Lawrence General Hospital
Also known as Merrimack Health Lawrence Hospital
Lawrence General Hospital reported $367.6 million in revenue and $366.2 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $71.63 went to program services, $28.28 to management and general costs and $0.09 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 84.9% of the total. The highest compensation it reported for one person was $923,247 (PRESIDENT & CEO (UNTIL 02/2025)). 487 people received more than $100,000 in reportable compensation. Revenue rose 28% 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 $366MFor 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 $368MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 71.6% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 28.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.49 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 84.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $923,247 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.25% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 487 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 16 of 18 | 88.9% |
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 expenseInpatient healthcare services - providing inpatient services consistent with our core values by providing access to comprehensive, high quality, compassionate, and efficient healthcare services. Lawrence General Hospital is a 186 bed hospital that provided 51,116 patient days of inpatient services with 11,947 discharges during FY 2025
Outpatient healthcare services - providing outpatient services consistent with our core values by providing access to comprehensive, high quality, compassionate, and efficient healthcare services. During FY 2025, Lawrence General Hospital had 291,578 outpatient visits
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO (UNTIL 02/2025) Director/trustee, officer, 50.0 hrs/week | $893,147 | $0 | $30,100 | $923,247 |
| CHIEF CARDIOVASCULAR & AMBULATORY MEDICINE Highest compensated employee, 40.0 hrs/week | $619,889 | $0 | $22,457 | $642,346 |
| MEDICAL DIRECTOR - CARDIOLOGY Highest compensated employee, 40.0 hrs/week | $607,864 | $0 | $14,013 | $621,877 |
| PHYSICIAN (ORTHO TRAUMA) Highest compensated employee, 40.0 hrs/week | $570,213 | $0 | $32,419 | $602,632 |
| INTERIM PRESIDENT & CEO (02/2025 - 04/2025); COO Officer, 40.0 hrs/week | $517,092 | $0 | $37,272 | $554,364 |
| CHIEF PHYSICIAN EXECUTIVE AND CMO Key employee, 40.0 hrs/week | $490,453 | $0 | $57,357 | $547,810 |
| CHIEF NURSE EXECUTIVE AND CQO Key employee, 40.0 hrs/week | $480,074 | $0 | $48,977 | $529,051 |
| PHYSICIAN (PULMONOLOGY) Highest compensated employee, 40.0 hrs/week | $450,966 | $0 | $29,419 | $480,385 |
487 people received more than $100,000 in reportable compensation from Lawrence General Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b18 · 16 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 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- 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 52,329
- Volunteers Part I, line 6410
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| HWL HOLDINGS LLC TFM ESCROW Contract labor | $18,932,485 |
| EXPRESS SCRIPTS Pharmacy benefit administrator | $8,977,777 |
| STEWARD HEALTH CARE HOLDINGS LLC Transition service agreement | $6,961,973 |
| OBHG MASSACHUSETTS PC Physician services | $2,921,679 |
Individuals listed as contractors are left out. 80 contractors were paid more than $100,000 in all.
Private foundation grants it received
12 private foundations reported grants to Lawrence General Hospital totaling $424K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Lawrence General 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 Lawrence General Hospital, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lawrence General Hospital spent in FY2025, $71.63 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Marshall Medical CenterPlacerville, CA · revenue $368M · programs 72.0% · FY2025
- Valley View Hospital AssociationGlenwood Springs, CO · revenue $368M · programs 85.4% · 2024
- Touro InfirmaryNew Orleans, LA · revenue $367M · programs 80.2% · 2024
- Kapi'olani Medical SpecialistsHonolulu, HI · revenue $369M · programs 89.7% · FY2025
- CARE Plus BergenParamus, NJ · revenue $367M · programs 88.4% · 2024
All health care charities · Largest charities in Massachusetts
Questions people ask
How much of Lawrence General Hospital's spending goes to programs?
In the fiscal year ending September 30, 2025, Lawrence General Hospital reported that 71.6% of its $366.2 million in expenses went to program services, 28.3% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Lawrence General Hospital pay its top executive?
The largest total compensation Lawrence General Hospital reported for one person in the fiscal year ending September 30, 2025 was $923,247, for the role of PRESIDENT & CEO (UNTIL 02/2025) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lawrence General Hospital get its money?
Of $367.6 million in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants (including 0.2% from government grants) and 84.9% from program service revenue (Form 990, Part VIII).
Is Lawrence General Hospital a registered charity?
The IRS lists EIN 04-2103586 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 202622269349301907 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542239349301814 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442289349303039 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302139349300415 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242159349301464 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102239349302130 · read the filing
All filings for EIN 04-2103586: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.