Cape Cod Healthcare Inc
Cape Cod Healthcare: Strong Financials, Room for Transparency
EIN: 222600704 · Hyannis, MA · NTEE: E210 · Updated: 2026-04-04
Is Cape Cod Healthcare Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cape Cod Healthcare Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cape Cod Healthcare Inc
Cape Cod Healthcare Inc (EIN: 222600704) is a nonprofit organization based in Hyannis, MA, classified under NTEE code E210. The organization reported total revenue of $162.7M and total assets of $515.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape Cod Healthcare Inc'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 Cape Cod Healthcare Inc 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, Cape Cod Healthcare Inc 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
Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult without further filings.
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 Cape Cod Healthcare Inc's IRS 990 filings:
- Lack of detailed program spending breakdown makes it difficult to fully assess impact per dollar.
- Absence of a dedicated transparency report could lead to questions regarding operational openness.
Strengths
The following positive indicators were identified for Cape Cod Healthcare Inc:
- Consistently strong revenue growth over the past several years, indicating financial health.
- Significant asset base of $515,131,694 suggests robust financial stability.
- Positive net income trend (revenue minus expenses) across multiple years.
Frequently Asked Questions about Cape Cod Healthcare Inc
Is Cape Cod Healthcare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cape Cod Healthcare Inc (EIN: 222600704) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Cape Cod Healthcare Inc spend its money?
Cape Cod Healthcare Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cape Cod Healthcare Inc tax-deductible?
Cape Cod Healthcare Inc is registered as a tax-exempt nonprofit (EIN: 222600704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Cape Cod Healthcare Inc do?
Cape Cod Healthcare Inc is a nonprofit organization in the Health Care sector, located in Hyannis, Massachusetts. It is classified under NTEE code E210.
How much revenue does Cape Cod Healthcare Inc have?
Cape Cod Healthcare Inc reported total revenue of $162,733,699. Based on 13 IRS 990 filings on record.
What are Cape Cod Healthcare Inc's total assets?
Cape Cod Healthcare Inc holds total assets of $515,131,694 as reported in IRS 990 filings.
Where is Cape Cod Healthcare Inc located?
Cape Cod Healthcare Inc is based in Hyannis, Massachusetts.
What is Cape Cod Healthcare Inc's EIN?
Cape Cod Healthcare Inc's Employer Identification Number (EIN) is 222600704. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cape Cod Healthcare Inc?
Cape Cod Healthcare Inc is classified under NTEE code E210 (Health Care).
Is Cape Cod Healthcare Inc a registered 501(c)(3)?
Yes, Cape Cod Healthcare Inc is recognized as a tax-exempt organization by the IRS. EIN: 222600704.
Does Cape Cod Healthcare Inc file IRS Form 990?
Yes, Cape Cod Healthcare Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Cape Cod Healthcare Inc's revenue in 2023?
In the 202309 filing period, Cape Cod Healthcare Inc reported total revenue of $147,583,312, total expenses of $141,737,210, and net assets of $463,459,033.
Is Cape Cod Healthcare Inc's revenue growing or declining?
Cape Cod Healthcare Inc's revenue is growing. Revenue went from $136,489,603 (202209) to $147,583,312 (202309), a +8.1% change. Based on 13 filings on record.
What is Cape Cod Healthcare Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cape Cod Healthcare Inc covers tax period 202309. It shows revenue of $147,583,312, expenses of $141,737,210, total assets of $463,459,033, and liabilities of $213,515,050.
How much does Cape Cod Healthcare Inc spend on programs vs administration?
Based on IRS 990 analysis, Cape Cod Healthcare Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Cape Cod Healthcare Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cape Cod Healthcare Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Cape Cod Healthcare Inc?
The following concerns were identified: Lack of detailed program spending breakdown makes it difficult to fully assess impact per dollar.. Absence of a dedicated transparency report could lead to questions regarding operational openness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cape Cod Healthcare Inc's strengths?
