Centrastate Medical Center Inc
Centrastate Medical Center: Stable Finances, High Program Spending
EIN: 221750190 · Freehold, NJ · NTEE: E220 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $406.4M |
| Total Expenses | $387.1M |
| Program Spending | 85% |
| Net Assets | $253.0M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Centrastate Medical Center Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Centrastate Medical Center Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Centrastate Medical Center Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $384.3M and expenses of $387.1M.
Revenue and Expenses
Centrastate Medical Center Inc reported $384.3M in revenue and $387.1M in expenses, a deficit of $2.9M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 3 strengths are shown from structured and AI review.
Is Centrastate Medical Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $329.1M (85%) |
Across stored filings, Centrastate Medical Center Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Health context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Centrastate Medical Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Centrastate Medical Center Inc
Centrastate Medical Center Inc (EIN: 221750190) is a nonprofit organization based in Freehold, NJ, classified under NTEE code E220. The organization reported total revenue of $406.4M and total assets of $487.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centrastate Medical Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centrastate Medical Center Inc is a major nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $384.3M |
| Total Expenses | $387.1M |
| Surplus / Deficit | $-2,871,452 |
| Total Assets | $442.5M |
| Total Liabilities | $189.6M |
| Net Assets | $253.0M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 42.8% |
| Months of Reserves | 13.7 months |
Financial Health Grade: B
In 2023, Centrastate Medical Center Inc reported a deficit of $2.9M with expenses exceeding revenue, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 42.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Centrastate Medical Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +2.0% | +10.6% |
| 2022 | +1.4% | +10.5% | -4.3% |
| 2021 | +14.1% | +14.7% | -2.5% |
| 2020 | -2.7% | +1.5% | +16.1% |
| 2019 | +4.4% | +4.1% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Centrastate Medical Center Inc 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, Centrastate Medical Center 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 $2.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.8%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags indicating excessive pay.
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 Centrastate Medical Center Inc:
- Consistent revenue growth over the past several years, from $278,594,071 in 2016 to $406,412,886 in 2023.
- Healthy asset base of $487,440,869 in 2023, indicating strong financial stability.
- Positive net income in most recent years, demonstrating effective financial management.
Frequently Asked Questions about Centrastate Medical Center Inc
Is Centrastate Medical Center Inc a legitimate charity?
Centrastate Medical Center Inc (EIN: 221750190) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $406.4M. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Centrastate Medical Center Inc spend its money?
Centrastate Medical Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Centrastate Medical Center Inc tax-deductible?
Centrastate Medical Center Inc is registered as a tax-exempt nonprofit (EIN: 221750190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Centrastate Medical Center Inc's spending goes to programs?
Centrastate Medical Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Centrastate Medical Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Centrastate Medical Center Inc 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 Centrastate Medical Center Inc located?
Centrastate Medical Center Inc is headquartered in Freehold, New Jersey and files with the IRS under EIN 221750190. It is classified under NTEE code E220.
How many years of IRS 990 filings does Centrastate Medical Center Inc have?
Centrastate Medical Center 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 $406.4M in total revenue.
What does Centrastate Medical Center Inc do?
Centrastate Medical Center Inc is a nonprofit organization in the Health Care sector, located in Freehold, New Jersey. It is classified under NTEE code E220.
How much revenue does Centrastate Medical Center Inc have?
Centrastate Medical Center Inc reported total revenue of $406,412,886. Based on 13 IRS 990 filings on record.
What are Centrastate Medical Center Inc's total assets?
Centrastate Medical Center Inc holds total assets of $487,440,869 as reported in IRS 990 filings.
Where is Centrastate Medical Center Inc located?
Centrastate Medical Center Inc is based in Freehold, New Jersey.
What is Centrastate Medical Center Inc's EIN?
Centrastate Medical Center Inc's Employer Identification Number (EIN) is 221750190. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Centrastate Medical Center Inc?
Centrastate Medical Center Inc is classified under NTEE code E220 (Health Care).
Is Centrastate Medical Center Inc a registered 501(c)(3)?
