Quick charity verification for Rumford Hospital (EIN: 10215227)
Verdict: Rumford Hospital appears trustworthy
85/100Mission Score
$59.2MRevenue
$20.5MAssets
2Red Flags
4Strengths
Red Flags
Unexplained 0% officer compensation across all filings, which is highly atypical for an organization of this scale.
Significant fluctuation in assets without clear explanation in the provided summary data.
Strengths
Consistent revenue growth, increasing from $43,050,190 in 201906 to $60,269,642 in 202306.
Healthy operating surpluses in recent years (e.g., $7,326,172 in 202306).
Long history of IRS 990 filings (13 periods), indicating regulatory compliance.
Stable asset base relative to liabilities, with liabilities remaining manageable.
Spending Breakdown
How Rumford Hospital allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Rumford Hospital
Is Rumford Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Rumford Hospital (EIN: 10215227) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Rumford Hospital a good charity to donate to?
Rumford Hospital has a Mission Score of 85/100. Revenue: $59.2M. Assets: $20.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rumford Hospital?
The Employer Identification Number (EIN) for Rumford Hospital is 10215227. 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 Rumford Hospital spend its money?
Rumford Hospital allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rumford Hospital's tax-exempt status?
You can verify Rumford Hospital's tax-exempt status using EIN 10215227 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
Rumford Hospital demonstrates a generally stable financial position with consistent revenue growth over the past few years. In the 202306 period, the organization reported revenues of $60,269,642 against expenses of $52,943,470, indicating a healthy operating surplus. This trend of revenue exceeding expenses is largely consistent, with a notable increase in revenue from $43,050,190 in 201906 to over $60 million in 202306. The hospital's assets have fluctuated, reaching a high of $35,581,182 in 202006 before settling at $22,171,837 in 202306, while liabilities have remained manageable relative to assets.
The organization's spending efficiency appears sound, as evidenced by the consistent operating surpluses in recent years. The absence of reported officer compensation across all available filings suggests either that executive compensation is not reported in this specific field or that it is exceptionally low, which could be a positive indicator for resource allocation towards its mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to regulatory transparency.
Overall, Rumford Hospital appears to be a financially stable entity with a positive trend in revenue and a history of consistent regulatory compliance. The lack of reported officer compensation is a unique aspect that, if accurate, points to a highly mission-focused approach to resource management. Further detail on expense allocation would enhance the transparency assessment.