Lifespan Physician Group Inc
15 Lasalle Square, Providence, RI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $366,760,724 | $434,585,512 | -$1,048,194 |
| FY2024 | $251,332,908 | $327,506,913 | -$1,219,476 |
| FY2023 | $260,023,583 | $315,204,850 | -$1,542,705 |
| FY2022 | $281,440,113 | $281,440,113 | -$2,130,696 |
| FY2021 | $271,756,617 | $271,756,617 | -$2,383,200 |
| FY2020 | $240,798,657 | $240,798,657 | -$2,375,200 |
| FY2019 | $228,565,597 | $228,565,597 | -$1,902,600 |
| FY2018 | $201,970,536 | $201,970,536 | -$1,190,400 |
| FY2017 | $189,776,039 | $189,776,039 | -$2,444,400 |
| FY2016 | $172,625,277 | $172,625,277 | -$2,073,900 |
| FY2015 | $86,855,409 | $86,855,409 | $0 |
| FY2014 | $54,752,870 | $54,759,015 | $0 |
| FY2013 | $26,566,623 | $26,745,919 | $6,145 |
| FY2012 | $3,300,328 | $5,849,167 | $185,441 |
Form 990 filings
The returns filed by Lifespan Physician Group Inc (EIN 05-0389801), 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 | $0 | 0% |
| Program service revenue | $361,414,289 | 99% |
| Other revenue | $5,346,435 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $318,457,732 | 73% |
| Management & general | $116,127,780 | 27% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 73% of functional expenses, management & general 27%, and fundraising 0%.
- 73% of functional expenses went to program services in FY2025. That is higher than 16% of 257 Voluntary Health Associations & Medical Disciplines organizations nationwide (too few in RI for a state comparison).
- Net assets covered about 0 months of expenses at the end of the reporting year. That puts it in the 10th percentile among 21 Voluntary Health Associations & Medical Disciplines organizations in RI.
- Total revenue was the highest among 22 Voluntary Health Associations & Medical Disciplines organizations in RI.
- Total revenue rose from $3,300,328 in FY2012 to $366,760,724 in FY2025. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2012, FY2013, FY2014, FY2023, FY2024, FY2025).
- Net assets declined from $185,441 to -$1,048,194 between FY2012 and 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
Lifespan Physician Group, Inc., now known as Brown Health Medical Group (BHMG) provides accountable patient-centered, high quality, efficient, value-based care to serve the health care needs of Rhode Islanders and others. BHMG's mission is: Delivering health with care.
IRS status
| Ruling year | 1982 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | G430 — Voluntary Health Associations & Medical Disciplines |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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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