THE LOWELL GENERAL HOSPITAL

LOWELL, MA, 018542193 (978) 937-6000 Est. 1939 EIN 04-2103590
E220 - Health Care 990 - Public charity return 501(c)(3)
www.tuftsmedicine.org

Mission

TO MEET THE HEALTHCARE NEEDS OF COMMUNITIES SERVED THROUGH THE PROVISION OF INPATIENT AND OUTPATIENT MEDICAL SERVICES. TO PROVIDE SERVICES, PROGRAMS AND INITIATIVES TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF THE CITIZENS IN THE AREA, WITH A PARTICULAR FOCUS ON PEOPLE WHO ARE MEDICALLY UNDERSERVED, AT RISK, OR FINANCIALLY DISADVANTAGED.

Giving Portfolio

Total Grants
106
Total Giving
$1.5M
Recipients
103
Years Active
2017 - 2024
Avg grant: $15,707 Median: $9,958

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20246$129K $22K15
20233$50K $17K03
20229$181K $20K18
202112$152K $13K210
20206$49K $8K06
201912$282K $23K110
201826$273K $11K520
201732$398K $12K310

Sectors Funded

Arts, Culture & Humanities
9
Human Services
7
Religion-Related
7
Education
7
Youth Development
6
Community Improvement
5
Food, Agriculture & Nutrition
5
Mental Health & Crisis Intervention
5
and 5 more sectors

Top States

Massachusetts
100
Texas
4
California
1
Georgia
1

Grantee Size Profile

$1M - $5M
21
$100K - $500K
14
$5M - $10M
12
Over $50M
11
$500K - $1M
6
$10M - $50M
4

Top Grantees

Page 1 of 3
UNIVERSITY OF MASSACHUSETTS LOWELL
MA - 6 grants
$217K
$78K
AUNT BERTHA A PUBLIC BENEFIT CORP
TX - 4 grants
$61K
MA - 5 grants
$55K
NASHOBA VALLEY SKI AREA
MA - 3 grants
$51K

Grants Awarded · 75 grants

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Financials

Total Revenue
$666,423,848
Total Expenses
$622,548,313
Net Assets
$172,566,708
4,170 employees 171 volunteers
From latest filing (tax period ending 2025-09-30)

Financial Health

Operating Reserve
3.3 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 10.1%
Expenses ↓ 0.7%
Revenue Sources
Contributions 0.8% Earned revenue 93.4% Investment 0.4% Other 5.0%
Expense Breakdown
Program 81.6% Management 18.3% Fundraising 0.1%

Officers & Trustees (29)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Oct 1, 2024 to Sep 30, 2025
$666,423,848 ↑$622,548,313$172,566,708
2023 990 - Public charity return
Oct 1, 2023 to Sep 30, 2024
$605,254,918 ↓$626,839,501$182,894,062
2022 990 - Public charity return
Oct 1, 2022 to Sep 30, 2023
$657,122,447 ↑$590,309,347$90,987,943
2021 990 - Public charity return
Oct 1, 2021 to Sep 30, 2022
$528,659,287 ↓$608,429,753$109,771,307
2020 990 - Public charity return
Oct 1, 2020 to Sep 30, 2021
$534,206,195 ↑$498,595,095$173,929,705
2019 990 - Public charity return
Oct 1, 2019 to Sep 30, 2020
$492,829,849 ↑$469,388,239$123,665,800
2018 990 - Public charity return
Oct 1, 2018 to Sep 30, 2019
$485,151,578 ↓$458,621,162$137,789,077
2017 990 - Public charity return
Oct 1, 2017 to Sep 30, 2018
$496,748,443 $456,080,286$160,991,374

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EIN: 04-2103590 · Source: IRS Form 990 e-file data