SOUTH SHORE HOSPITAL INC
55 FOGG RD, S WEYMOUTH, MA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $922,456,045 | $915,926,753 | $371,160,127 |
| FY2024 | $895,902,835 | $900,013,263 | $375,372,039 |
| FY2023 | $828,492,047 | $822,354,818 | $348,344,376 |
| FY2022 | $782,781,208 | $829,190,893 | $324,786,945 |
| FY2021 | $754,117,212 | $749,430,342 | $403,451,109 |
| FY2020 | $747,772,833 | $691,336,943 | $369,602,512 |
| FY2019 | $664,438,324 | $649,520,188 | $341,340,731 |
| FY2018 | $622,531,139 | $608,394,211 | $304,561,917 |
| FY2017 | $609,669,106 | $594,195,061 | $288,673,740 |
| FY2016 | $573,513,210 | $553,747,009 | $259,475,761 |
| FY2015 | $565,654,109 | $514,736,559 | $226,349,889 |
| FY2014 | $497,084,662 | $479,004,186 | $221,248,590 |
| FY2013 | $479,144,371 | $457,972,561 | $191,228,810 |
| FY2012 | $456,416,084 | $442,112,037 | $131,702,343 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $4,769,378 | 1% |
| Program service revenue | $874,895,761 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $786,020,084 | 86% |
| Management & general | $127,161,607 | 14% |
| Fundraising | $2,745,062 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 86% of functional expenses, management & general 14%, and fundraising 0%.
- 86% of functional expenses went to program services in FY2025. That is higher than 40.7% of 177 Health Care organizations in MA.
- Net assets covered about 4.9 months of expenses at the end of the reporting year. That puts it in the 31st percentile among 625 Health Care organizations in MA.
- Total revenue was higher than 97.6% of 656 Health Care organizations in MA.
- Total revenue rose from $456,416,084 in FY2012 to $922,456,045 in FY2025, Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2022, FY2024).
- Net assets grew from $131,702,343 to $371,160,127 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
SOUTH SHORE HOSPITAL'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE HEALTH CARE SERVICES TO THE COMMUNITY INCLUDING SURGICAL, MEDICAL AND OTHER TREATMENT OF THE SICK AND INJURED.
IRS status
| Ruling year | 1982 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in MA) |
| Donations | Donations are generally tax-deductible (public charity). |
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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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