Quick charity verification for Oswego Hospital Inc (EIN: 150532220)
Verdict: Oswego Hospital Inc appears trustworthy
85/100Mission Score
$186.1MRevenue
$147.8MAssets
1Red Flags
4Strengths
Red Flags
Consistent 'Officer Comp=0%' reporting, which may obscure actual executive compensation.
Strengths
Consistent revenue growth, from $108.5M in 2015 to $185.4M in 2023.
Positive net income in most recent years, including a $16.6 million surplus in 2023.
Healthy asset base consistently exceeding liabilities, indicating strong financial solvency.
Stable financial operations with expenses generally managed within revenue limits.
Spending Breakdown
How Oswego Hospital Inc 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 Oswego Hospital Inc
Is Oswego Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oswego Hospital Inc (EIN: 150532220) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Oswego Hospital Inc a good charity to donate to?
Oswego Hospital Inc has a Mission Score of 85/100. Revenue: $186.1M. Assets: $147.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Oswego Hospital Inc?
The Employer Identification Number (EIN) for Oswego Hospital Inc is 150532220. 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 Oswego Hospital Inc spend its money?
Oswego Hospital Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Oswego Hospital Inc's tax-exempt status?
You can verify Oswego Hospital Inc's tax-exempt status using EIN 150532220 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
Oswego Hospital Inc. demonstrates a generally stable financial position with consistent revenue growth over the past decade, reaching $185,452,544 in 2023. The organization has shown a positive net income in most recent years, notably in 2023 with revenues exceeding expenses by over $16 million. While the filings indicate 'Officer Comp=0%', this often means compensation is reported under other categories or through related entities, which warrants further investigation for complete transparency. The asset base has also grown steadily, indicating a healthy balance sheet. The organization's spending efficiency appears reasonable, with expenses generally tracking revenue, suggesting a focus on delivering its healthcare services.