Baystate Wing Hospital Corporation
Baystate Wing Hospital Corporation: Financial Stability Concerns Amidst Consistent Operating Losses
EIN: 222519813 · Palmer, MA · NTEE: E22 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $102.4M |
| Total Expenses | $108.2M |
| Program Spending | 85% |
| Net Assets | $25.8M |
| Transparency Score | 75/100 |
Is Baystate Wing Hospital Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Baystate Wing Hospital Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Baystate Wing Hospital Corporation
Baystate Wing Hospital Corporation (EIN: 222519813) is a nonprofit organization based in Palmer, MA, classified under NTEE code E22. The organization reported total revenue of $102.4M and total assets of $86.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baystate Wing Hospital Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baystate Wing Hospital Corporation is a major nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $106.3M |
| Total Expenses | $108.2M |
| Surplus / Deficit | $-1,925,934 |
| Total Assets | $89.5M |
| Total Liabilities | $63.7M |
| Net Assets | $25.8M |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 71.1% |
| Months of Reserves | 9.9 months |
Financial Health Grade: C
In 2023, Baystate Wing Hospital Corporation reported a deficit of $1.9M with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 71.1% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Baystate Wing Hospital Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.1% | +1.2% | +8.3% |
| 2022 | +1.2% | +8.9% | -20.8% |
| 2021 | +13.9% | +6.4% | -0.8% |
| 2020 | -1.0% | +0.3% | +7.5% |
| 2019 | +1.4% | +3.8% | -6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baystate Wing Hospital Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Baystate Wing Hospital Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.1%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the summary data, preventing a specific assessment of individual salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Baystate Wing Hospital Corporation's IRS 990 filings:
- Consistent operating losses over multiple years, indicating potential long-term financial unsustainability.
- Accumulated deficit (c0%) suggests that expenses consistently exceed revenues, eroding net assets.
- Increasing liabilities year-over-year could strain future financial flexibility.
Strengths
The following positive indicators were identified for Baystate Wing Hospital Corporation:
- Significant revenue generation, exceeding $100 million in 2023, demonstrates a large operational scale.
- Total assets remain substantial, at $89,509,846 in 2023, providing some financial buffer.
Frequently Asked Questions about Baystate Wing Hospital Corporation
Is Baystate Wing Hospital Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Baystate Wing Hospital Corporation (EIN: 222519813) some concerns. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
How does Baystate Wing Hospital Corporation spend its money?
Baystate Wing Hospital Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Baystate Wing Hospital Corporation tax-deductible?
Baystate Wing Hospital Corporation is registered as a tax-exempt nonprofit (EIN: 222519813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Baystate Wing Hospital Corporation's spending goes to programs?
Baystate Wing Hospital Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Baystate Wing Hospital Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Baystate Wing Hospital Corporation is above average for NTEE category E22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Baystate Wing Hospital Corporation located?
Baystate Wing Hospital Corporation is headquartered in Palmer, Massachusetts and files with the IRS under EIN 222519813. It is classified under NTEE code E22.
How many years of IRS 990 filings does Baystate Wing Hospital Corporation have?
Baystate Wing Hospital Corporation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $102.4M in total revenue.
What does Baystate Wing Hospital Corporation do?
Baystate Wing Hospital Corporation is a nonprofit organization in the Health Care sector, located in Palmer, Massachusetts. It is classified under NTEE code E22.
How much revenue does Baystate Wing Hospital Corporation have?
Baystate Wing Hospital Corporation reported total revenue of $102,357,907. Based on 10 IRS 990 filings on record.
What are Baystate Wing Hospital Corporation's total assets?
Baystate Wing Hospital Corporation holds total assets of $86,414,742 as reported in IRS 990 filings.
Where is Baystate Wing Hospital Corporation located?
Baystate Wing Hospital Corporation is based in Palmer, Massachusetts.
What is Baystate Wing Hospital Corporation's EIN?
Baystate Wing Hospital Corporation's Employer Identification Number (EIN) is 222519813. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Baystate Wing Hospital Corporation?
Baystate Wing Hospital Corporation is classified under NTEE code E22 (Health Care).
Is Baystate Wing Hospital Corporation a registered 501(c)(3)?
Yes, Baystate Wing Hospital Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222519813.
Does Baystate Wing Hospital Corporation file IRS Form 990?
Yes, Baystate Wing Hospital Corporation has 10 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Baystate Wing Hospital Corporation's revenue in 2023?
In the 202309 filing period, Baystate Wing Hospital Corporation reported total revenue of $106,293,114, total expenses of $108,219,048, and net assets of $89,509,846.
Is Baystate Wing Hospital Corporation's revenue growing or declining?
