Brooks Tlc Hospital System Inc
Brooks Tlc Hospital System Inc shows strong recent revenue growth and positive net income after periods of losses.
EIN: 160743301 · Dunkirk, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $70.7M |
| Total Expenses | $59.8M |
| Program Spending | 90% |
| Net Assets | $24.7M |
| Transparency Score | 85/100 |
Is Brooks Tlc Hospital System Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brooks Tlc Hospital System Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brooks Tlc Hospital System Inc
Brooks Tlc Hospital System Inc (EIN: 160743301) is a nonprofit organization based in Dunkirk, NY, classified under NTEE code E220. The organization reported total revenue of $70.7M and total assets of $58.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooks Tlc Hospital System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooks Tlc Hospital System Inc is a major nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68.9M |
| Total Expenses | $59.8M |
| Surplus / Deficit | +$9.1M |
| Total Assets | $49.6M |
| Total Liabilities | $24.9M |
| Net Assets | $24.7M |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 50.2% |
| Months of Reserves | 10.0 months |
Financial Health Grade: A
In 2023, Brooks Tlc Hospital System Inc reported a surplus of $9.1M with revenue exceeding expenses, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brooks Tlc Hospital System Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +1.9% | +21.2% |
| 2022 | +17.0% | +16.4% | +8.3% |
| 2021 | -5.8% | +1.0% | -12.7% |
| 2020 | -14.4% | -33.5% | +20.2% |
| 2019 | -6.2% | +6.0% | -22.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 Brooks Tlc Hospital System Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Brooks Tlc Hospital System Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 surplus of $9.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.2%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, suggesting that no individual officers received compensation above the IRS reporting threshold, or that the organization's compensation structure is highly decentralized, which is a positive sign for resource allocation directly to services.
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 Brooks Tlc Hospital System Inc's IRS 990 filings:
- Periods of net losses in prior years (e.g., 2019, 2018, 2017, 2016, 2015, 2014) indicate historical financial volatility.
Strengths
The following positive indicators were identified for Brooks Tlc Hospital System Inc:
- Strong recent revenue growth, increasing from $50.3M in 2021 to $68.8M in 2023.
- Consistent positive net income in the last three reported periods (2021-2023).
- Significant growth in assets, from $37.8M in 2021 to $49.6M in 2023, strengthening the balance sheet.
- No reported officer compensation, suggesting efficient use of funds or a decentralized compensation structure.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Brooks Tlc Hospital System Inc
Is Brooks Tlc Hospital System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brooks Tlc Hospital System Inc (EIN: 160743301) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Brooks Tlc Hospital System Inc spend its money?
Brooks Tlc Hospital System Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brooks Tlc Hospital System Inc tax-deductible?
Brooks Tlc Hospital System Inc is registered as a tax-exempt nonprofit (EIN: 160743301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brooks Tlc Hospital System Inc's spending goes to programs?
Brooks Tlc Hospital System Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brooks Tlc Hospital System Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Brooks Tlc Hospital System Inc is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brooks Tlc Hospital System Inc located?
Brooks Tlc Hospital System Inc is headquartered in Dunkirk, New York and files with the IRS under EIN 160743301. It is classified under NTEE code E220.
How many years of IRS 990 filings does Brooks Tlc Hospital System Inc have?
Brooks Tlc Hospital System Inc has 13 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 $70.7M in total revenue.
Is Brooks Tlc Hospital System Inc financially stable?
Yes, the organization appears financially stable, especially in recent years. After experiencing net losses in 2019 and 2018, it has reported positive net income in the last three periods (2021-2023), with revenue growing from $50.3 million in 2021 to $68.8 million in 2023, and assets increasing from $37.8 million to $49.6 million in the same timeframe.
How has the organization's revenue trended?
Revenue has shown significant growth in recent years, increasing from $50.3 million in 2021 to $68.8 million in 2023. While there were fluctuations in earlier years, the current trend is strongly positive.
