Is Virtua Memorial Hospital Burlington County Inc Legit?
Quick charity verification for Virtua Memorial Hospital Burlington County Inc (EIN: 210634562)
Verdict: Virtua Memorial Hospital Burlington County Inc appears trustworthy
85/100Mission Score
$522.9MRevenue
$1.2BAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported on 990s, which is atypical for an organization of this size and suggests compensation may be reported elsewhere or structured differently, potentially obscuring a full view of executive pay.
Strengths
Strong and consistent revenue growth, increasing from $350 million in 2020 to over $452 million in 2023.
Robust asset accumulation, with assets growing from $853 million in 2020 to over $1 billion in 2023, indicating strong financial stability.
High program spending ratio (approximately 90% of expenses in 2023), demonstrating a strong focus on its core mission.
Healthy operating surplus, with revenues consistently exceeding expenses, contributing to asset growth.
Spending Breakdown
How Virtua Memorial Hospital Burlington County Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Virtua Memorial Hospital Burlington County Inc
Is Virtua Memorial Hospital Burlington County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Virtua Memorial Hospital Burlington County Inc (EIN: 210634562) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Virtua Memorial Hospital Burlington County Inc a good charity to donate to?
Virtua Memorial Hospital Burlington County Inc has a Mission Score of 85/100. Revenue: $522.9M. Assets: $1.2B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Virtua Memorial Hospital Burlington County Inc?
The Employer Identification Number (EIN) for Virtua Memorial Hospital Burlington County Inc is 210634562. 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 Virtua Memorial Hospital Burlington County Inc spend its money?
Virtua Memorial Hospital Burlington County Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Virtua Memorial Hospital Burlington County Inc's tax-exempt status?
You can verify Virtua Memorial Hospital Burlington County Inc's tax-exempt status using EIN 210634562 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
Virtua Memorial Hospital Burlington County Inc demonstrates consistent financial growth and strong asset accumulation over the past decade. In the latest filing (202312), the organization reported revenues of $452,476,381 against expenses of $383,847,195, indicating a healthy operating surplus. Its assets have steadily increased, reaching $1,046,280,530 in 2023, which suggests robust financial management and capacity for future operations. The organization's liabilities remain a relatively small portion of its total assets, further reinforcing its financial stability. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and financial structure, suggesting that executive compensation is either not reported in this section or is handled by a related entity, which warrants further investigation for a complete picture of executive pay.