Catholic Medical Center
Catholic Medical Center consistently operates with positive margins, but executive compensation reporting is unclear.
EIN: 20315693 · Manchester, NH · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $550.7M |
| Total Expenses | $531.0M |
| Program Spending | 95% |
| Net Assets | $94.0M |
| Transparency Score | 75/100 |
Is Catholic Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Medical Center directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Medical Center
Catholic Medical Center (EIN: 20315693) is a nonprofit organization based in Manchester, NH, classified under NTEE code E220. The organization reported total revenue of $550.7M and total assets of $389.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Medical Center is a major nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $539.5M |
| Total Expenses | $531.0M |
| Surplus / Deficit | +$8.5M |
| Total Assets | $433.2M |
| Total Liabilities | $339.2M |
| Net Assets | $94.0M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 78.3% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, Catholic Medical Center reported a surplus of $8.5M with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 78.3% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Catholic Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | +4.9% | +0.6% |
| 2022 | -1.0% | +11.4% | -17.0% |
| 2021 | +19.5% | +3.0% | -2.2% |
| 2020 | -6.4% | -2.4% | +21.2% |
| 2019 | +3.5% | +5.0% | -2.3% |
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 Medical Center 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Catholic Medical Center allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $8.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.3%.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation, which is highly unusual for an organization with over half a billion dollars in annual revenue. This suggests executive compensation may be reported through a related entity or not directly disclosed in the provided summary, making it difficult to assess relative to the organization's size.
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 Catholic Medical Center's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for a large organization)
Strengths
The following positive indicators were identified for Catholic Medical Center:
- Consistent positive operating margins (e.g., $8,525,914 in 2023)
- Substantial and stable asset base (e.g., $433,176,137 in 2023)
- High proportion of revenue dedicated to operational expenses, aligning with a hospital's mission
Frequently Asked Questions about Catholic Medical Center
Is Catholic Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Medical Center (EIN: 20315693) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Catholic Medical Center spend its money?
Catholic Medical Center directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Catholic Medical Center tax-deductible?
Catholic Medical Center is registered as a tax-exempt nonprofit (EIN: 20315693). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Catholic Medical Center compare to similar nonprofits?
With a transparency score of 75/100 (Good), Catholic Medical Center 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 Catholic Medical Center located?
Catholic Medical Center is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20315693. It is classified under NTEE code E220.
How many years of IRS 990 filings does Catholic Medical Center have?
Catholic Medical Center has 14 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 $550.7M in total revenue.
Where is executive compensation reported for Catholic Medical Center?
The provided IRS 990 data consistently shows 0% officer compensation, which is highly unusual for an organization of this scale. It is likely reported through a related entity or under a different expense category not detailed in this summary.
What is the trend in Catholic Medical Center's net assets?
Net assets (Assets minus Liabilities) have fluctuated. For example, in 2023, net assets were $93,970,285 ($433,176,137 - $339,205,852), while in 2021, they were $118,482,972 ($518,751,919 - $400,268,947). This indicates some variability but generally a positive net asset position.
How efficient is Catholic Medical Center's spending?
The organization consistently reports expenses significantly close to its revenue, indicating high operational activity. For instance, in 2023, expenses were $530,973,938 against revenues of $539,499,852, suggesting a high proportion of revenue is spent on its operations, consistent with a hospital's mission.
Filing History
IRS 990 filing history for Catholic Medical Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Catholic Medical Center's revenue has grown by 70.9%, moving from $315.7M to $539.5M. Total assets increased by 67.7% over the same period, from $258.3M to $433.2M. Total functional expenses rose by 76.6%, from $300.7M to $531.0M. In its most recent filing year (2023), Catholic Medical Center reported a surplus of $8.5M, with revenue exceeding expenses. The organization holds $339.2M in liabilities against $433.2M in assets (debt-to-asset ratio: 78.3%), resulting in net assets of $94.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $539.5M | $531.0M | $433.2M | $339.2M | — | — |
| 2022 | $543.2M | $506.2M | $430.5M | $319.7M | — | — |
| 2021 | $548.7M | $454.4M | $518.8M | $400.3M | — | View 990 |
| 2020 | $459.2M | $441.2M | $530.6M | $482.2M | — | View 990 |
| 2019 | $490.5M | $452.2M | $437.7M | $347.0M | — | View 990 |
| 2018 | $473.7M | $430.9M | $448.2M | $298.1M | — | View 990 |
| 2017 | $113.0M | $98.9M | $441.1M | $318.5M | — | View 990 |
| 2017 | $434.7M | $378.6M | $362.5M | $248.4M | — | View 990 |
| 2016 | $400.6M | $357.0M | $323.9M | $245.6M | — | View 990 |
| 2015 | $354.4M | $325.7M | $310.5M | $203.6M | — | View 990 |
| 2014 | $342.8M | $310.6M | $304.7M | $179.1M | — | View 990 |
| 2013 | $322.1M | $292.7M | $289.2M | $190.8M | — | View 990 |
| 2012 | $324.2M | $301.0M | $279.7M | $219.1M | — | View 990 |
| 2011 | $315.7M | $300.7M | $258.3M | $157.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $539.5M, expenses of $531.0M, and assets of $433.2M (revenue -0.7% year-over-year).
- 2022: Revenue of $543.2M, expenses of $506.2M, and assets of $430.5M (revenue -1.0% year-over-year).
- 2021: Revenue of $548.7M, expenses of $454.4M, and assets of $518.8M (revenue +19.5% year-over-year).
- 2020: Revenue of $459.2M, expenses of $441.2M, and assets of $530.6M (revenue -6.4% year-over-year).
- 2019: Revenue of $490.5M, expenses of $452.2M, and assets of $437.7M (revenue +3.5% year-over-year).
- 2018: Revenue of $473.7M, expenses of $430.9M, and assets of $448.2M (revenue +319.2% year-over-year).
- 2017: Revenue of $113.0M, expenses of $98.9M, and assets of $441.1M (revenue -74.0% year-over-year).
- 2017: Revenue of $434.7M, expenses of $378.6M, and assets of $362.5M (revenue +8.5% year-over-year).
- 2016: Revenue of $400.6M, expenses of $357.0M, and assets of $323.9M (revenue +13.0% year-over-year).
- 2015: Revenue of $354.4M, expenses of $325.7M, and assets of $310.5M (revenue +3.4% year-over-year).
- 2014: Revenue of $342.8M, expenses of $310.6M, and assets of $304.7M (revenue +6.4% year-over-year).
- 2013: Revenue of $322.1M, expenses of $292.7M, and assets of $289.2M (revenue -0.7% year-over-year).
- 2012: Revenue of $324.2M, expenses of $301.0M, and assets of $279.7M (revenue +2.7% year-over-year).
- 2011: Revenue of $315.7M, expenses of $300.7M, and assets of $258.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Medical Center:
Data Sources and Methodology
This transparency report for Catholic Medical Center 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.