Mount Auburn Hospital

Organization Overview

Mount Auburn Hospital is located in Cambridge, MA. The organization was established in 1936. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Mount Auburn Hospital employed 2,432 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Auburn Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2020, Mount Auburn Hospital generated $335.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $318.3m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Mount Auburn Hospital has awarded 15 individual grants totaling $2,005,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

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Describe the Organization's Program Activity:

Part 3 - Line 4a

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Walsh Bothers Inc
Contractor
$6,351,921
Epic Systems Corporation
Maintenance
$3,239,263
Harvard Medical Faculty Physicians
Md Services
$2,455,172
Quest Diagnostics
Lab Testing
$1,283,113
Angelica-somerville
Laundry Services
$1,142,455
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$28,745,651
Investment income $8,129,606
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,224,686
Net Gain/Loss on Asset Sales $3,216,482
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $335,853,854

Grants Awarded

Over the last fiscal year, Mount Auburn Hospital has awarded $72,626 in support to 8 organizations.

Grant RecipientAmount

COMMUNITY HEALTH NETWORK AREA 17 (CHNA 17)

Org PageRecipient Profile

Boston, MA

PURPOSE: COMMUNITY SUPPORT

$35,626

WATERTOWN HEALTH DEPARTMENT

PURPOSE: COMMUNITY SUPPORT

$7,000

BELMONT HEALTH DEPARTMENT

PURPOSE: COMMUNITY SUPPORT

$5,000

CHARLES RIVER COMMUNITY HEALTH

Org PageRecipient Profile

Brighton, MA

PURPOSE: COMMUNITY SUPPORT

$5,000

ARLINGTON HEALTH AND HUMAN SERVICES DEPARTMENT

Org PageRecipient Profile

PURPOSE: COMMUNITY SUPPORT

$5,000

CAMBRIDGE DEPARTMENT OF PUBLIC HEALTH

PURPOSE: COMMUNITY SUPPORT

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mount Auburn Hospital has recieved totaling $250.

Awarding OrganizationAmount
Alchemy Foundation

Cambridge, MA

PURPOSE: GENERAL SUPPORT

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,155,576
Earnings$1,750,229
Net Contributions$4,850,504
Other Expense$3,546,507
Ending Balance$23,209,802

Peer Organizations

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