Catholic Health System Inc
Catholic Health System: Strong Financials, Moderate Mission Focus
EIN: 222565278 · Buffalo, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $210.1M |
| Total Expenses | $198.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1,000,000 |
| Net Assets | $140.2M |
| Transparency Score | 65/100 |
Is Catholic Health System Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Health System Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Health System Inc
Catholic Health System Inc (EIN: 222565278) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $210.1M and total assets of $602.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Health System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Health System Inc is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198.1M |
| Total Expenses | $198.2M |
| Surplus / Deficit | $-84,100 |
| Total Assets | $578.8M |
| Total Liabilities | $438.7M |
| Net Assets | $140.2M |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 75.8% |
| Months of Reserves | 35.1 months |
Financial Health Grade: C
In 2023, Catholic Health System Inc reported a deficit of $84K with expenses exceeding revenue, holds 35.1 months of operating reserves (strong position), has a debt-to-asset ratio of 75.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catholic Health System Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | -1.2% | +6.8% |
| 2022 | +0.9% | +5.9% | -3.3% |
| 2021 | +1.6% | +1.3% | +36.6% |
| 2020 | +2.9% | +3.1% | +2.5% |
| 2019 | +17.9% | +17.9% | +36.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Catholic Health System Inc with a Mission Score of 65 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, Catholic Health System 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 75.8%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with the highest compensated officer receiving $1,000,000 in 2023, which is 0.5% of total revenue.
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.
Strengths
The following positive indicators were identified for Catholic Health System Inc:
- Consistent revenue growth over the past several years, reaching $198,087,566 in 2023.
- Strong asset base of $578,839,630 in 2023, indicating financial stability.
- Low fundraising expenses relative to total expenditures, suggesting efficient resource allocation.
Frequently Asked Questions about Catholic Health System Inc
Is Catholic Health System Inc a legitimate charity?
Catholic Health System Inc (EIN: 222565278) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $210.1M. No red flags identified. 3 strengths noted. Financial health grade: C.
How does Catholic Health System Inc spend its money?
Catholic Health System Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Catholic Health System Inc tax-deductible?
Catholic Health System Inc is registered as a tax-exempt nonprofit (EIN: 222565278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Catholic Health System Inc CEO make?
Catholic Health System Inc's highest-compensated officer earns $1,000,000 annually. The organization reported $210.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Catholic Health System Inc's spending goes to programs?
Catholic Health System Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Catholic Health System Inc located?
Catholic Health System Inc is headquartered in Buffalo, New York and files with the IRS under EIN 222565278.
How many years of IRS 990 filings does Catholic Health System Inc have?
Catholic Health 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 $210.1M in total revenue.
What does Catholic Health System Inc do?
Catholic Health System Inc is a nonprofit organization in the Unknown sector, located in Buffalo, New York. It is classified under NTEE code Unknown.
How much revenue does Catholic Health System Inc have?
Catholic Health System Inc reported total revenue of $210,097,611. Based on 13 IRS 990 filings on record.
What are Catholic Health System Inc's total assets?
Catholic Health System Inc holds total assets of $602,177,294 as reported in IRS 990 filings.
Where is Catholic Health System Inc located?
Catholic Health System Inc is based in Buffalo, New York.
What is Catholic Health System Inc's EIN?
Catholic Health System Inc's Employer Identification Number (EIN) is 222565278. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Catholic Health System Inc?
Catholic Health System Inc is classified under NTEE code Unknown (Unknown).
Is Catholic Health System Inc a registered 501(c)(3)?
Catholic Health System Inc appears in IRS records (EIN: 222565278). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Catholic Health System Inc file IRS Form 990?
Yes, Catholic Health System Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Catholic Health System Inc's revenue in 2023?
In the 202312 filing period, Catholic Health System Inc reported total revenue of $198,087,566, total expenses of $198,171,666, and net assets of $578,839,630.
Is Catholic Health System Inc's revenue growing or declining?
Catholic Health System Inc's revenue is relatively stable. Revenue went from $190,955,369 (202212) to $198,087,566 (202312), a +3.7% change. Based on 13 filings on record.
What is Catholic Health System Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Catholic Health System Inc covers tax period 202312. It shows revenue of $198,087,566, expenses of $198,171,666, total assets of $578,839,630, and liabilities of $438,651,511.
How much does Catholic Health System Inc spend on programs vs administration?
Based on IRS 990 analysis, Catholic Health System Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Catholic Health System Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Catholic Health System Inc shows mixed signals. Mission Score: 65/100 (Good). No red flags identified. 3 strengths noted.
