Fallon Community Health Plan Inc
1 Mercantile St Ste 400, Worcester, MA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,840,780,285 | $1,862,403,604 | $185,940,548 |
| FY2023 | $1,751,638,657 | $1,817,937,230 | $216,068,796 |
| FY2022 | $1,747,343,886 | $1,729,040,635 | $256,841,236 |
| FY2021 | $1,782,502,394 | $1,746,369,608 | $305,272,081 |
| FY2020 | $1,643,963,728 | $1,568,643,154 | $269,431,673 |
| FY2019 | $1,580,533,789 | $1,607,012,434 | $178,299,201 |
| FY2018 | $1,517,437,991 | $1,510,510,448 | $189,362,902 |
| FY2017 | $1,245,428,878 | $1,237,526,440 | $194,119,888 |
| FY2016 | $1,156,986,586 | $1,177,082,041 | $177,223,668 |
| FY2015 | $1,091,448,559 | $1,098,210,973 | $191,593,565 |
| FY2014 | $1,095,830,174 | $1,092,277,125 | $216,152,130 |
| FY2013 | $1,199,857,993 | $1,186,618,425 | $211,385,793 |
| FY2012 | $1,120,807,352 | $1,105,510,246 | $198,889,705 |
| FY2011 | $1,103,796,541 | $1,065,335,946 | $168,754,788 |
Form 990 filings
The returns filed by Fallon Community Health Plan Inc (EIN 23-7442369), 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 | $1,814,772,534 | 99% |
| Other revenue | $26,007,751 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $1,815,742,881 | 97% |
| Management & general | $46,660,723 | 3% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 97% of functional expenses, management & general 3%, and fundraising 0%.
- 97% of functional expenses went to program services in FY2024. That is higher than 91.5% of 176 Health Care organizations in MA.
- Net assets covered about 1.2 months of expenses at the end of the reporting year. That puts it in the 17th percentile among 620 Health Care organizations in MA.
- Total revenue was higher than 98.8% of 651 Health Care organizations in MA.
- Total revenue rose from $1,103,796,541 in FY2011 to $1,840,780,285 in FY2024. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2015, FY2016, FY2019, FY2023, FY2024).
- Net assets grew from $168,754,788 to $185,940,548 between FY2011 and FY2024.
- 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
IRS status
| Ruling year | 1976 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E800 — Health Care (in MA) |
| 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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