Is St Johns Riverside Hospital Legit?

St Johns Riverside Hospital demonstrates a fluctuating financial performance over the past decade. While revenue has generally increased, the organization has frequently operated with expenses exceeding revenue, notably in 2023 where expenses of $366,057,114 significantly outpaced revenue of $314,133,493, resulting in a substantial deficit. This trend of operating deficits, seen in multiple years including 2023, 2022, 2021, 2019, 2018, 2017, 2016, 2015, and 2014, raises concerns about long-term financial sustainability without consistent positive operating margins. The hospital's assets have shown growth, reaching $171,160,338 in 2023, but liabilities have also increased, indicating a reliance on debt financing. The organization's transparency regarding executive compensation is notable, with 0% reported for officer compensation across all provided filings. This suggests that either officers are not compensated, or their compensation is reported under different categories not captured by 'Officer Comp' in the provided data. Further investigation into the detailed expense breakdown would be necessary to fully assess spending efficiency, particularly regarding administrative and fundraising costs, which are not explicitly detailed in the provided summary data. The consistent reporting of 0% officer compensation, if accurate for all key management, could be a positive indicator of resource allocation towards mission-related activities.