Baystate Wing Hospital Corporation's revenue is growing. Revenue went from $98,334,655 (202209) to $106,293,114 (202309), a +8.1% change. Based on 10 filings on record.
What is Baystate Wing Hospital Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Baystate Wing Hospital Corporation covers tax period 202309. It shows revenue of $106,293,114, expenses of $108,219,048, total assets of $89,509,846, and liabilities of $63,676,805.
How much does Baystate Wing Hospital Corporation spend on programs vs administration?
Based on IRS 990 analysis, Baystate Wing Hospital Corporation allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Baystate Wing Hospital Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Baystate Wing Hospital Corporation appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Baystate Wing Hospital Corporation?
The following concerns were identified: Consistent operating losses over multiple years, indicating potential long-term financial unsustainability.. Accumulated deficit (c0%) suggests that expenses consistently exceed revenues, eroding net assets.. Increasing liabilities year-over-year could strain future financial flexibility.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Baystate Wing Hospital Corporation's strengths?
Positive indicators for Baystate Wing Hospital Corporation include: Significant revenue generation, exceeding $100 million in 2023, demonstrates a large operational scale.. Total assets remain substantial, at $89,509,846 in 2023, providing some financial buffer.. These findings are derived from AI analysis of the organization's financial filings.
How does Baystate Wing Hospital Corporation compensate executives?
Executive compensation details are not explicitly provided in the summary data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operating losses, how does Baystate Wing Hospital Corporation sustain its operations without a positive net income?
The organization likely relies on non-operating revenues, such as investment income or contributions not captured in the 'r' (revenue) figure, or draws down on existing assets to cover the operational deficit. The 'c0%' indicates an accumulated deficit, suggesting that these losses are not fully offset.
What is the long-term strategy for addressing the increasing liabilities and consistent operating losses?
Without further details, it's difficult to ascertain the specific strategy. However, typical approaches include cost-cutting measures, revenue diversification, fundraising campaigns, or potential mergers/acquisitions to improve economies of scale and financial stability.
Filing History
IRS 990 filing history for Baystate Wing Hospital Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Baystate Wing Hospital Corporation's revenue has grown by 21.1%, moving from $87.8M to $106.3M. Total assets increased by 15% over the same period, from $77.8M to $89.5M. Total functional expenses rose by 26.4%, from $85.6M to $108.2M. In its most recent filing year (2023), Baystate Wing Hospital Corporation reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $63.7M in liabilities against $89.5M in assets (debt-to-asset ratio: 71.1%), resulting in net assets of $25.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $106.3M | $108.2M | $89.5M | $63.7M | — | View 990 |
| 2022 | $98.3M | $106.9M | $82.6M | $56.9M | — | — |
| 2021 | $97.2M | $98.1M | $104.4M | $60.7M | — | View 990 |
| 2020 | $85.3M | $92.3M | $105.3M | $66.7M | — | — |
| 2019 | $86.2M | $92.0M | $97.9M | $55.0M | — | View 990 |
| 2018 | $85.0M | $88.6M | $104.9M | $54.6M | — | View 990 |
| 2017 | $84.8M | $94.5M | $106.7M | $56.0M | — | View 990 |
| 2016 | $75.3M | $81.9M | $89.8M | $37.3M | — | View 990 |
| 2015 | $73.9M | $79.2M | $73.5M | $30.7M | — | View 990 |
| 2014 | $87.8M | $85.6M | $77.8M | $30.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $106.3M, expenses of $108.2M, and assets of $89.5M (revenue +8.1% year-over-year).
- 2022: Revenue of $98.3M, expenses of $106.9M, and assets of $82.6M (revenue +1.2% year-over-year).
- 2021: Revenue of $97.2M, expenses of $98.1M, and assets of $104.4M (revenue +13.9% year-over-year).
- 2020: Revenue of $85.3M, expenses of $92.3M, and assets of $105.3M (revenue -1.0% year-over-year).
- 2019: Revenue of $86.2M, expenses of $92.0M, and assets of $97.9M (revenue +1.4% year-over-year).
- 2018: Revenue of $85.0M, expenses of $88.6M, and assets of $104.9M (revenue +0.2% year-over-year).
- 2017: Revenue of $84.8M, expenses of $94.5M, and assets of $106.7M (revenue +12.6% year-over-year).
- 2016: Revenue of $75.3M, expenses of $81.9M, and assets of $89.8M (revenue +1.9% year-over-year).
- 2015: Revenue of $73.9M, expenses of $79.2M, and assets of $73.5M (revenue -15.8% year-over-year).
- 2014: Revenue of $87.8M, expenses of $85.6M, and assets of $77.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baystate Wing Hospital Corporation:
Data Sources and Methodology
This transparency report for Baystate Wing Hospital Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.