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Lawrence and Memorial Hospital Inc

EIN 06-0646704 · New London, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair62 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO IMPROVE THE HEALTH OF THE REGION AND TO PROVIDE HEALTHCARE SERVICES.

Income
$501.4 million
Spending
$493.3 million
Spent on programs
92%
Reserves
1.1 months of spending
Largest source of income
fees for its services, 99%
Employees
2,725
Volunteers
163
Highest pay
$1.5 million, treasurer

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 62 out of 100. Higher than 50% of charities in its peer group (health care, over $100m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.1 months of spending.

  • Debt

    10 of 20

    It owes 31% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 2% of income.

  • Income trend

    15 of 15

    Income rose 6% on the year before.

  • Spending floor

    15 of 15

    92% of spending went to programs and raising each dollar of donations cost 15 cents.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100. Higher than 21% of charities in its peer group (health care, over $100m).

  • Independent board

    25 of 25

    11 of 15 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $454.9 million spent. LAWRENCE + MEMORIAL HOSPITAL IS A NON-PROFIT, 308-BED GENERAL AND ACUTE CARE HOSPITAL PROVIDING PATIENT CARE TO MEDICAL, SURGICAL, PEDIATRIC, PSYCHIATRIC AND OBSTETRICAL PATIENTS IN SOUTHEASTERN CONNECTICUT AND SOUTHERN RHODE ISLAND. LAWRENCE + MEMORIAL OFFERS CARDIAC ACUTE, STEP-DOWN AND REHABILITATION PROGRAMS AND IS THE ONLY EASTERN CONNECTICUT HOSPITAL THAT PERFORMS EMERGENCY AND ELECTIVE ANGIOPLASTY. RESPIRATORY THERAPISTS AT LAWRENCE + MEMORIAL HOSPITAL COMPLETED TRAINING FOR "NOXBOX" DEVICES THAT SAFELY ADMINISTER NITRIC OXIDE GAS TO PATIENTS. THE NOXBOX DEVICES ARE USED FOR PATIENTS REQUIRING RIGHT-SIDED CATHETERIZATION PROCEDURES. THE GAS IS HELPFUL IN DIAGNOSING PATIENTS WITH PULMONARY ARTERIAL HYPERTENSION. LAWRENCE + MEMORIAL HOSPITAL NURSES RECEIVED TRAINING IN "SAFE MODE" PROGRAMMING, MAKING IT POSSIBLE FOR PATIENTS WITH PACEMAKERS OR DEFIBRILLATORS TO RECEIVE THEIR MAGNETIC RESONANCE IMAGING (MRI) TEST SAFELY AND LOCALLY. IF AN MRI IS NOT PERFORMED IN SAFE MODE, THE SCANNER'S MAGNETS MAY ALTER OR DAMAGE THE FUNCTION OF THE PACEMAKER OR DEFIBRILLATOR AND POTENTIALLY PUT PATIENTS AT RISK. IN SAFE MODE, PACEMAKERS CAN BE PAUSED BY TRAINED PROFESSIONALS BEFORE AN MRI BEGINS. ONCE THE MRI IS COMPLETE, THE PACEMAKER OR DEFIBRILLATOR IS RESET. YALE NEW HAVEN HEALTH OPENED ITS THIRD STATE-OF-THE-ART RETAIL PHARMACY AT LAWRENCE + MEMORIAL HOSPITAL, INTRODUCING INTEGRATED, PERSONALIZED MEDICATION CARE FOR PATIENTS, EMPLOYEES AND THE SURROUNDING COMMUNITY. THE PHARMACY TEAM COLLABORATES WITH PATIENTS' HEALTHCARE PROVIDERS TO ENSURE PRESCRIPTIONS ARE FILLED SAFELY AND ACCURATELY WITH THE HIGHEST QUALITY CARE. AS PART OF THE $81.6 MILLION POWER UPGRADE AND EMERGENCY DEPARTMENT RENOVATION AT LAWRENCE + MEMORIAL HOSPITAL, THE FIRST OF 57 NEW PRIVATE ROOMS OPENED TO PATIENTS. PROJECTED FOR COMPLETION IN 2026, THE 57-ROOM ED WILL HAVE A NET GAIN OF 20 BEDS WITH STATE-OF-THE-ART EQUIPMENT DESIGNED WITH INPUT FROM FRONT-LINE NURSES ON WAYS TO ENHANCE ERGONOMICS AND FUNCTIONALITY. LAWRENCE + MEMORIAL HOSPITAL ALSO RECEIVED A NUMBER OF ACCREDITATIONS AND CERTIFICATIONS FOR HIGH-QUALITY MEDICAL AND CLINICAL PROGRAMS: THE JOINT COMMISSION AWARDED THE HOSPITAL ITS GOLD SEAL OF APPROVAL FOR ADVANCED CERTIFICATION IN SPINE SURGERY; THE COMMISSION ON CANCER, THE AMERICAN COLLEGE OF SURGEONS GRANTED RECERTIFICATION AS AN ADVANCED PRIMARY STROKE CENTER; THE HOSPITAL'S BARIATRIC SURGERY CENTER WAS ACCREDITED AS A LOW ACUITY CENTER BY THE METABOLIC AND BARIATRIC SURGERY ACCREDITATION AND QUALITY IMPROVEMENT PROGRAM; THE AMERICAN HEART ASSOCIATION NAMED THE HOSPITAL TO ITS GET WITH THE GUIDELINES PROGRAM AND ITS STROKE GOLD PLUS WITH TARGET: TYPE 2 DIABETES HONOR ROLL; AND BABY-FRIENDLY USA REDESIGNATION THE HOSPITAL AS A BABY-FRIENDLY FACILITY. THE HOSPITAL'S COMMITMENT TO SAFE, HIGH-QUALITY PATIENT CARE EXTENDS TO THE HEALTH OF THE COMMUNITIES IT SERVES, WITH AN ACTIVE HOME HEALTH PROGRAM THAT PROVIDES MORE THAN 100,000 HOME CARE VISITS ANNUALLY TO PATIENTS IN THE REGION AS WELL AS PARTNERSHIPS WITH COMMUNITY-BASED ORGANIZATIONS THAT HELP ADDRESS THE SOCIO-ECONOMIC NEEDS OF PEOPLE WITHIN THE SERVICE AREA.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1937.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.