Newport Hospital Foundation
Newport Hospital Foundation reported $13.6 million in revenue and $9.2 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $84.16 went to program services, $4.31 to management and general costs and $11.53 to fundraising. Its largest source of revenue was investment income: 82.0% of the total. The highest compensation it reported for one person was $1,505,315 (EVP & CFO). Revenue rose 65% 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 $9.2MFor 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 $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 11.5% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.43 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 18.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,505,315 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 16.30% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 181.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 17 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 expenseHighest 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 |
|---|---|---|---|---|
| EVP & CFO Officer, 0.1 hrs/week | $0 | $1,464,555 | $40,760 | $1,505,315 |
| Former President Former, 0 hrs/week | $0 | $786,684 | $448,861 | $1,235,545 |
| President thru 7/25 Director/trustee, officer, 1 hrs/week | $0 | $702,482 | $40,089 | $742,571 |
| Trustee Director/trustee, 2 hrs/week | $0 | $426,586 | $82,990 | $509,576 |
| Former CNO Former, 0 hrs/week | $0 | $404,193 | $58,334 | $462,527 |
| President Director/trustee, officer, 0.25 hrs/week | $0 | $12,810 | $0 | $12,810 |
0 people received more than $100,000 in reportable compensation from Newport Hospital Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (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 · 17 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 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 50
- Volunteers Part I, line 6125
Private foundation grants it received
20 private foundations reported grants to Newport Hospital Foundation totaling $1.1M 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 Foundation'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 Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Newport Hospital Foundation spent in FY2025, $84.16 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The C W Williams Community Health CenterCharlotte, NC · revenue $14M · programs 83.8% · FY2025
- Abingdon Physician PartnersJohnson City, TN · revenue $14M · programs 89.8% · FY2025
- Starnet Emergency ServicesMount Kisco, NY · revenue $14M · programs 91.7% · 2024
- Apostolic Christian HomeSabetha, KS · revenue $14M · programs 100.0% · FY2025
- Harrisonburg Community Health CenterHarrisonburg, VA · revenue $14M · programs 84.4% · 2024
All health care charities · Largest charities in Rhode Island
Questions people ask
How much of Newport Hospital Foundation's spending goes to programs?
In the fiscal year ending September 30, 2025, Newport Hospital Foundation reported that 84.2% of its $9.2 million in expenses went to program services, 4.3% to management and general and 11.5% to fundraising (Form 990, Part IX).
How much does Newport Hospital Foundation pay its top executive?
The largest total compensation Newport Hospital Foundation reported for one person in the fiscal year ending September 30, 2025 was $1,505,315, for the role of EVP & CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Newport Hospital Foundation get its money?
Of $13.6 million in revenue in the fiscal year ending September 30, 2025, 18.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Newport Hospital Foundation a registered charity?
The IRS lists EIN 22-2535533 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202632309349301008 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502269349302400 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422279349302367 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342239349301784 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242249349300329 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102289349302410 · read the filing
All filings for EIN 22-2535533: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.