Is Glens Falls Hospital Self Ins Trust Legit?

Quick charity verification for Glens Falls Hospital Self Ins Trust (EIN: 146139356)

Verdict: Glens Falls Hospital Self Ins Trust appears trustworthy

90/100Mission Score
$2.6MRevenue
$12.8MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Glens Falls Hospital Self Ins Trust demonstrates strong financial health with consistent revenue generation and substantial asset growth over the past decade. The organization's latest revenue is $2,643,394, and its assets stand at $12,827,678, indicating a robust financial position. A key characteristic is its extremely low expense ratio relative to revenue in most years, suggesting efficient operations, particularly given its NTEE code (Y200 - Insurance Providers). For instance, in 202409, expenses were $1,057,705 against $2,572,693 in revenue, and in 202209, expenses were only $464,001 against $2,165,370 in revenue. This consistent surplus contributes to its growing asset base. The organization also reports 0% officer compensation, which enhances its transparency and efficiency profile, as it indicates no direct compensation burden from its leadership.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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