Springfield Hospital Inc
PO Box 2003, Springfield, VT · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $72,243,430 | $70,552,303 | $12,042,733 |
| FY2024 | $64,225,999 | $64,810,201 | $10,296,518 |
| FY2023 | $59,821,130 | $60,539,949 | $10,575,762 |
| FY2022 | $61,425,493 | $58,062,713 | $10,693,280 |
| FY2021 | $54,839,475 | $53,300,753 | $5,653,973 |
| FY2020 | $47,698,440 | $52,357,825 | -$12,484,980 |
| FY2019 | $50,195,187 | $64,075,139 | -$7,048,216 |
| FY2018 | $56,239,401 | $63,538,523 | $9,451,654 |
| FY2017 | $55,175,575 | $58,149,884 | $15,979,065 |
| FY2016 | $56,135,712 | $55,710,107 | $17,692,202 |
| FY2015 | $58,771,903 | $56,571,489 | $17,256,154 |
| FY2014 | $52,517,107 | $59,078,108 | $17,722,401 |
| FY2013 | $51,189,313 | $51,609,953 | $23,723,661 |
| FY2012 | $53,576,302 | $52,110,294 | $21,511,850 |
Form 990 filings
The returns filed by Springfield Hospital Inc (EIN 03-0179437), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $4,612,899 | 6% |
| Program service revenue | $64,979,805 | 90% |
| Other revenue | $2,650,726 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $58,045,576 | 82% |
| Management & general | $12,506,727 | 18% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 90% of total revenue in FY2025.
- Program services accounted for 82% of functional expenses, management & general 18%, and fundraising 0%.
- 82% of functional expenses went to program services in FY2025. That is higher than 50% of 34 Health Care organizations in VT.
- Net assets covered about 2 months of expenses at the end of the reporting year. That puts it in the 10th percentile among 119 Health Care organizations in VT.
- Total revenue was higher than 92% of 125 Health Care organizations in VT.
- Total revenue rose from $53,576,302 in FY2012 to $72,243,430 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2013, FY2014, FY2017, FY2018, FY2019, FY2020, FY2023, FY2024).
- Net assets declined from $21,511,850 to $12,042,733 between FY2012 and FY2025.
- Contributions and grants made up 1% of revenue in FY2012 and 6% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
25-Bed Critical Access Hospital
IRS status
| Ruling year | 1967 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in VT) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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