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Massachusetts · Nonprofit

SOUTHCOAST HEALTH SYSTEM INC

SOUTHCOAST HEALTH SYSTEM INC (Massachusetts) receives grants from 38 organizations whose IRS filings report $5,323,916 to it, the largest being IDA S CHARLTON FUND ($1,236,132). 24 of them have funded it in more than one year.

Revenue FY2025
$37M
Funders on record
38
Grants received
$5.3M
Net assets
$284M
24/38 repeat funderspeak grant-dependency 8%
01What it does

What Southcoast Health System Inc does

Mission

The mission of southcoast health system (shs) is to care for and improve the health and promote the wellness of the individuals in the shs communities. (see schedule o)

As stated on its FY2025 Form 990.

Programs

  1. Southcoast health network - southcoast health system, through its interest in southcoast health network (shn), aims to provide network management and support services to physicians and other medical professionals associated with the system.

    $11,518,317 spent$14,494,995 earned by the program
    83% of program spending
  2. Southcoast accountable care organization - southcoast health system, through its interest in southcoast accountable care organization, aims to expand the delivery of healthcare services with a variety of public and private payers and to support the reducing of costs of care while improving quality and patient experience.

    $2,309,972 spent$4,619,944 earned by the program
    17% of program spending
  3. Southcoast behavioral health - southcoast health system, through its interest in southcoast behavioral health (sbh), aims to address an urgent healthcare need of the community it serves by providing high quality medical care for community members facing behavioral health issues.

    $5,140,496 earned by the program

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $13,828,289.

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 ($6.1M) Expenses 100 ($1.4M) Net assets 100 ($129M)2018 Revenue 229 ($14M) Expenses 167 ($2.3M) Net assets 113 ($145M)2019 Revenue 338 ($21M) Expenses 677 ($9.6M) Net assets 118 ($152M)2020 Revenue 589 ($36M) Expenses 1259 ($18M) Net assets 127 ($163M)2021 Revenue 637 ($39M) Expenses 987 ($14M) Net assets 165 ($213M)2022 Revenue 752 ($46M) Expenses 1301 ($18M) Net assets 160 ($206M)2023 Revenue 529 ($32M) Expenses 1121 ($16M) Net assets 176 ($227M)2024 Revenue 524 ($32M) Expenses 1214 ($17M) Net assets 202 ($261M)2025 Revenue 598 ($37M) Expenses 1217 ($17M) Net assets 220 ($284M)
'17'18'19'20'21'22'23'24'25
Revenue (598)Expenses (1217)Net assets (220)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 2020 to 2021, from $188M to $231M (+23%).

$134M
$156M
$162M
$188M
$231M
$221M
$259M
$291M
$318M
'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

0% of SOUTHCOAST HEALTH SYSTEM INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,745 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$4.7M
’17
$12M
’18
$11M
’19
$18M
’20
$25M
’21
$28M
’22
$17M
’23
$15M
’24
$20M
’25
7.7
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

David Mccready

Ex-officio, president & CEO

Board chair

Donald Giumetti

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed202630302928282833
Joined·+7+8+8+5+6+4+3+9
No longer listed·14867434
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 14 funders to 12 funders, grant income fell $486k → $367k.

3 of 38 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% 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 SOUTHCOAST HEALTH SYSTEM INC’s funders (the co-funder graph). Top 30 of 38 funders by total. 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

SOUTHCOAST HEALTH SYSTEM INC has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

23%
largest funder
54%
top three
~7
effective funders

Largest funder’s share by year: 2017 26% · 2018 29% · 2019 25% · 2020 22% · 2021 17% · 2022 23% · 2023 32% — growing more concentrated.

“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

50% of SOUTHCOAST HEALTH SYSTEM INC's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

SOUTHCOAST HEALTH SYSTEM INC draws 74% of its grant income from funders outside Massachusetts, across 9 states in all.

MI
NY
MA
RI
CA
CO
NC
TX
FL

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. $861k 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

SOUTHCOAST HEALTH SYSTEM INC runs a healthier operating margin than three-quarters of the 2,969 health nonprofits its size.

Operating margin53% · top quartile
Months of reserve7.7mo · top quartile
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025

Government funding SOUTHCOAST HEALTH SYSTEM INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $190k on record.

State$190k
21
25
Top programs
  • (PP) STATE AID/POL SUB$190k
  • (EE) ADMINISTRATIVE EXPENSES$138

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 SOUTHCOAST HEALTH SYSTEM INC

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

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

16
board members
75%
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 12 related entities

  • Southcoast Health Network LLC · disregarded
  • Southcoast Accountable Care Organization LLC · disregarded
  • Southcoast Hospitals Group Inc · exempt
  • Southcoast Visiting Nurse Association Inc · exempt
  • Southcoast Physicians Group Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SOUTHCOAST HEALTH SYSTEM INC: 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 SOUTHCOAST HEALTH SYSTEM INC?
SOUTHCOAST HEALTH SYSTEM INC (Massachusetts) receives grants from 38 organizations whose IRS filings report $5,323,916 to it, the largest being IDA S CHARLTON FUND ($1,236,132). 24 of them have funded it in more than one year.
How many funders does SOUTHCOAST HEALTH SYSTEM INC have?
IRS filings report 38 organizations giving $5,323,916 in grants to SOUTHCOAST HEALTH SYSTEM INC, 24 of which have funded it in more than one year.
Who is the largest funder of SOUTHCOAST HEALTH SYSTEM INC?
IDA S CHARLTON FUND is the largest funder on record, with $1,236,132 in grants. The full list of funders is on this page.
How can an organization like SOUTHCOAST HEALTH SYSTEM INC 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.

Play a game about who funds Southcoast Health System →

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 38 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 22, 2026. What this page cannot tell you · view filing