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Newport Hospital

Newport, RI · EIN 05-0258914 · 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

Newport Hospital reported $175.0 million in revenue and $170.7 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $82.81 went to program services, $17.19 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 90.3% of the total. The highest compensation it reported for one person was $2,016,723 (Trustee). 151 people received more than $100,000 in reportable compensation. Revenue rose 35% 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 $171M

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 $175M

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)
82.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
17.2%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
90.3%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,016,723$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.18%1.34%
People paid over $100,000
Part VII, line 2
15127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
25.46.6
Independent voting board members
Part VI 1a–1b
12 of 1788.9%

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
$76M expenses · 53.8% of program spending · revenue $74M

During the fiscal year ended September 30, 2025, NH reported 30,994 inpatient days, 5,617 discharges, 446 newborn deliveries, and 424 inpatient surgeries. NH provides a range of diagnostic therapeutic healthcare services including: behavioral medicine, cardiac services, obstetrics, orthopedics, pulmonary medicine, and cancer care. (See also Schedule O, Part III, Line 4a)

$59M expenses · 41.4% of program spending · revenue $79M

NH provides certain healthcare services on an outpatient basis. In fiscal year 2025, NH experienced outpatient volume of 55,901 equivalent outpatient days and performed 2,292 outpatient surgeries. Outpatient services are also provided in NH's Emergency Department, which had 33,980 patient visits in fiscal year 2025. Outpatient services include an emergency department, diagnostic medical imaging, laboratory, Vanderbilt Rehabilitation Center, and wound care, among others. The Emergency Department (ED) is open and staffed 24 hours a day, 365 days a year, with emergency medicine physicians and…

$6.7M expenses · 4.8% of program spending · revenue $5.6M

The Noreen Stonor Drexel Birthing Center (the Center) at NH delivered 446 newborns during the fiscal year ended September 30, 2025. The Center is a separate unit at NH for labor and delivery, enabling patients to remain in the same location for labor, delivery, recovery, and postpartum care. The Center's staff includes board-certified obstetricians, pediatricians, family practitioners, anesthesiologists, a certified nurse midwife, and registered nurses who have received national certifications in obstetrical nursing. The Center at NH has received the "Baby Friendly" designation from the World…

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
Trustee
Director/trustee, 3 hrs/week
$0$1,651,362$365,361$2,016,723
Trustee
Director/trustee, 0.5 hrs/week
$0$1,671,733$46,216$1,717,949
Treasurer
Officer, 0.5 hrs/week
$0$1,464,555$40,760$1,505,315
Former Trustee
Former, 0 hrs/week
$0$1,335,765$0$1,335,765
Fmr President
Former, 0 hrs/week
$0$786,684$448,861$1,235,545
Secretary
Officer, 5 hrs/week
$0$879,367$149,013$1,028,380
Interim President thru 7/25
Key employee, 40 hrs/week
$0$702,482$40,089$742,571
Fmr Treasurer
Former, 0 hrs/week
$0$539,491$116,060$655,551

151 people received more than $100,000 in reportable compensation from Newport Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$175M$171M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$175M$171M82.8%$362M$2,016,723
FY2024 ⓘ$171M$169M81.5%$340M$3,679,676
FY2023 ⓘ$149M$144M79.4%$301M$6,836,842
FY2022 ⓘ$131M$132M79.3%$279M$3,629,462
FY2021 ⓘ$148M$130M72.4%$309M$3,896,085
FY2020 ⓘ$129M$125M76.0%$255M$3,185,028

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–1b17 · 12 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 14bNo
  • Employees Part I, line 51,136
  • Volunteers Part I, line 6150

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
AMN Healthcare Inc
Healthcare Staffing
$2,067,562
Allied Universal Security Services
Security
$1,381,275
Sodexho Inc and Affiliates
Food Services
$734,559
Brown Surgical Associates
Medical Services
$730,945
Pinkerton Consulting
Consulting Services
$644,590

Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Newport Hospital totaling $81,095 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 Newport 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 Newport Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Rhode Island

Questions people ask

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

In the fiscal year ending September 30, 2025, Newport Hospital reported that 82.8% of its $170.7 million in expenses went to program services, 17.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Newport Hospital pay its top executive?

The largest total compensation Newport Hospital reported for one person in the fiscal year ending September 30, 2025 was $2,016,723, for the role of Trustee (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Newport Hospital get its money?

Of $175.0 million in revenue in the fiscal year ending September 30, 2025, 2.6% came from contributions and grants (including 0.0% from government grants) and 90.3% from program service revenue (Form 990, Part VIII).

Is Newport Hospital a registered charity?

The IRS lists EIN 05-0258914 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 202612309349301006 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512269349302041 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349301828 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312269349301076 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202249349300625 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112259349302326 · read the filing

All filings for EIN 05-0258914: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.