What is the organization's asset-to-liability ratio?
As of the 202312 period, the organization's assets were $49,627,640 and liabilities were $24,893,842, resulting in an asset-to-liability ratio of approximately 1.99:1, indicating a healthy financial position where assets significantly cover liabilities.
Does the organization pay its officers high salaries?
Based on the provided IRS 990 data, no officer compensation was reported for any of the listed periods, suggesting that individual officer salaries are either below the IRS reporting threshold or not a significant expenditure category.
Filing History
IRS 990 filing history for Brooks Tlc Hospital System Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brooks Tlc Hospital System Inc's revenue has grown by 60.5%, moving from $42.9M to $68.9M. Total assets increased by 45.3% over the same period, from $34.1M to $49.6M. Total functional expenses rose by 39%, from $43.0M to $59.8M. In its most recent filing year (2023), Brooks Tlc Hospital System Inc reported a surplus of $9.1M, with revenue exceeding expenses. The organization holds $24.9M in liabilities against $49.6M in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $24.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68.9M | $59.8M | $49.6M | $24.9M | — | View 990 |
| 2022 | $58.9M | $58.7M | $41.0M | $25.6M | — | View 990 |
| 2021 | $50.4M | $50.4M | $37.8M | $26.0M | — | View 990 |
| 2020 | $53.5M | $49.9M | $43.3M | $33.0M | — | View 990 |
| 2019 | $62.5M | $75.0M | $36.0M | $27.7M | — | View 990 |
| 2018 | $66.6M | $70.8M | $46.6M | $23.6M | — | View 990 |
| 2017 | $46.6M | $47.1M | $15.1M | $14.6M | — | View 990 |
| 2016 | $47.7M | $49.0M | $16.8M | $13.5M | — | View 990 |
| 2015 | $43.2M | $46.7M | $17.7M | $11.5M | — | View 990 |
| 2014 | $42.0M | $45.8M | $23.4M | $10.1M | — | View 990 |
| 2013 | $43.6M | $45.4M | $28.2M | $11.1M | — | View 990 |
| 2012 | $43.1M | $45.4M | $33.3M | $11.1M | — | View 990 |
| 2011 | $42.9M | $43.0M | $34.1M | $10.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68.9M, expenses of $59.8M, and assets of $49.6M (revenue +16.9% year-over-year).
- 2022: Revenue of $58.9M, expenses of $58.7M, and assets of $41.0M (revenue +17.0% year-over-year).
- 2021: Revenue of $50.4M, expenses of $50.4M, and assets of $37.8M (revenue -5.8% year-over-year).
- 2020: Revenue of $53.5M, expenses of $49.9M, and assets of $43.3M (revenue -14.4% year-over-year).
- 2019: Revenue of $62.5M, expenses of $75.0M, and assets of $36.0M (revenue -6.2% year-over-year).
- 2018: Revenue of $66.6M, expenses of $70.8M, and assets of $46.6M (revenue +42.9% year-over-year).
- 2017: Revenue of $46.6M, expenses of $47.1M, and assets of $15.1M (revenue -2.2% year-over-year).
- 2016: Revenue of $47.7M, expenses of $49.0M, and assets of $16.8M (revenue +10.4% year-over-year).
- 2015: Revenue of $43.2M, expenses of $46.7M, and assets of $17.7M (revenue +2.9% year-over-year).
- 2014: Revenue of $42.0M, expenses of $45.8M, and assets of $23.4M (revenue -3.7% year-over-year).
- 2013: Revenue of $43.6M, expenses of $45.4M, and assets of $28.2M (revenue +1.2% year-over-year).
- 2012: Revenue of $43.1M, expenses of $45.4M, and assets of $33.3M (revenue +0.4% year-over-year).
- 2011: Revenue of $42.9M, expenses of $43.0M, and assets of $34.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brooks Tlc Hospital System Inc:
Data Sources and Methodology
This transparency report for Brooks Tlc Hospital System Inc 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.