St Margarets Health Spring Valley
700 Technology Park Dr Ste 212, Billerica, MA · IRS data through FY2023
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2023 | $67,729,858 | $77,297,391 | $6,581,658 |
| FY2022 | $94,487,173 | $98,884,416 | $33,255,057 |
| FY2021 | $91,881,221 | $99,608,214 | $55,481,387 |
| FY2020 | $85,832,943 | $87,824,016 | $57,277,575 |
| FY2019 | $90,485,097 | $92,626,241 | $57,194,893 |
| FY2018 | $90,067,369 | $92,440,842 | $59,357,210 |
| FY2017 | $86,994,675 | $83,639,219 | $60,710,331 |
| FY2016 | $82,611,994 | $80,762,176 | $55,166,732 |
| FY2015 | $80,287,280 | $75,829,919 | $52,319,190 |
| FY2014 | $74,889,230 | $72,883,429 | $49,383,529 |
| FY2013 | $72,382,939 | $72,658,147 | $46,739,458 |
| FY2012 | $70,099,997 | $68,439,548 | $46,024,364 |
| FY2011 | $67,588,711 | $66,881,254 | $42,859,381 |
Form 990 filings
The returns filed by St Margarets Health Spring Valley (EIN 36-2167884), 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 | $1,570,752 | 2% |
| Program service revenue | $63,922,944 | 94% |
| Investment income | $160,061 | <1% |
| Other revenue | $2,076,101 | 3% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $59,974,720 | 78% |
| Management & general | $17,322,671 | 22% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 94% of total revenue in FY2023.
- Program services accounted for 78% of functional expenses, management & general 22%, and fundraising 0%.
- 78% of functional expenses went to program services in FY2023. That is higher than 16.5% of 176 Health Care organizations in MA.
- Net assets covered about 1 month of expenses at the end of the reporting year. That puts it in the 16th percentile among 620 Health Care organizations in MA.
- Total revenue was higher than 87.6% of 651 Health Care organizations in MA.
- Total revenue rose from $67,588,711 in FY2011 to $67,729,858 in FY2023. Revenue increased in 10 and decreased in 2 of 12 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 13 reported years (FY2013, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023).
- The highest revenue on record here is $94,487,173 in FY2022.
- Net assets declined from $42,859,381 to $6,581,658 between FY2011 and FY2023.
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
Provide health care services to improve the health of the people in the community
IRS status
| Ruling year | 1946 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in MA) |
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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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