Quick charity verification for Canton Potsdam Hospital (EIN: 161012691)
Verdict: Canton Potsdam Hospital appears trustworthy
85/100Mission Score
$385.8MRevenue
$342.0MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed executive compensation reporting in summary data (0% reported for all periods)
Absence of specific program, administrative, and fundraising expense ratios in provided data
Strengths
Consistent revenue growth over the past decade, from $140,993,937 in 2014 to $385,768,365 currently.
Consistent operational surpluses, with revenues exceeding expenses in all reported periods (e.g., $262,367,355 revenue vs. $258,594,334 expenses in 2023).
Significant asset growth, indicating investment in infrastructure and capacity (from $100,388,006 in 2014 to $341,997,003 currently).
Stable financial health with a positive trend in net assets (Assets - Liabilities).
Spending Breakdown
How Canton Potsdam Hospital allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Canton Potsdam Hospital
Is Canton Potsdam Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Canton Potsdam Hospital (EIN: 161012691) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Canton Potsdam Hospital a good charity to donate to?
Canton Potsdam Hospital has a Mission Score of 85/100. Revenue: $385.8M. Assets: $342.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Canton Potsdam Hospital?
The Employer Identification Number (EIN) for Canton Potsdam Hospital is 161012691. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Canton Potsdam Hospital spend its money?
Canton Potsdam Hospital allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Canton Potsdam Hospital's tax-exempt status?
You can verify Canton Potsdam Hospital's tax-exempt status using EIN 161012691 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Canton Potsdam Hospital demonstrates consistent financial growth and appears to be in a stable financial position. Over the past decade, the organization has shown a steady increase in both revenue and assets, with the latest reported revenue at $385,768,365 and assets at $341,997,003. The hospital consistently operates with a surplus, indicating sound financial management where revenues generally exceed expenses. For instance, in 2023, revenue was $262,367,355 against expenses of $258,594,334, resulting in a surplus of nearly $3.8 million.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surpluses suggest efficient use of funds relative to the services provided. The absence of reported officer compensation in the provided data for all periods is notable, potentially indicating that executive compensation is either not reported in this specific field or is structured differently, which could impact a full assessment of transparency regarding leadership costs. Further detailed analysis of the full 990 forms would be necessary to ascertain the exact allocation of expenses and the specifics of executive remuneration.
Overall, the hospital's financial health appears robust, with a strong trend of increasing capacity (assets) and operational scale (revenue). The consistent growth and positive net income across multiple years point to a well-managed organization capable of sustaining its operations and potentially expanding its services to the community. The significant increase in assets from $100,388,006 in 2014 to $341,997,003 currently, alongside a corresponding increase in liabilities, suggests investment in infrastructure and services, which is typical for a growing healthcare institution.