Quick charity verification for Vassar Brothers Medical Center (EIN: 141338586)
Verdict: Vassar Brothers Medical Center appears trustworthy
75/100Mission Score
$904.3MRevenue
$1.2BAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% reporting for Officer Compensation, which is atypical for an organization of this size and revenue, potentially indicating a lack of transparency in this specific data point.
Operational deficit of approximately $30 million in the latest reported period (202309), where expenses ($804,194,259) exceeded revenue ($774,380,228).
Strengths
Substantial and growing asset base, reaching over $1.2 billion in 202309, indicating strong financial foundation.
Consistent high revenue generation, with latest reported revenue at $774,380,228, demonstrating significant operational scale.
Generally positive net income in most prior periods, contributing to asset growth and financial stability.
Long history of IRS 990 filings (13 filings), suggesting consistent compliance and reporting.
Spending Breakdown
How Vassar Brothers Medical Center 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 Vassar Brothers Medical Center
Is Vassar Brothers Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Vassar Brothers Medical Center (EIN: 141338586) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Vassar Brothers Medical Center a good charity to donate to?
Vassar Brothers Medical Center has a Mission Score of 75/100. Revenue: $904.3M. Assets: $1.2B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vassar Brothers Medical Center?
The Employer Identification Number (EIN) for Vassar Brothers Medical Center is 141338586. 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 Vassar Brothers Medical Center spend its money?
Vassar Brothers Medical Center allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vassar Brothers Medical Center's tax-exempt status?
You can verify Vassar Brothers Medical Center's tax-exempt status using EIN 141338586 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
Vassar Brothers Medical Center demonstrates a consistent operational scale, with revenues in the latest reported period (202309) at $774,380,228 and expenses at $804,194,259, indicating a slight operational deficit for that specific year. Over the past several years, the organization has generally maintained a positive net income, contributing to its substantial asset base of $1,208,509,203 as of 202309. The organization's NTEE code E220 indicates it is a general hospital, which typically involves high operational costs. The consistent reporting of 0% for Officer Compensation across all available filings suggests that executive compensation is either not reported in this specific field or is handled through a related entity, which could impact the assessment of internal financial transparency regarding leadership remuneration. Further investigation into related party transactions would be necessary to fully understand executive compensation practices.
The organization's financial health appears stable given its significant assets and consistent revenue streams, typical for a large medical center. However, the recent operational deficit in 202309, where expenses exceeded revenue by approximately $30 million, warrants attention. While not necessarily a red flag for a single year, especially in the healthcare sector, it's a trend to monitor. The substantial liabilities, reaching $710,974,734 in 202309, are also typical for a large hospital but should be managed carefully against its asset base. The absence of reported officer compensation in the provided data makes it difficult to assess spending efficiency in this specific area.