND, ME · $745,845,935
- EASTERN MAINE HEALTHCARE SYSTEMS — BREWER, ME · $1,267,521,596
- A MAINEHEALTH HCSR — PORTLAND, ME · $4,705,659,409
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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