South Shore Hospital Inc
87% goes to programs $15 to raise $100 Growing revenue
South Shore Hospital Inc is a 501(c)(3) organization based in S Weymouth, Massachusetts, registered in 1982, with $895,902,835 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
55 Fogg Rd, S Weymouth, MA, 02190 EIN 04-2769210 Since 1982
Revenue (FY2023)
$895.9M
▲ 8.1% vs prior year
Health median: $840K
Expenses (FY2023)
$900.0M
Net assets
$375.4M
Employees
6,122
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 rating87% to programs · $15 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 South Shore Hospital Inc: 87% to programs · $15 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · -0% 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 South Shore Hospital Inc: 5 mo reserves · -0% 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 South Shore Hospital Inc: 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 South Shore Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
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.
Contact & location
- Address
- 55 Fogg Rd, S Weymouth, MA, 02190
- City
- S Weymouth
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $497.1M (FY2013) to $895.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $314.2MNet assets $375.4M
Operating margin
-0.5%
Spent more than it raised in the latest fiscal year.
Total assets
$689.6M
Total liabilities
$314.2M
Net assets
$375.4M
Salaries & benefits
$576.2M
64% of expenses
Board members
13
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $895,902,835▲8.1% | $900,013,263▲9.4% | $375,372,039▲7.8% | $689,608,323▲5.1% | 990 |
| 2022 | $828,492,047▲5.8% | $822,354,818▼0.8% | $348,344,376▲7.3% | $655,989,824▼0.9% | 990 |
| 2021 | $782,781,208▲3.8% | $829,190,893▲10.6% | $324,786,945▼19.5% | $662,180,992▼19.8% | 990 |
| 2020 | $754,117,212▲0.8% | $749,430,342▲8.4% | $403,451,109▲9.2% | $826,172,591▼0.9% | 990 |
| 2019 | $747,772,833▲12.5% | $691,336,943▲6.4% | $369,602,512▲8.3% | $833,708,503▲21.8% | 990 |
| 2018 | $664,438,324▲6.7% | $649,520,188▲6.8% | $341,340,731▲12.1% | $684,466,670▲2.6% | 990 |
| 2017 | $622,531,139▲2.1% | $608,394,211▲2.4% | $304,561,917▲5.5% | $666,831,990▼1.0% | 990 |
| 2016 | $609,669,106▲6.3% | $594,195,061▲7.3% | $288,673,740▲11.3% | $673,557,545▼0.9% | 990 |
| 2015 | $573,513,210▲1.4% | $553,747,009▲7.6% | $259,475,761▲14.6% | $680,007,348▲30.6% | 990 |
| 2014 | $565,654,109▲13.8% | $514,736,559▲7.5% | $226,349,889▲2.3% | $520,501,227▲3.7% | 990 |
| 2013 | $497,084,662 | $479,004,186▲4.6% | $221,248,590▲15.7% | $501,846,203▲8.7% | 990 |
| 2012 | — | $457,972,561▲3.6% | $191,228,810▲45.2% | $461,855,710▲2.2% | 990 |
| 2011 | — | $442,112,037▲4.6% | $131,702,343▲18.1% | $451,819,921▲18.1% | 990 |
| 2010 | — | $422,831,825▲4.9% | $111,518,507▲0.2% | $382,439,885▲2.8% | 990 |
| 2009 | — | $403,210,881 | $111,288,003 | $371,844,763 | 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: Allen Smith Md — $1,263,309 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Allen Smith Md | President & Ceo | 40 | $1,263,309 |
| Frederick Millham Md | Chair, Surgery | 40 | $1,033,361 |
| Kristine Hanscom CPA Mst Cgma | Former Treas. & Cfo (thru 5/31/23) | 40 | $907,550 |
| William Johnston | Coo | 40 | $809,302 |
| Kimberly Dever Md | Director, Chief Ob/gyn | 40 | $790,024 |
| Luke O'connell Md | Chief Clinical Officer | 40 | $783,443 |
| Dilip Nataraj Md | Chair, Critical Care | 40 | $771,284 |
| Jason Tracy Md | Chief Med. Off. As of 12/17/2023 | 40 | $706,644 |
| Erik Shank Md | Chair, Anesthesia | 40 | $671,863 |
| Howard Chang Md | Chief, Psychiatry | 40 | $671,599 |
| Kristen Stadtlander Md | Physician | 40 | $608,720 |
| Joseph R Driscoll Esq | Secretary | 40 | $571,479 |
| Adam Buckley Md | Chief Digital & Info. Officer | 40 | $539,815 |
| Timothy Quigley | Svp Special Projects | 40 | $455,141 |
| Timothy R Lynch Md | Former Chief Med. Off. Thru 7/22/22 | 0 | $383,089 |
| Timothy M Lynch Md | Vp of Med, Critical Care, & Periop. | 40 | $345,359 |
| Stephen Jenney | Cfo & Treas. As of 10/1/23 | 40 | $293,418 |
| Amanda Marchica Do | Director As of 10/1/2023 | 40 | $285,142 |
| Justin Campbell | Dir/ch Prov Council Thru 9/30/2023 | 1 | $91,600 |
| Bradford Sampson | Medical Staff President | 1 | $80,000 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Healthcare Workforce Logistics LLC | Physician Services | $50,706,237 |
| Brigham Women's Physician Org | Physician Services | $8,908,113 |
| Brigham Women's Hospital | Physician Services | $4,519,143 |
| Medicus Hospitalist Services LLC | Physician Services | $4,344,814 |
| Aw Perry Inc | Management Company | $3,267,367 |
Grants received · $19.4M total
61 grants to South Shore Hospital Inc totaling $19.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $12,628 |
| Linden Ponds Inc | General support | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,175,655 |
| American Online Giving Foundation Inc | General support | 2023 | $148,548 |
| Donor Advised Charitable Giving | Health | 2023 | $112,500 |
| Boston Foundation Inc | Operating support/annual fund | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $1,115,600 |
| Donor Advised Charitable Giving | Health | 2022 | $100,550 |
| American Endowment Foundation | Health, general | 2022 | $30,000 |
| Boston Foundation Inc | Operating support/annual fund | 2022 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $25,000 |
| The Blackbaud Giving Fund | General support | 2022 | $14,250 |
| American Online Giving Foundation Inc | General support | 2022 | $13,210 |
| Nellie Mae Education Foundation Inc | Grayken center | 2022 | $6,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $1,165,762 |
Grants made · $15K in FY2020
1 grant totaling $15K in FY2020. All grants made by South Shore Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Shes Local Inc | Community healthcare support | $15,000 |
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Frequently asked questions
- Is South Shore Hospital Inc a legitimate nonprofit?
- Yes. South Shore Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2769210, based in S Weymouth, Massachusetts. Donations are tax-deductible.
- What is South Shore Hospital Inc's EIN?
- South Shore Hospital Inc's Employer Identification Number (EIN) is 04-2769210.
- How much revenue does South Shore Hospital Inc report?
- South Shore Hospital Inc reported $895,902,835 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of South Shore Hospital Inc's spending goes to programs?
- South Shore Hospital Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does South Shore Hospital Inc have?
- CharityIndex grades South Shore Hospital Inc A, based on program efficiency and fundraising cost.
- How much does South Shore Hospital Inc's highest-paid employee make?
- The highest reported compensation on South Shore Hospital Inc's latest Form 990 is $1,263,309, paid to Allen Smith Md (President & Ceo).
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Data for South Shore Hospital Inc (EIN 04-2769210) 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.