Circle Health Physicians
Circle Health Physicians reported $91.8 million in revenue and $115.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $91.74 went to program services, $8.26 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: 100.0% of the total. The highest compensation it reported for one person was $2,050,443 (FMR. PRESIDENT/CEO). 139 people received more than $100,000 in reportable compensation. Revenue rose 46% 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 $116MFor 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 $92MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.3% | 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 | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 100.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,050,443 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.77% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 139 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 of 2 | 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 expenseLgh mvc associates is comprised of eleven physicians that practice clinical cardiology. Most physicians specialize in areas such as interventional cardiology, electrophysiology, imaging techniques such as nuclear cardiology, echo or ct angiography in addition to specific issues such as coronary disease, cholesterol disorders and heart failure
Lgh medical group is a group of physician practices with merrimack family medicine being the largest within this group. Merrimack family medicine is an integrated family practice with five physicians, three nurse practitioners, and two physician assistants offering comprehensive primary medical care, health services, and information to all patients. Our services include gynecology, obstetrics, pediatrics, and adult medicine
Circle Health urgent care facilities are located in billerica, dracut, tewksbury and westford massachusetts. Circle Health's urgent care centers provide walk-in, urgent care for non-life threatening conditions and other ailments that require prompt medical attention. They offer occupational medicine services and travel medicine for those traveling abroad. Unlike many other urgent care clinics, our urgent care centers are staffed with experienced urgent care physicians from merrimack valley emergency associates who are available onsite during operating hours. All locations serve children…
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 |
|---|---|---|---|---|
| FMR. PRESIDENT/CEO Former, 0.00 hrs/week | $0 | $2,050,443 | $0 | $2,050,443 |
| TREASURER/CFO Director/trustee, officer, 1.00 hrs/week | $0 | $1,123,052 | $25,843 | $1,148,895 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,060,322 | $0 | $29,043 | $1,089,365 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,029,673 | $0 | $32,359 | $1,062,032 |
| PRESIDENT, EVP/COO Director/trustee, officer, 1.00 hrs/week | $0 | $852,943 | $147,442 | $1,000,385 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $790,182 | $0 | $29,018 | $819,200 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $776,748 | $0 | $35,903 | $812,651 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $785,567 | $0 | $22,133 | $807,700 |
139 people received more than $100,000 in reportable compensation from Circle Health Physicians (Part VII, line 2).
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–1b2 · 0 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 6171
Correct a figure or respond
Every number above is copied from Circle Health Physicians's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Circle Health Physicians, you can publish a response that is linked from this page.
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Of every $100 Circle Health Physicians spent in FY2025, $91.74 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Circle Health Physicians's spending goes to programs?
In the fiscal year ending September 30, 2025, Circle Health Physicians reported that 91.7% of its $115.9 million in expenses went to program services, 8.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Circle Health Physicians pay its top executive?
The largest total compensation Circle Health Physicians reported for one person in the fiscal year ending September 30, 2025 was $2,050,443, for the role of FMR. PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Circle Health Physicians get its money?
Of $91.8 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).
Is Circle Health Physicians a registered charity?
The IRS lists EIN 27-3902914 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202602259349302620 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512269349303031 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402289349302305 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349300328 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242279349301734 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112289349302451 · read the filing
All filings for EIN 27-3902914: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.