Consistent 0% compensation raises questions about operational structure and how services are delivered without paid staff.
Liabilities frequently exceed assets, as seen in 2023 ($509,765 liabilities vs. $815,121 assets) and 2022 ($510,333 liabilities vs. $865,665 assets), which could indicate financial instability or a unique asset holding structure.
The consistent equality of revenue and expenses (e.g., $719,482 revenue and $719,482 expenses in 2023) suggests a very specific financial model that warrants further investigation.
Strengths
The organization consistently reports revenue, indicating ongoing operations and financial activity.
The consistent reporting of 0% compensation could imply a fully volunteer-run organization or a structure where services are provided by external entities without direct payroll.
Spending Breakdown
How Hospital Properties Inc allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Hospital Properties Inc
Is Hospital Properties Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hospital Properties Inc (EIN: 222869743) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Hospital Properties Inc a good charity to donate to?
Hospital Properties Inc has a Mission Score of 65/100. Revenue: $821K. Assets: $770K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hospital Properties Inc?
The Employer Identification Number (EIN) for Hospital Properties Inc is 222869743. 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 Hospital Properties Inc spend its money?
Hospital Properties Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hospital Properties Inc's tax-exempt status?
You can verify Hospital Properties Inc's tax-exempt status using EIN 222869743 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
Hospital Properties Inc is a health care nonprofit based in Providence, Rhode Island, with reported revenue of $821K and assets of $770K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 100% of spending goes to programs, 0% to administration, and 0% to fundraising. Executive compensation is reported as $0 across all available filings, indicating no salaries paid to executives or employees. Revenue has grown +239% across 12 filing periods.