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Rhode Island · Nonprofit
Newport Hospital (Rhode Island) is funded by 22 grantmakers whose IRS filings report $20,076,880 in grants to it, the largest being Newport Hospital Foundation ($17,542,811). 8 of them have funded it in more than one year.
Against its field
Newport Hospital is better cushioned than half of the 1,388 health nonprofits its size.
this organization peer median middle 50% of peers· 1,388 health nonprofits over $100M, FY2024
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
0% of Newport Hospital’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
The base broadened — 2 funders to 8 as grant income moved $60k → $1.2M.
2 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Newport Hospital’s funders (the co-funder graph). Association, not causation.
Newport Hospital leans on a few funders — its largest provides 87% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 83% · 2018 98% · 2019 97% · 2020 95% · 2021 92% · 2022 71% · 2023 96% · 2024 57% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
36% of Newport Hospital's funders are still giving 3 years after their first grant; 36% give in more than one year at all.
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.
Newport Hospital is locally rooted: 90% of its grant income comes from Rhode Island funders.
In-state vs out-of-state, by year
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 22 funders put you under-funded among the 400 organizations that share them.
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $773k on record.
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.
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
Read directly from this organization’s own Form 990, as neutral context.
81% of spending goes to programs.
Operates in 1 state
Part of a family of 36 related entities
Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 22funders 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. view filing