Positive indicators for Cape Cod Healthcare Inc include: Consistently strong revenue growth over the past several years, indicating financial health.. Significant asset base of $515,131,694 suggests robust financial stability.. Positive net income trend (revenue minus expenses) across multiple years.. These findings are derived from AI analysis of the organization's financial filings.
How does Cape Cod Healthcare Inc compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Cape Cod Healthcare Inc. ensure its substantial asset base is optimally utilized to directly benefit the community it serves, beyond operational expenses?
While the financial data shows a healthy asset base, the filings do not explicitly detail specific community benefit programs or investments funded directly from these assets, beyond general operational expenditures. Further investigation into their community benefit reports would be necessary.
Filing History
IRS 990 filing history for Cape Cod Healthcare Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cape Cod Healthcare Inc's revenue has grown by 348.8%, moving from $32.9M to $147.6M. Total assets increased by 218.5% over the same period, from $145.5M to $463.5M. Total functional expenses rose by 344.2%, from $31.9M to $141.7M. In its most recent filing year (2023), Cape Cod Healthcare Inc reported a surplus of $5.8M, with revenue exceeding expenses. The organization holds $213.5M in liabilities against $463.5M in assets (debt-to-asset ratio: 46.1%), resulting in net assets of $249.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $147.6M | $141.7M | $463.5M | $213.5M | — | — |
| 2022 | $136.5M | $128.3M | $423.4M | $194.5M | — | — |
| 2021 | $141.9M | $127.2M | $447.0M | $185.9M | — | View 990 |
| 2020 | $116.5M | $107.1M | $424.3M | $188.9M | — | — |
| 2019 | $113.9M | $106.6M | $403.8M | $176.3M | — | View 990 |
| 2018 | $120.2M | $81.5M | $397.5M | $161.9M | — | View 990 |
| 2017 | $77.4M | $72.1M | $346.5M | $133.8M | — | View 990 |
| 2016 | $64.3M | $60.2M | $273.7M | $100.6M | — | View 990 |
| 2015 | $48.7M | $45.4M | $249.7M | $91.1M | — | View 990 |
| 2014 | $58.6M | $54.5M | $228.8M | $67.4M | — | View 990 |
| 2013 | $34.5M | $30.8M | $204.2M | $58.8M | — | View 990 |
| 2012 | $39.1M | $35.6M | $194.7M | $56.8M | — | View 990 |
| 2011 | $32.9M | $31.9M | $145.5M | $33.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147.6M, expenses of $141.7M, and assets of $463.5M (revenue +8.1% year-over-year).
- 2022: Revenue of $136.5M, expenses of $128.3M, and assets of $423.4M (revenue -3.8% year-over-year).
- 2021: Revenue of $141.9M, expenses of $127.2M, and assets of $447.0M (revenue +21.9% year-over-year).
- 2020: Revenue of $116.5M, expenses of $107.1M, and assets of $424.3M (revenue +2.3% year-over-year).
- 2019: Revenue of $113.9M, expenses of $106.6M, and assets of $403.8M (revenue -5.3% year-over-year).
- 2018: Revenue of $120.2M, expenses of $81.5M, and assets of $397.5M (revenue +55.4% year-over-year).
- 2017: Revenue of $77.4M, expenses of $72.1M, and assets of $346.5M (revenue +20.4% year-over-year).
- 2016: Revenue of $64.3M, expenses of $60.2M, and assets of $273.7M (revenue +31.9% year-over-year).
- 2015: Revenue of $48.7M, expenses of $45.4M, and assets of $249.7M (revenue -16.8% year-over-year).
- 2014: Revenue of $58.6M, expenses of $54.5M, and assets of $228.8M (revenue +69.9% year-over-year).
- 2013: Revenue of $34.5M, expenses of $30.8M, and assets of $204.2M (revenue -11.7% year-over-year).
- 2012: Revenue of $39.1M, expenses of $35.6M, and assets of $194.7M (revenue +18.8% year-over-year).
- 2011: Revenue of $32.9M, expenses of $31.9M, and assets of $145.5M.
Data Sources and Methodology
This transparency report for Cape Cod Healthcare 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.