Quick charity verification for Mary Imogene Bassett Hospital (EIN: 135596796)
Verdict: Mary Imogene Bassett Hospital appears trustworthy
75/100Mission Score
$790.7MRevenue
$430.4MAssets
2Red Flags
3Strengths
Red Flags
Recurring operational deficits: Expenses exceeded revenue in 202312, 202212, and 202012, which could impact long-term financial health if not addressed.
Unclear executive compensation reporting: Consistent 0% officer compensation reported across all filings makes it difficult to assess executive pay transparency and reasonableness.
Strengths
Significant revenue growth: Revenue has grown substantially from $486 million in 2014 to nearly $694 million in 2023, indicating strong operational activity.
Stable asset base: Assets have generally increased over the decade, reaching $411 million in 202312, providing a solid foundation.
Consistent service delivery: As a hospital, its primary function is program delivery, and the large expense figures reflect extensive healthcare services provided to the community.
Spending Breakdown
How Mary Imogene Bassett Hospital allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Mary Imogene Bassett Hospital
Is Mary Imogene Bassett Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Mary Imogene Bassett Hospital (EIN: 135596796) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Mary Imogene Bassett Hospital a good charity to donate to?
Mary Imogene Bassett Hospital has a Mission Score of 75/100. Revenue: $790.7M. Assets: $430.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mary Imogene Bassett Hospital?
The Employer Identification Number (EIN) for Mary Imogene Bassett Hospital is 135596796. 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 Mary Imogene Bassett Hospital spend its money?
Mary Imogene Bassett Hospital allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mary Imogene Bassett Hospital's tax-exempt status?
You can verify Mary Imogene Bassett Hospital's tax-exempt status using EIN 135596796 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
Mary Imogene Bassett Hospital, operating as a healthcare provider (NTEE Code E220), demonstrates a consistent operational pattern with revenues largely tracking expenses over the past decade. While the organization reported a deficit in the most recent filing period (202312) with expenses of $733,107,689 exceeding revenue of $694,471,179, this is not an isolated incident, as similar deficits were observed in 202212 and 202012. The hospital's assets have shown growth, reaching $411,187,008 in 202312, indicating a stable asset base despite fluctuating annual operating margins. The consistent reporting of 0% for officer compensation across all available filings suggests that executive compensation details might be reported under a related entity or not directly itemized in this specific section of the 990, which could impact a full transparency assessment without further detail. Overall, the financial health appears stable, but the recurring operational deficits warrant closer examination of revenue streams and cost management strategies.