Boston Medical Center Corporation
Boston Medical Center Corporation reported $2.97 billion in revenue and $2.97 billion in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $87.69 went to program services, $11.96 to management and general costs and $0.35 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.7% of the total. The highest compensation it reported for one person was $2,199,373 (BMCHS PRESIDENT & CEO/TRUSTEE). 2,407 people received more than $100,000 in reportable compensation. Revenue rose 58% 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 $2.97BFor 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 $2.97BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.4% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.29 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,199,373 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.07% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 2,407 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 20 of 24 | 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 expenseThe statute that authorized the creation of Boston Medical Center requires it to serve all populations. Bmc is a private, not-for-profit, 654-licensed bed, urban academic Medical Center which emphasizes community-based, accessible care and the mission to provide consistently accessible health services to all in need of care regardless of status and ability to pay. Bmc is the largest safety net hospital in new england and provides a full spectrum of pediatric and adult care services from primary to family medicine to advanced specialty care. Boston Medical Center is dedicated to providing…
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 |
|---|---|---|---|---|
| BMCHS PRESIDENT & CEO/TRUSTEE Director/trustee, officer, 50.00 hrs/week | $1,919,294 | $0 | $280,079 | $2,199,373 |
| PRESIDENT/TRUSTEE Director/trustee, officer, 50.00 hrs/week | $1,207,284 | $0 | $16,695 | $1,223,979 |
| SVP/CHIEF DIGITAL INFO OFFICER Highest compensated employee, 50.00 hrs/week | $959,611 | $0 | $53,519 | $1,013,130 |
| SVP/CHIEF OPERATING OFFICER Highest compensated employee, 50.00 hrs/week | $844,176 | $0 | $162,316 | $1,006,492 |
| SVP/CHIEF MEDICAL OFFICER Key employee, 50.00 hrs/week | $877,850 | $0 | $43,242 | $921,092 |
| SVP/CHIEF HR OFFICER Key employee, 50.00 hrs/week | $721,697 | $0 | $119,335 | $841,032 |
| SVP/CHIEF SUSTAINABIILTY/RE OFFICER Highest compensated employee, 50.00 hrs/week | $723,680 | $0 | $89,978 | $813,658 |
| SVP/CTO, TREASURER (THRU 11/12/24) Officer, 50.00 hrs/week | $718,620 | $0 | $71,281 | $789,901 |
2,407 people received more than $100,000 in reportable compensation from Boston Medical Center Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $9.5M (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–1b24 · 20 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 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 512,148
- Volunteers Part I, line 6580
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| BOSTON UNIVERSITY Research & other shared services | $63,814,182 |
| SHC SERVICES INC Temporary staffing | $53,152,514 |
| WALSH BROTHERS INCORPORATED Building contractor | $35,600,442 |
| PRICEWATERHOUSECOOPERS ADVISORS Accounts receivable management | $28,561,744 |
| MIDDLESEX INTERIORS INC Building contractor | $9,249,168 |
Individuals listed as contractors are left out. 211 contractors were paid more than $100,000 in all.
Private foundation grants it received
93 private foundations reported grants to Boston Medical Center Corporation totaling $15M 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 Boston Medical Center Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Boston Medical Center Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Boston Medical Center Corporation spent in FY2025, $87.69 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Southern Baptist Hospital of FloridaJacksonville, FL · revenue $2.97B · programs 85.6% · FY2025
- Thomas Jefferson University HospitalsPhiladelphia, PA · revenue $2.99B · programs 87.8% · FY2025
- Baptist Hospital of MiamiMiami, FL · revenue $2.97B · programs 89.5% · FY2025
- Shands Teaching Hospital and ClinicsGainesville, FL · revenue $3.00B · programs 86.9% · FY2025
- Hartford HospitalHartford, CT · revenue $2.94B · programs 93.5% · FY2025
All health care charities · Largest charities in Massachusetts
Questions people ask
How much of Boston Medical Center Corporation's spending goes to programs?
In the fiscal year ending September 30, 2025, Boston Medical Center Corporation reported that 87.7% of its $2.97 billion in expenses went to program services, 12.0% to management and general and 0.4% to fundraising (Form 990, Part IX).
How much does Boston Medical Center Corporation pay its top executive?
The largest total compensation Boston Medical Center Corporation reported for one person in the fiscal year ending September 30, 2025 was $2,199,373, for the role of BMCHS PRESIDENT & CEO/TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Boston Medical Center Corporation get its money?
Of $2.97 billion in revenue in the fiscal year ending September 30, 2025, 1.2% came from contributions and grants and 96.7% from program service revenue (Form 990, Part VIII).
Is Boston Medical Center Corporation a registered charity?
The IRS lists EIN 04-3314093 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 202602269349302250 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522279349301107 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402289349302215 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349301503 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242249349301729 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112289349303551 · read the filing
All filings for EIN 04-3314093: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.