Is Mount St Marys Hospital Of Niagara Falls Legit?
Quick charity verification for Mount St Marys Hospital Of Niagara Falls (EIN: 161523353)
Verdict: Mount St Marys Hospital Of Niagara Falls appears trustworthy
85/100Mission Score
$160.3MRevenue
$161.9MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and may obscure actual executive pay.
Periods of expenses exceeding revenue, such as in 2022 ($128M expenses vs $107M revenue), indicating potential operational challenges in some years.
Strengths
Strong revenue growth, with latest revenue at $160,280,004 and a significant increase from previous years.
Positive operating surplus in the most recent filing (2023 revenue $149M vs expenses $131M).
Substantial and consistent growth in assets, reaching $139,539,911 in 2023, indicating strong financial health.
As a hospital (NTEE E220), the vast majority of spending is inherently program-related, directly serving its mission.
Spending Breakdown
How Mount St Marys Hospital Of Niagara Falls allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Mount St Marys Hospital Of Niagara Falls
Is Mount St Marys Hospital Of Niagara Falls a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount St Marys Hospital Of Niagara Falls (EIN: 161523353) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Mount St Marys Hospital Of Niagara Falls a good charity to donate to?
Mount St Marys Hospital Of Niagara Falls has a Mission Score of 85/100. Revenue: $160.3M. Assets: $161.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mount St Marys Hospital Of Niagara Falls?
The Employer Identification Number (EIN) for Mount St Marys Hospital Of Niagara Falls is 161523353. 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 Mount St Marys Hospital Of Niagara Falls spend its money?
Mount St Marys Hospital Of Niagara Falls allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mount St Marys Hospital Of Niagara Falls's tax-exempt status?
You can verify Mount St Marys Hospital Of Niagara Falls's tax-exempt status using EIN 161523353 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
Mount St Marys Hospital of Niagara Falls demonstrates a generally stable financial position, with recent filings showing a positive trend in revenue exceeding expenses. For instance, in 2023, the organization reported revenues of $149,561,185 against expenses of $131,469,122, indicating a healthy operating surplus. This contrasts with some prior years, such as 2022, where expenses ($128,342,443) slightly outpaced revenue ($107,224,283). The organization's assets have also shown consistent growth over the past decade, reaching $139,539,911 in 2023, which suggests good financial management and capacity.
Regarding spending efficiency, as a hospital, the vast majority of its expenses are inherently program-related, directly supporting patient care and medical services. The provided data does not break down specific administrative or fundraising costs, but the nature of a hospital's operations implies high program spending. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and potentially efficient use of funds, as it suggests that the highest-ranking individuals are not directly compensated through the organization's reported officer compensation line item, or that such compensation is reported elsewhere or is minimal.
Overall, the hospital appears to be financially sound, with a strong asset base and a recent history of positive operating margins. The lack of reported officer compensation is a notable positive for transparency, though a more detailed breakdown of functional expenses would provide deeper insight into administrative and fundraising efficiency.