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Massachusetts · Nonprofit

Athol Memorial Hospital

Athol Memorial Hospital (Massachusetts) receives grants from 5 organizations whose IRS filings report $782,619 to it, the largest being BARTOLOMEI - B ($349,500). 2 of them have funded it in more than one year.

Revenue FY2025
$52M
Funders on record
5
Grants received
$783k
Net assets
$28M
2/5 repeat funderspeak grant-dependency 1%
01What it does

What Athol Memorial Hospital does

Mission

Our mission is to be our region's first choice for quality, compassionate, patient-centered care.

As stated on its FY2025 Form 990.

Program

  1. Athol Hospital provides various outpatient services such as an Emergency Room, on-site Cardiac specialists, high tech laboratory, cardiopulmonary testing, a short stay unit, advanced imaging,rehabilitation services, and many others on an outpatient basis.Athol Hospital provides inpatient acute care services, as well as a Swing Bed program, which transitions beds from acute care to sub-acute care to accommodate the rehabilitation needs of recovering patients.Athol Hospital has three provider based practices: one was an established Rural Health Clinic, and the other was converted to a Rural Health Clinic in 2020, and the last one is to be our communities' trusted choice for exceptional patient-centered care.

    $40,559,496 spent$46,041,248 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $40,559,496.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($29M) Expenses 100 ($27M) Net assets 100 ($8.4M)2018 Revenue 100 ($29M) Expenses 102 ($27M) Net assets 97 ($8.2M)2019 Revenue 113 ($33M) Expenses 121 ($32M) Net assets 110 ($9.3M)2020 Revenue 122 ($35M) Expenses 125 ($34M) Net assets 262 ($22M)2021 Revenue 138 ($40M) Expenses 135 ($36M) Net assets 217 ($18M)2022 Revenue 110 ($32M) Expenses 143 ($38M) Net assets -3 ($-247655)2023 Revenue 142 ($41M) Expenses 151 ($40M) Net assets 181 ($15M)2024 Revenue 158 ($46M) Expenses 154 ($41M) Net assets 202 ($17M)2025 Revenue 178 ($52M) Expenses 157 ($42M) Net assets 331 ($28M)
'17'18'19'20'21'22'23'24'25
Revenue (178)Expenses (157)Net assets (331)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $25M to $36M (+44%).

$14M
$24M
$25M
$36M
$33M
$25M
$25M
$26M
$35M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 1% · 2019 2% · 2020 3% · 2021 2% · 2023 0% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

1% of Athol Memorial Hospital’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$2.4M
’17
$1.7M
’18
$815k
’19
$1.9M
’20
$4.0M
’21
−$6.0M
’22
$961k
’23
$4.8M
’24
$9.7M
’25
2.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rozanna Penney

President/CEO

Board chair

Robert Chauvin

Chairman

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed333327282931312829
Joined·+3+1+8+6+7+6+4+5
No longer listed·37755674
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $7k → $68k.

From the IRS filings of Athol Memorial Hospital’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Athol Memorial Hospital leans on a few funders — its largest provides 45% of grant income and the top three 96%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

45%
largest funder
96%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 61% · 2019 100% · 2020 63% · 2021 85% · 2022 78% · 2023 76% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Athol Memorial Hospital draws 59% of its grant income from funders outside Massachusetts, across 3 states in all.

MA
MO
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Athol Memorial Hospital runs a healthier operating margin than three-quarters of the 2,843 health nonprofits its size.

Operating margin19% · top quartile
Months of reserve2.0mo · above the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Government funding Athol Memorial Hospital receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $47.6M on record — $3.0M federal, $44.5M state.

Federal$3.0M
grants $3.0Mcontracts $0
18
19
20
22
23
24
25
Top agencies
  • Department of Health and Human Services$3.0M
State$44.5M
17
18
19
20
21
22
23
24
25
Top programs
  • (RR) BENEFIT PROGRAMS$43.4M
  • (PP) STATE AID/POL SUB$801k
  • (MM) PURCHASED CLIENT/PROGRAM SVCS$350k
  • (JJ) OPERATIONAL SERVICES$19k
  • (EE) ADMINISTRATIVE EXPENSES$1k
  • (HH) CONSULTANT SVCS (TO DEPTS)$996

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Athol Memorial Hospital

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 3%Fundraising 0%

Governance

19
board members
74%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 9 related entities

  • Heywood Healthcare Inc · exempt
  • Henry Heywood Memorial Hospital · exempt
  • Heywood Medical Group · exempt
  • Quabbin Healthcare Inc · exempt
  • Heywood Realty Corp · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Athol Memorial Hospital: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Athol Memorial Hospital?
Athol Memorial Hospital (Massachusetts) receives grants from 5 organizations whose IRS filings report $782,619 to it, the largest being BARTOLOMEI - B ($349,500). 2 of them have funded it in more than one year.
How many funders does Athol Memorial Hospital have?
IRS filings report 5 organizations giving $782,619 in grants to Athol Memorial Hospital, 2 of which have funded it in more than one year.
Who is the largest funder of Athol Memorial Hospital?
BARTOLOMEI - B is the largest funder on record, with $349,500 in grants. The full list of funders is on this page.
How can an organization like Athol Memorial Hospital find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing