Is Olean General Hospital Legit?

Quick charity verification for Olean General Hospital (EIN: 160743102)

Verdict: Olean General Hospital appears trustworthy

70/100Mission Score
$211.0MRevenue
$154.3MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Olean General 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 Olean General Hospital

Is Olean General Hospital a legitimate charity?

Based on AI analysis of IRS 990 filings, Olean General Hospital (EIN: 160743102) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Olean General Hospital a good charity to donate to?

Olean General Hospital has a Mission Score of 70/100. Revenue: $211.0M. Assets: $154.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Olean General Hospital?

The Employer Identification Number (EIN) for Olean General Hospital is 160743102. 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 Olean General Hospital spend its money?

Olean General Hospital allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Olean General Hospital's tax-exempt status?

You can verify Olean General Hospital's tax-exempt status using EIN 160743102 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

Olean General Hospital demonstrates a consistent operational deficit in recent years, with expenses exceeding revenue in 2023 ($210,475,779 vs. $199,895,542) and 2022 ($200,445,334 vs. $175,027,214). This trend suggests potential financial strain, although the organization maintains substantial assets ($154,324,250 latest) which could provide a buffer. The hospital's NTEE code E220 indicates it is a general hospital, aligning with its mission to provide healthcare services. The absence of reported officer compensation across all filings is unusual for an organization of this size and could indicate that compensation is reported under different categories or that key executives are compensated by an affiliated entity, which warrants further investigation for full transparency. While the financial health shows recent challenges, the consistent filing history indicates a commitment to regulatory transparency.

View Full Transparency Report →

Disclaimer

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

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