Catholic Medical Mission Board Inc
Catholic Medical Mission Board consistently dedicates over 90% of expenses to programs, with no reported officer compensation.
EIN: 135602319 · New York, NY · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $357.4M |
| Total Expenses | $463.0M |
| Program Spending | 98% |
| Net Assets | $82.0M |
| Transparency Score | 95/100 |
Is Catholic Medical Mission Board Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Medical Mission Board Inc directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Medical Mission Board Inc
Catholic Medical Mission Board Inc (EIN: 135602319) is a nonprofit organization based in New York, NY, classified under NTEE code Q300. The organization reported total revenue of $357.4M and total assets of $72.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Medical Mission Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Medical Mission Board 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 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $364.1M |
| Total Expenses | $463.0M |
| Surplus / Deficit | $-98,903,160 |
| Total Assets | $88.4M |
| Total Liabilities | $6.4M |
| Net Assets | $82.0M |
| Operating Margin | -27.2% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Catholic Medical Mission Board Inc reported a deficit of $98.9M with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catholic Medical Mission Board Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.0% | +8.1% | -52.3% |
| 2022 | +16.5% | +21.7% | +33.3% |
| 2021 | -13.1% | -24.2% | +73.2% |
| 2020 | +9.1% | -20.9% | +21.1% |
| 2019 | -40.9% | -6.9% | -69.7% |
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 Mission Board Inc with a Mission Score of 95 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: 1%
- programs: 98%
- fundraising: 1%
According to IRS 990 filings, Catholic Medical Mission Board Inc allocates its expenses as follows: admin: 1%, programs: 98%, fundraising: 1%. With 98% 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 $98.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and revenue, and suggests a strong commitment to directing funds towards its mission.
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 Mission Board Inc's IRS 990 filings:
- Expenses exceeded revenue in several periods (e.g., 202309, 201909, 201609), indicating operational deficits in those years.
Strengths
The following positive indicators were identified for Catholic Medical Mission Board Inc:
- Exceptional program spending ratio, consistently over 90% (e.g., 98.26% in 202309).
- Consistent reporting of 0% officer compensation across all available filings.
- Relatively low liabilities compared to assets, indicating financial stability.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
Frequently Asked Questions about Catholic Medical Mission Board Inc
Is Catholic Medical Mission Board Inc a legitimate charity?
Catholic Medical Mission Board Inc (EIN: 135602319) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $357.4M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Catholic Medical Mission Board Inc spend its money?
Catholic Medical Mission Board Inc directs 98% of its spending to programs and services. Fundraising costs 1%. This exceeds the 65% industry benchmark.
Are donations to Catholic Medical Mission Board Inc tax-deductible?
Catholic Medical Mission Board Inc is registered as a tax-exempt nonprofit (EIN: 135602319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Catholic Medical Mission Board Inc's spending goes to programs?
Catholic Medical Mission Board Inc directs 98% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Catholic Medical Mission Board Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Catholic Medical Mission Board Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Catholic Medical Mission Board Inc located?
Catholic Medical Mission Board Inc is headquartered in New York, New York and files with the IRS under EIN 135602319. It is classified under NTEE code Q300.
How many years of IRS 990 filings does Catholic Medical Mission Board Inc have?
Catholic Medical Mission Board 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 $357.4M in total revenue.
Is Catholic Medical Mission Board Inc. a good charity?
Based on the provided data, Catholic Medical Mission Board Inc. appears to be a very good charity. It consistently allocates over 90% of its expenses to program services (e.g., 98.26% in 202309), indicating high efficiency in delivering its mission. The consistent reporting of 0% officer compensation also suggests a strong dedication to its cause.
How does Catholic Medical Mission Board Inc. manage its finances given revenue fluctuations?
CMMB manages significant revenue fluctuations, ranging from $311 million to $734 million over the past decade. While some years show expenses exceeding revenue (e.g., 202309 with $364M revenue vs. $463M expenses), the organization maintains substantial assets (e.g., $88M in 202309) and relatively low liabilities, suggesting a robust financial management strategy that allows it to absorb these variations.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly notable as it consistently reports 0% officer compensation across all 13 available filings. This indicates that no compensation was paid to its officers, directors, trustees, or key employees, which is an exceptional practice for an organization of its scale.
Filing History
IRS 990 filing history for Catholic Medical Mission Board Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catholic Medical Mission Board Inc's revenue has grown by 19.3%, moving from $305.1M to $364.1M. Total assets increased by 46.8% over the same period, from $60.2M to $88.4M. Total functional expenses rose by 79.5%, from $257.9M to $463.0M. In its most recent filing year (2023), Catholic Medical Mission Board Inc reported a deficit of $98.9M, with expenses exceeding revenue. The organization holds $6.4M in liabilities against $88.4M in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $82.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $364.1M | $463.0M | $88.4M | $6.4M | — | — |
| 2022 | $479.1M | $428.3M | $185.2M | $7.6M | — | View 990 |
| 2021 | $411.4M | $351.9M | $139.0M | $5.2M | — | View 990 |
| 2020 | $473.3M | $464.2M | $80.2M | $11.1M | — | — |
| 2019 | $433.9M | $587.1M | $66.3M | $6.9M | — | View 990 |
| 2018 | $734.7M | $630.6M | $218.9M | $6.3M | — | View 990 |
| 2017 | $599.1M | $581.7M | $112.4M | $5.3M | — | View 990 |
| 2016 | $368.3M | $382.5M | $93.1M | $5.3M | — | View 990 |
| 2015 | $311.1M | $314.2M | $105.8M | $5.0M | — | View 990 |
| 2014 | $381.7M | $390.1M | $109.9M | $5.9M | — | View 990 |
| 2013 | $526.9M | $482.4M | $117.3M | $6.9M | — | View 990 |
| 2012 | $270.2M | $259.1M | $73.2M | $7.8M | — | View 990 |
| 2011 | $305.1M | $257.9M | $60.2M | $6.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $364.1M, expenses of $463.0M, and assets of $88.4M (revenue -24.0% year-over-year).
- 2022: Revenue of $479.1M, expenses of $428.3M, and assets of $185.2M (revenue +16.5% year-over-year).
- 2021: Revenue of $411.4M, expenses of $351.9M, and assets of $139.0M (revenue -13.1% year-over-year).
- 2020: Revenue of $473.3M, expenses of $464.2M, and assets of $80.2M (revenue +9.1% year-over-year).
- 2019: Revenue of $433.9M, expenses of $587.1M, and assets of $66.3M (revenue -40.9% year-over-year).
- 2018: Revenue of $734.7M, expenses of $630.6M, and assets of $218.9M (revenue +22.6% year-over-year).
- 2017: Revenue of $599.1M, expenses of $581.7M, and assets of $112.4M (revenue +62.7% year-over-year).
- 2016: Revenue of $368.3M, expenses of $382.5M, and assets of $93.1M (revenue +18.4% year-over-year).
- 2015: Revenue of $311.1M, expenses of $314.2M, and assets of $105.8M (revenue -18.5% year-over-year).
- 2014: Revenue of $381.7M, expenses of $390.1M, and assets of $109.9M (revenue -27.5% year-over-year).
- 2013: Revenue of $526.9M, expenses of $482.4M, and assets of $117.3M (revenue +95.0% year-over-year).
- 2012: Revenue of $270.2M, expenses of $259.1M, and assets of $73.2M (revenue -11.4% year-over-year).
- 2011: Revenue of $305.1M, expenses of $257.9M, and assets of $60.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Medical Mission Board Inc:
Data Sources and Methodology
This transparency report for Catholic Medical Mission Board 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.