Canton Potsdam Hospital
Canton Potsdam Hospital shows consistent revenue growth and operational surpluses over the past decade.
EIN: 161012691 · Potsdam, NY · NTEE: E22Z · Updated: 2026-03-28
Is Canton Potsdam Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Canton Potsdam Hospital directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Canton Potsdam Hospital
Canton Potsdam Hospital (EIN: 161012691) is a nonprofit organization based in Potsdam, NY, classified under NTEE code E22Z. The organization reported total revenue of $385.8M and total assets of $342.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canton Potsdam Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Canton Potsdam Hospital 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Canton Potsdam Hospital 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.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filing periods, which is unusual for an organization of this size and suggests that executive compensation may be reported under different categories or is not captured in this specific data point. A full review of the IRS 990 would be needed to understand the true executive compensation structure.
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 Canton Potsdam Hospital's IRS 990 filings:
- Lack of detailed executive compensation reporting in summary data (0% reported for all periods)
- Absence of specific program, administrative, and fundraising expense ratios in provided data
Strengths
The following positive indicators were identified for Canton Potsdam Hospital:
- Consistent revenue growth over the past decade, from $140,993,937 in 2014 to $385,768,365 currently.
- Consistent operational surpluses, with revenues exceeding expenses in all reported periods (e.g., $262,367,355 revenue vs. $258,594,334 expenses in 2023).
- Significant asset growth, indicating investment in infrastructure and capacity (from $100,388,006 in 2014 to $341,997,003 currently).
- Stable financial health with a positive trend in net assets (Assets - Liabilities).
Frequently Asked Questions about Canton Potsdam Hospital
Is Canton Potsdam Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Canton Potsdam Hospital (EIN: 161012691) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Canton Potsdam Hospital spend its money?
Canton Potsdam Hospital directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Canton Potsdam Hospital tax-deductible?
Canton Potsdam Hospital is registered as a tax-exempt nonprofit (EIN: 161012691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Canton Potsdam Hospital manage its executive compensation, given the 0% reported?
The provided data consistently shows 0% for Officer Compensation. This is highly unusual for an organization of Canton Potsdam Hospital's scale and revenue. It suggests that executive compensation might be reported under different expense categories within the full IRS 990 form, or that the provided summary data does not capture this specific detail. A deeper dive into the full 990 filings would be necessary to understand how executive compensation is structured and disclosed.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. While the organization consistently operates with a surplus (e.g., $262,367,355 revenue vs. $258,594,334 expenses in 2023), a precise allocation of spending would require reviewing the full IRS 990 forms, specifically Part IX, Statement of Functional Expenses.
How has the hospital's debt (liabilities) grown in relation to its assets?
Canton Potsdam Hospital's liabilities have increased significantly alongside its assets. For example, in 2014, assets were $100,388,006 with liabilities of $47,393,323. By 2023, assets grew to $268,048,575 and liabilities to $127,060,995. This indicates that a portion of the asset growth is financed through debt, which is common for hospitals investing in infrastructure and expansion.
Filing History
IRS 990 filing history for Canton Potsdam Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Canton Potsdam Hospital's revenue has grown by 180.3%, moving from $93.6M to $262.4M. Total assets increased by 238.1% over the same period, from $79.3M to $268.0M. Total functional expenses rose by 179.2%, from $92.6M to $258.6M. In its most recent filing year (2023), Canton Potsdam Hospital reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $127.1M in liabilities against $268.0M in assets (debt-to-asset ratio: 47.4%), resulting in net assets of $141.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $262.4M | $258.6M | $268.0M | $127.1M | — | — |
| 2022 | $255.2M | $247.5M | $319.1M | $186.1M | — | View 990 |
| 2021 | $242.3M | $227.3M | $209.3M | $81.6M | — | View 990 |
| 2020 | $219.0M | $210.0M | $195.5M | $89.1M | — | View 990 |
| 2019 | $222.0M | $206.0M | $157.8M | $64.7M | — | View 990 |
| 2018 | $204.5M | $192.3M | $141.8M | $64.2M | — | View 990 |
| 2017 | $192.4M | $181.6M | $127.8M | $61.3M | — | View 990 |
| 2016 | $171.2M | $164.3M | $109.7M | $54.2M | — | View 990 |
| 2015 | $151.1M | $145.9M | $101.4M | $47.2M | — | View 990 |
| 2014 | $141.0M | $129.4M | $100.4M | $47.4M | — | View 990 |
| 2013 | $115.5M | $107.3M | $92.7M | $39.8M | — | View 990 |
| 2012 | $99.5M | $95.4M | $83.5M | $48.3M | — | View 990 |
| 2011 | $93.6M | $92.6M | $79.3M | $48.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262.4M, expenses of $258.6M, and assets of $268.0M (revenue +2.8% year-over-year).
- 2022: Revenue of $255.2M, expenses of $247.5M, and assets of $319.1M (revenue +5.3% year-over-year).
- 2021: Revenue of $242.3M, expenses of $227.3M, and assets of $209.3M (revenue +10.6% year-over-year).
- 2020: Revenue of $219.0M, expenses of $210.0M, and assets of $195.5M (revenue -1.3% year-over-year).
- 2019: Revenue of $222.0M, expenses of $206.0M, and assets of $157.8M (revenue +8.6% year-over-year).
- 2018: Revenue of $204.5M, expenses of $192.3M, and assets of $141.8M (revenue +6.3% year-over-year).
- 2017: Revenue of $192.4M, expenses of $181.6M, and assets of $127.8M (revenue +12.4% year-over-year).
- 2016: Revenue of $171.2M, expenses of $164.3M, and assets of $109.7M (revenue +13.3% year-over-year).
- 2015: Revenue of $151.1M, expenses of $145.9M, and assets of $101.4M (revenue +7.2% year-over-year).
- 2014: Revenue of $141.0M, expenses of $129.4M, and assets of $100.4M (revenue +22.1% year-over-year).
- 2013: Revenue of $115.5M, expenses of $107.3M, and assets of $92.7M (revenue +16.1% year-over-year).
- 2012: Revenue of $99.5M, expenses of $95.4M, and assets of $83.5M (revenue +6.3% year-over-year).
- 2011: Revenue of $93.6M, expenses of $92.6M, and assets of $79.3M.
Data Sources and Methodology
This transparency report for Canton Potsdam Hospital 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.