Non-profit hospitals in Rhode Island: revenue, profit and executive pay
What 7 non-profit hospital organizations covering 7 Rhode Island hospitals reported to the IRS on their public Form 990: how much they took in, what they spent and what they paid their leaders.
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Non-profit hospital organizations
7 organizations
They file for 7 Rhode Island hospitals listed on this site and together reported $4.2 billion in revenue.
Took in more than they spent
71%
5 reported a surplus and 2 a deficit. The typical margin (surplus as a share of revenue) was 2.3%, against 2.9% nationally.
Largest non-profit hospitals in Rhode Island
By total revenue on the latest Form 990. The percentage is the margin: how much of each dollar was left after expenses.
Rhode Island Hospital
Providence
$2.0 billion
Margin 1.6% · Sep 2023
The Miriam Hospital
Providence
$646.4 million
Margin 3.3% · Sep 2023
Kent County Memorial Hospital
Warwick
$646.0 million
Margin -3.4% · Sep 2023
Women & Infants Hospital of Rhode Island
Providence
$542.1 million
Margin 2.3% · Sep 2023
Newport Hospital
Newport
$149.0 million
Margin 3.6% · Sep 2023
Butler Hospital
Providence
$135.1 million
Margin 4.8% · Sep 2023
Every non-profit hospital organization in Rhode Island
One row per Form 990 filing, with the Rhode Island hospitals it covers. Click a column to sort. Officer pay is the total for all current officers, directors, trustees and key employees together, not one person.
| Organization | Revenue | Margin | Officer pay (total) | Net assets | Tax year | IRS filings |
|---|---|---|---|---|---|---|
| Rhode Island Hospital Providence | $31.3 million surplus | $1.3 million | $840.2 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| The Miriam Hospital Providence | $21.2 million surplus | $1.5 million | $446.6 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Kent County Memorial Hospital Warwick | $22.1 million deficit | $2.9 million | $70.0 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Women & Infants Hospital of Rhode Island Providence | $12.3 million surplus | $2.1 million | $320.0 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Newport Hospital Newport | $5.3 million surplus | $835,000 | $300.7 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Butler Hospital Providence | $6.5 million surplus | $1.6 million | $56.8 million | Sep 2023 | Full Form 990 filings (ProPublica) | |
| Emma Pendleton Bradley Hospital East Providence | $2.4 million deficit | $583,000 | $110.1 million | Sep 2023 | Full Form 990 filings (ProPublica) |
Surplus is revenue minus expenses; a negative figure is a deficit. Net assets are what the organization owns minus what it owes. When a health system files one return for several hospitals, the figures are the system's totals, which may include hospitals in other states.
How Rhode Island compares with the U.S.
The typical non-profit hospital organization in Rhode Island kept 2.3% of its revenue after expenses, lower than the national median of 2.9%.
| Measure | Rhode Island | United States |
|---|---|---|
| Median margin | 2.3% | 2.9% |
| Share with a surplus | 71% | 65% |
| Median revenue | $542.1 million | $124.0 million |
| Median officer pay (total) | $1.5 million | $1.3 million |
Questions about non-profit hospitals in Rhode Island
What are the largest non-profit hospitals in Rhode Island?
By revenue on their latest IRS Form 990: Rhode Island Hospital ($2.0 billion), The Miriam Hospital ($646.4 million), Kent County Memorial Hospital ($646.0 million), Women & Infants Hospital of Rhode Island ($542.1 million), Newport Hospital ($149.0 million). Some of these filings cover a whole health system, including hospitals in other states.
How much do non-profit hospitals in Rhode Island make?
The 7 non-profit hospital organizations we matched in Rhode Island reported $4.2 billion in combined revenue on their latest Form 990. 5 reported a surplus (more revenue than expenses) and 2 a deficit. The typical (median) margin was 2.3%, lower than the U.S. median of 2.9%.
Which non-profit hospital in Rhode Island pays its officers the most?
Kent County Memorial Hospital reported the highest total: $2.9 million. That is the combined pay of all its current officers, directors, trustees and key employees, not one person. Pay for each named executive is in the full filing.
Do non-profit hospitals in Rhode Island pay taxes?
Non-profit hospitals are exempt from federal income tax and usually from state and local property and sales taxes. In return they are expected to provide community benefits, such as charity care, and must file a public Form 990 with the IRS each year.
Rhode Island hospital finances (Medicare cost reports)
All hospitals in Rhode Island
Who owns hospitals
Non-profit hospitals in every state
Source: IRS Form 990 data (Exempt Organizations Business Master File and SOI annual extracts). Organizations are matched to hospitals by legal name and address. Figures are as filed for the latest available tax year. For-profit and government hospitals don't file a Form 990, so they are not listed. About the data.