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Porter Hospital

Middlebury, VT · EIN 03-0181058 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Porter Hospital reported $138.2 million in revenue and $129.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $80.65 went to program services, $19.20 to management and general costs and $0.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.1% of the total. The highest compensation it reported for one person was $777,218 (MG PRESIDENT & CEO (AS OF 7/2025)). 76 people received more than $100,000 in reportable compensation. Revenue rose 52% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $129M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $138M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
19.2%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.5%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.1%93.7%
Highest reported compensation
Part VII-A, columns D–F
$777,218$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.60%1.34%
People paid over $100,000
Part VII, line 2
7627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.16.6
Independent voting board members
Part VI 1a–1b
10 of 1188.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$104M expenses · 100.0% of program spending · revenue $134M

No description in Part III; see the filing.

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
MG PRESIDENT & CEO (AS OF 7/2025)
Key employee, 2.00 hrs/week
$0$703,586$73,632$777,218
PRES/CEO OF UVMHN MG (TIL 3/2025)
Key employee, 1.00 hrs/week
$0$650,982$100,184$751,166
PRES, ECH & PMC
Officer, 15.00 hrs/week
$0$558,597$65,520$624,117
FMR INTERIM CFO
Former, 0.00 hrs/week
$0$470,060$40,758$510,818
DIRECTOR
Director/trustee, 2.00 hrs/week
$0$440,210$36,992$477,202
CRNA
Highest compensated employee, 45.00 hrs/week
$308,351$0$45,575$353,926
CFO
Officer, 15.00 hrs/week
$0$304,915$43,781$348,696
CRNA
Highest compensated employee, 45.00 hrs/week
$298,035$0$38,621$336,656

76 people received more than $100,000 in reportable compensation from Porter Hospital (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$138M$129M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$138M$129M80.6%$87M$777,218
FY2024 ⓘ$129M$120M77.8%$77M$604,225
FY2023 ⓘ$120M$111M81.4%$68M$550,813
FY2022 ⓘ$107M$102M82.8%$54M$531,746
FY2021 ⓘ$100M$92M80.6%$55M$374,322
FY2020 ⓘ$91M$86M92.0%$45M$413,293

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5651
  • Volunteers Part I, line 6217

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CROSS COUNTRY STAFFING INC
Traveling nursing services
$11,964,933
ALLIANCE HEALTHCARE SERVICES INC
Radiology services
$1,130,036
PHILIPS HEALTHCARE INFORMATICS
Medical equipment
$774,271
HEALTHCARE WORKFORCE LOGISTICS LLC
Temporary staffing
$724,295
AYA HEALTHCARE INC
Traveling nursing services
$382,986

Individuals listed as contractors are left out. 21 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Porter Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Porter Hospital, you can publish a response that is linked from this page.

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Questions people ask

How much of Porter Hospital's spending goes to programs?

In the fiscal year ending September 30, 2025, Porter Hospital reported that 80.6% of its $129.0 million in expenses went to program services, 19.2% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Porter Hospital pay its top executive?

The largest total compensation Porter Hospital reported for one person in the fiscal year ending September 30, 2025 was $777,218, for the role of MG PRESIDENT & CEO (AS OF 7/2025) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Porter Hospital get its money?

Of $138.2 million in revenue in the fiscal year ending September 30, 2025, 1.0% came from contributions and grants (including 0.5% from government grants) and 96.1% from program service revenue (Form 990, Part VIII).

Is Porter Hospital a registered charity?

The IRS lists EIN 03-0181058 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622259349300417 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542269349301304 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412279349301681 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302269349300235 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232279349303308 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142289349304254 · read the filing

All filings for EIN 03-0181058: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.