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Rhode Island · Nonprofit

KENT COUNTY MEMORIAL HOSPITAL

KENT COUNTY MEMORIAL HOSPITAL (Rhode Island) receives grants from 10 organizations whose IRS filings report $4,949,281 to it, the largest being ROBERT H CHAMPLIN TUW ($2,826,114). 3 of them have funded it in more than one year.

Revenue FY2025
$756M
Funders on record
10
Grants received
$4.9M
Net assets
$28M
3/10 repeat funderspeak grant-dependency 0%
01What it does

What Kent County Memorial Hospital does

Mission

Kent County Memorial Hospital is devoted to continually improving the health and well-being of the people and communities we serve, offering our essential services without regard for ability to pay. Please refer to schedule o for the organization's community benefit statement.

As stated on its FY2025 Form 990.

Program

  1. Expenses incurred in providing various other medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. Please refer to schedule o for the organization's community benefit statement.

    $697,995,557 spentof which $69,300 as grants$749,575,900 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $697,995,557.

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 ($445M) Expenses 100 ($446M) Net assets 100 ($71M)2018 Revenue 111 ($493M) Expenses 107 ($478M) Net assets 140 ($100M)2019 Revenue 117 ($520M) Expenses 114 ($510M) Net assets 140 ($100M)2020 Revenue 114 ($505M) Expenses 116 ($516M) Net assets 118 ($84M)2021 Revenue 139 ($617M) Expenses 132 ($588M) Net assets 184 ($131M)2022 Revenue 135 ($601M) Expenses 142 ($634M) Net assets 124 ($88M)2023 Revenue 145 ($646M) Expenses 150 ($668M) Net assets 99 ($70M)2024 Revenue 154 ($687M) Expenses 157 ($700M) Net assets 65 ($46M)2025 Revenue 170 ($756M) Expenses 174 ($776M) Net assets 39 ($28M)
'17'18'19'20'21'22'23'24'25
Revenue (170)Expenses (174)Net assets (39)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 $189M to $263M (+39%).

$156M
$173M
$189M
$263M
$282M
$278M
$274M
$233M
$241M
'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: 2020 6% · 2021 9% · 2022 2% · 2023 1% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of KENT COUNTY MEMORIAL HOSPITAL’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

−$945k
’17
$15M
’18
$9.8M
’19
−$11M
’20
$29M
’21
−$33M
’22
−$22M
’23
−$13M
’24
−$20M
’25
0.3
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

Michael E Wagner Md

Director - president/CEO/cne

Board chair

Gary E Furtado

Chairman - director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed474239403231313132
Joined·+4+5+8+3+4+7+3+5
No longer listed·987115734
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $68k → $593k.

1 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $10M from 3 payers (the payer shares this organization's board, largest Kent Hospital Foundation). These are real filings, and they are not money KENT COUNTY MEMORIAL HOSPITAL raised.

From the IRS filings of KENT COUNTY 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

KENT COUNTY MEMORIAL HOSPITAL leans on a few funders — its largest provides 57% of grant income and the top three 85%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

57%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 77% · 2019 75% · 2020 64% · 2021 69% · 2022 79% · 2023 67% — 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.

How long its funders stay

40% of KENT COUNTY MEMORIAL HOSPITAL's funders are still giving 3 years after their first grant; 30% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

KENT COUNTY MEMORIAL HOSPITAL draws 97% of its grant income from funders outside Rhode Island, across 6 states in all.

NY
PA
RI
NE
NC
TX

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

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

Funder states come from each funder’s own filing. $696k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

KENT COUNTY MEMORIAL HOSPITAL's funding base is broadening — from 1 funders to 3 as grant income climbed.

Operating margin−3% · bottom quartile
Months of reserve0.3mo · below the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Government funding KENT COUNTY MEMORIAL HOSPITAL receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.5M on record — $8.3M federal, $1.2M state.

Federal$8.3M
grants $8.3Mcontracts $0
19
20
21
22
23
24
25
26
Top agencies
  • Department of Health and Human Services$8.3M
State$1.2M
14
17
18
19
20
21
22
23
24
25
By state
  • MA$1.2M
  • VT$2k

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 KENT COUNTY 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 Rhode Island

Nationally

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

17
board members
76%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 30 related entities

  • Kent Ancillary Services LLC · disregarded
  • Affinity Physicians LLC · disregarded
  • Care New England Pharmacy LLC · disregarded
  • Blackstone Health Inc · exempt
  • Butler Hospital · exempt

Screen this organization

A dated, signed PDF of the compliance screen for KENT COUNTY 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.

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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 KENT COUNTY MEMORIAL HOSPITAL?
KENT COUNTY MEMORIAL HOSPITAL (Rhode Island) receives grants from 10 organizations whose IRS filings report $4,949,281 to it, the largest being ROBERT H CHAMPLIN TUW ($2,826,114). 3 of them have funded it in more than one year.
How many funders does KENT COUNTY MEMORIAL HOSPITAL have?
IRS filings report 10 organizations giving $4,949,281 in grants to KENT COUNTY MEMORIAL HOSPITAL, 3 of which have funded it in more than one year.
Who is the largest funder of KENT COUNTY MEMORIAL HOSPITAL?
ROBERT H CHAMPLIN TUW is the largest funder on record, with $2,826,114 in grants. The full list of funders is on this page.
How can an organization like KENT COUNTY MEMORIAL HOSPITAL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. 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 10 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