What are Catholic Health System Inc's strengths?
Positive indicators for Catholic Health System Inc include: Consistent revenue growth over the past several years, reaching $198,087,566 in 2023.. Strong asset base of $578,839,630 in 2023, indicating financial stability.. Low fundraising expenses relative to total expenditures, suggesting efficient resource allocation.. These findings are derived from AI analysis of the organization's financial filings.
How does Catholic Health System Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with the highest compensated officer receiving $1,000,000 in 2023, which is 0.5% of total revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to maintain consistent revenue growth despite potential healthcare industry challenges?
Catholic Health System has demonstrated consistent revenue growth, increasing from $152,915,642 in 2016 to $198,087,566 in 2023, suggesting effective strategic planning and operational management within the healthcare sector.
What is the trend in the organization's net assets over the past few years?
The organization's net assets have shown significant growth, from $115,226,678 in 2016 (assets $273,046,853 - liabilities $182,890,481) to $140,188,119 in 2023 (assets $578,839,630 - liabilities $438,651,511), indicating a strengthening financial position.
Filing History
IRS 990 filing history for Catholic Health System Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catholic Health System Inc's revenue has grown by 90.3%, moving from $104.1M to $198.1M. Total assets increased by 588.9% over the same period, from $84.0M to $578.8M. Total functional expenses rose by 90.4%, from $104.1M to $198.2M. In its most recent filing year (2023), Catholic Health System Inc reported a deficit of $84K, with expenses exceeding revenue. The organization holds $438.7M in liabilities against $578.8M in assets (debt-to-asset ratio: 75.8%), resulting in net assets of $140.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198.1M | $198.2M | $578.8M | $438.7M | — | — |
| 2022 | $191.0M | $200.5M | $542.1M | $397.7M | — | View 990 |
| 2021 | $189.3M | $189.3M | $560.7M | $426.5M | — | View 990 |
| 2020 | $186.3M | $186.8M | $410.4M | $297.3M | — | View 990 |
| 2019 | $181.1M | $181.1M | $400.4M | $290.9M | — | View 990 |
| 2018 | $153.6M | $153.6M | $294.2M | $178.8M | — | View 990 |
| 2017 | $153.1M | $153.4M | $293.7M | $184.0M | — | View 990 |
| 2016 | $152.9M | $152.9M | $273.0M | $182.9M | — | View 990 |
| 2015 | $153.7M | $140.2M | $300.7M | $237.2M | — | View 990 |
| 2014 | $128.3M | $127.6M | $190.1M | $166.6M | — | View 990 |
| 2013 | $123.6M | $123.6M | $112.2M | $92.2M | — | View 990 |
| 2012 | $118.1M | $118.1M | $99.5M | $103.5M | — | View 990 |
| 2011 | $104.1M | $104.1M | $84.0M | $92.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198.1M, expenses of $198.2M, and assets of $578.8M (revenue +3.7% year-over-year).
- 2022: Revenue of $191.0M, expenses of $200.5M, and assets of $542.1M (revenue +0.9% year-over-year).
- 2021: Revenue of $189.3M, expenses of $189.3M, and assets of $560.7M (revenue +1.6% year-over-year).
- 2020: Revenue of $186.3M, expenses of $186.8M, and assets of $410.4M (revenue +2.9% year-over-year).
- 2019: Revenue of $181.1M, expenses of $181.1M, and assets of $400.4M (revenue +17.9% year-over-year).
- 2018: Revenue of $153.6M, expenses of $153.6M, and assets of $294.2M (revenue +0.3% year-over-year).
- 2017: Revenue of $153.1M, expenses of $153.4M, and assets of $293.7M (revenue +0.2% year-over-year).
- 2016: Revenue of $152.9M, expenses of $152.9M, and assets of $273.0M (revenue -0.5% year-over-year).
- 2015: Revenue of $153.7M, expenses of $140.2M, and assets of $300.7M (revenue +19.8% year-over-year).
- 2014: Revenue of $128.3M, expenses of $127.6M, and assets of $190.1M (revenue +3.8% year-over-year).
- 2013: Revenue of $123.6M, expenses of $123.6M, and assets of $112.2M (revenue +4.7% year-over-year).
- 2012: Revenue of $118.1M, expenses of $118.1M, and assets of $99.5M (revenue +13.5% year-over-year).
- 2011: Revenue of $104.1M, expenses of $104.1M, and assets of $84.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Health System Inc:
Data Sources and Methodology
This transparency report for Catholic Health 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.