THE LOWELL GENERAL HOSPITAL
295 VARNUM AVE, LOWELL, MA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $666,423,848 | $622,548,313 | $172,566,708 |
| FY2024 | $605,254,918 | $626,839,501 | $182,894,062 |
| FY2023 | $657,122,447 | $590,309,347 | $90,987,943 |
| FY2022 | $528,659,287 | $608,429,753 | $109,771,307 |
| FY2021 | $534,206,195 | $498,595,095 | $173,929,705 |
| FY2020 | $492,829,849 | $469,388,239 | $123,665,800 |
| FY2019 | $485,151,578 | $458,621,162 | $137,789,077 |
| FY2018 | $496,748,443 | $456,080,286 | $160,991,374 |
| FY2017 | $466,209,872 | $446,236,711 | $160,360,270 |
| FY2016 | $457,872,238 | $433,532,666 | $159,926,392 |
| FY2015 | $439,420,284 | $415,610,800 | $158,451,337 |
| FY2014 | $440,369,147 | $409,542,316 | $167,107,352 |
| FY2013 | $445,574,038 | $412,960,241 | $169,628,147 |
| FY2012 | $325,701,009 | $295,573,210 | $137,123,038 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $5,413,886 | 1% |
| Program service revenue | $622,313,925 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $508,246,299 | 82% |
| Management & general | $113,689,483 | 18% |
| Fundraising | $612,531 | 0% |
What the numbers show
- Program service revenue made up 99% 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 27.1% of 177 Health Care organizations in MA.
- Net assets covered about 3.3 months of expenses at the end of the reporting year. That puts it in the 26th percentile among 625 Health Care organizations in MA.
- Total revenue was higher than 97% of 656 Health Care organizations in MA.
- Total revenue rose from $325,701,009 in FY2012 to $666,423,848 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2022, FY2024).
- Net assets grew from $137,123,038 to $172,566,708 between FY2012 and FY2025.
- 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 MEET THE HEALTHCARE NEEDS OF COMMUNITIES SERVED THROUGH THE PROVISION OF INPATIENT AND OUTPATIENT MEDICAL SERVICES.
IRS status
| Ruling year | 1939 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in MA) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- NORTHEAST HOSPITAL CORPORATION — CHARLESTOWN, MA · $708,805,250
- UMASS MEMORIAL HEALTH CARE INC — WORCESTER, MA · $790,607,985
- HARVARD MEDICAL FACULTY PHYS AT BETH ISRAEL DEACONESS MED CTR INC — BOSTON, MA · $809,798,771
- BAYSTATE MEDICAL PRACTICES INC — SPRINGFIELD, MA · $509,165,167
- BERKSHIRE MEDICAL CENTER INC — PITTSFIELD, MA · $824,846,269
- CHILDRENS MEDICAL CENTER — BOSTON, MA · $500,752,565
- BROCKTON HOSPITAL INC — BROCKTON, MA · $488,276,347
- CHILDRENS HOSPITAL PEDIATRIC ASSOCIATES INC — BOSTON, MA · $480,743,993
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.