Porter Hospital Inc Hcsr
78% goes to programs $11 to raise $100 Strong reserves Growing revenue
Porter Hospital Inc Hcsr is a 501(c)(3) organization based in Middlebury, Vermont, registered in 1942, with $128,560,962 in FY2023 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
115 Porter Dr, Middlebury, VT, 05753 EIN 03-0181058 Since 1942
Revenue (FY2023)
$128.6M
▲ 6.8% vs prior year
Health median: $840K
Expenses (FY2023)
$120.4M
Net assets
$77.3M
Employees
680
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating78% to programs · $11 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Porter Hospital Inc Hcsr: 78% to programs · $11 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Porter Hospital Inc Hcsr: 8 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Porter Hospital Inc Hcsr: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Porter Hospital Inc Hcsr: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 115 Porter Dr, Middlebury, VT, 05753
- City
- Middlebury
- State
- Vermont
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $73.6M (FY2013) to $128.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $28.3MNet assets $77.3M
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$105.6M
Total liabilities
$28.3M
Net assets
$77.3M
Salaries & benefits
$61.7M
51% of expenses
Board members
14
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $128,560,962▲6.8% | $120,351,131▲8.7% | $77,269,570▲13.9% | $105,581,545▲19.8% | 990 |
| 2022 | $120,347,555▲12.5% | $110,741,646▲8.5% | $67,815,188▲26.3% | $88,130,330▲15.6% | 990 |
| 2021 | $106,999,340▲7.3% | $102,057,078▲11.4% | $53,689,575▼2.5% | $76,238,721▼8.7% | 990 |
| 2020 | $99,708,457▲9.7% | $91,608,021▲6.3% | $55,044,981▲22.2% | $83,460,872▲2.5% | 990 |
| 2019 | $90,888,178▼1.4% | $86,173,531▼0.5% | $45,044,954▲13.4% | $81,451,514▲15.6% | 990 |
| 2018 | $92,189,573▲6.6% | $86,649,050▲6.7% | $39,728,115▲1.2% | $70,431,457▲2.7% | 990 |
| 2017 | $86,491,992▲1.7% | $81,226,042▲3.1% | $39,273,909▲14.4% | $68,612,130▲8.0% | 990 |
| 2016 | $85,013,754▲5.7% | $78,749,747▲4.3% | $34,326,027▲21.7% | $63,551,465▲11.1% | 990 |
| 2015 | $80,405,026▲2.5% | $75,506,204▲0.9% | $28,201,415▲6.4% | $57,191,847▲2.9% | 990 |
| 2014 | $78,408,267▲6.5% | $74,848,352▲4.5% | $26,496,414▲2.3% | $55,578,672▼1.0% | 990 |
| 2013 | $73,622,829 | $71,652,175▲2.9% | $25,890,373▲6.2% | $56,138,406▲2.0% | 990 |
| 2012 | — | $69,648,363▲1.9% | $24,378,296▲22.2% | $55,052,502▲9.2% | 990 |
| 2011 | — | $68,376,281▲18.3% | $19,944,773▼18.7% | $50,403,008▼3.5% | 990 |
| 2010 | — | $57,796,273▼2.1% | $24,535,950▲8.0% | $52,225,427▲6.9% | 990 |
| 2009 | — | $59,015,686 | $22,712,640 | $48,872,312 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Amy Bishop — $299,909 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amy Bishop | Crna | 45 | $299,909 |
| Eric Berg | Crna | 45 | $298,418 |
| William Harrington | Crna | 45 | $275,238 |
| Adam Eckhardt | Crna | 45 | $262,323 |
| Tiffany Love | Avp/chief Nursing Off (til 7/2023) | 45 | $251,339 |
| Michael Leyden | Fmr Avp Operations | 0 | $104,587 |
| Alicia Grangent | Director | 2 | — |
| Anne Collins | Director | 2 | — |
| Bill Cunningham | Director | 2 | — |
| Bob Ortmyer | Pres, Ech & Pmc | 15 | — |
| Brandi Betcher Helm | Avp Operations | 22.5 | — |
| Dr Jason Sanders | Pres/ceo of Uvmhnmg | 1 | — |
| Dr Kristofer Anderson | Director | 2 | — |
| Helena Van Voorst | Vice Chair | 2 | — |
| Judson Bartlett | Director | 2 | — |
| Judy Peek-lee | Fmr Interim Cfo | 0 | — |
| Julia Grand Doucet | Director (as of 01/2024) | 2 | — |
| Kim Farnham | Chair | 2 | — |
| Linda Havey | Avp Chief Nursing Officer | 15 | — |
| Linda Schiffer | Director | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cross Country Staffing Inc | Traveling Nursing Services | $12,657,037 |
| Medical Solutions | Traveling Nursing Services | $1,278,076 |
| Alliance Healthcare Services Inc | Radiology Services | $763,761 |
| Philips Healthcare Informatics | Medical Equipment | $471,286 |
| Healthcare Workforce Logistics LLC | Temporary Staffing | $308,500 |
Grants received · $125K total
2 grants to Porter Hospital Inc Hcsr totaling $125K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Health | 2022 | $100,000 |
| National Philanthropic Tr | Health | 2020 | $25,000 |
Grants made · $119K in FY2022
7 grants totaling $119K in FY2022. All grants made by Porter Hospital Inc Hcsr →
| Recipient | Purpose | Amount |
|---|---|---|
| Elderly Services Inc | Community health improvement | $30,000 |
| Giving Fridge LLC | Community health improvement | $30,000 |
| Teen Center Inc | Community health improvement | $15,320 |
| Early Care and Learning Partnership Inc | Community health improvement | $15,000 |
| Adison Allies Network Incorporated | Community health improvement | $13,948 |
| Middlebury Eye Associates | Community health improvement | $7,637 |
| Patricia A Hannaford Regional | Community health improvement | $7,132 |
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Frequently asked questions
- Is Porter Hospital Inc Hcsr a legitimate nonprofit?
- Yes. Porter Hospital Inc Hcsr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 03-0181058, based in Middlebury, Vermont. Donations are tax-deductible.
- What is Porter Hospital Inc Hcsr's EIN?
- Porter Hospital Inc Hcsr's Employer Identification Number (EIN) is 03-0181058.
- How much revenue does Porter Hospital Inc Hcsr report?
- Porter Hospital Inc Hcsr reported $128,560,962 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Porter Hospital Inc Hcsr's spending goes to programs?
- Porter Hospital Inc Hcsr spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Porter Hospital Inc Hcsr have?
- CharityIndex grades Porter Hospital Inc Hcsr A, based on program efficiency and fundraising cost.
- How much does Porter Hospital Inc Hcsr's highest-paid employee make?
- The highest reported compensation on Porter Hospital Inc Hcsr's latest Form 990 is $299,909, paid to Amy Bishop (Crna).
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Data for Porter Hospital Inc Hcsr (EIN 03-0181058) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.