Yes, Centrastate Medical Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 221750190.
Does Centrastate Medical Center Inc file IRS Form 990?
Yes, Centrastate Medical Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Centrastate Medical Center Inc's revenue in 2023?
In the 202312 filing period, Centrastate Medical Center Inc reported total revenue of $384,276,165, total expenses of $387,147,617, and net assets of $442,523,512.
Is Centrastate Medical Center Inc's revenue growing or declining?
Centrastate Medical Center Inc's revenue is growing. Revenue went from $353,792,707 (202212) to $384,276,165 (202312), a +8.6% change. Based on 13 filings on record.
What is Centrastate Medical Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Centrastate Medical Center Inc covers tax period 202312. It shows revenue of $384,276,165, expenses of $387,147,617, total assets of $442,523,512, and liabilities of $189,553,750.
How much does Centrastate Medical Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Centrastate Medical Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Centrastate Medical Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Centrastate Medical Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Centrastate Medical Center Inc's strengths?
Positive indicators for Centrastate Medical Center Inc include: Consistent revenue growth over the past several years, from $278,594,071 in 2016 to $406,412,886 in 2023.. Healthy asset base of $487,440,869 in 2023, indicating strong financial stability.. Positive net income in most recent years, demonstrating effective financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Centrastate Medical Center Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags indicating excessive pay. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Centrastate Medical Center managed to achieve consistent revenue growth despite potential healthcare industry pressures?
Centrastate Medical Center has shown consistent revenue growth, increasing from $278,594,071 in 2016 to $406,412,886 in 2023. This suggests effective strategic planning, potentially through service expansion, strong patient retention, or successful adaptation to market changes within the Freehold, NJ area.
What is the trend in the organization's liabilities relative to its assets, and what does this imply about its financial risk?
Centrastate's liabilities have fluctuated but generally remained manageable relative to its assets. For instance, in 2023, liabilities were $189,553,750 against assets of $442,523,512 (from 202312 filing data). This indicates a healthy asset-to-liability ratio, suggesting a low financial risk profile and strong solvency.
Filing History
IRS 990 filing history for Centrastate Medical Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Centrastate Medical Center Inc's revenue has grown by 59.6%, moving from $240.8M to $384.3M. Total assets increased by 25.4% over the same period, from $353.0M to $442.5M. Total functional expenses rose by 75.3%, from $220.8M to $387.1M. In its most recent filing year (2023), Centrastate Medical Center Inc reported a deficit of $2.9M, with expenses exceeding revenue. The organization holds $189.6M in liabilities against $442.5M in assets (debt-to-asset ratio: 42.8%), resulting in net assets of $253.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $384.3M | $387.1M | $442.5M | $189.6M | — | View 990 |
| 2022 | $353.8M | $379.6M | $400.0M | $167.4M | — | View 990 |
| 2021 | $348.8M | $343.5M | $418.0M | $182.3M | — | View 990 |
| 2020 | $305.6M | $299.6M | $428.9M | $198.8M | — | View 990 |
| 2019 | $314.2M | $295.0M | $369.4M | $149.8M | — | View 990 |
| 2018 | $301.0M | $283.5M | $338.6M | $145.4M | — | View 990 |
| 2017 | $280.5M | $280.6M | $342.9M | $152.0M | — | — |
| 2016 | $278.6M | $272.4M | $344.7M | $161.9M | — | View 990 |
| 2015 | $269.9M | $261.2M | $340.0M | $169.4M | — | View 990 |
| 2014 | $252.1M | $248.7M | $375.4M | $170.8M | — | View 990 |
| 2013 | $243.7M | $240.8M | $371.2M | $171.0M | — | View 990 |
| 2012 | $244.5M | $232.9M | $368.1M | $176.4M | — | View 990 |
| 2011 | $240.8M | $220.8M | $353.0M | $176.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $384.3M, expenses of $387.1M, and assets of $442.5M (revenue +8.6% year-over-year).
- 2022: Revenue of $353.8M, expenses of $379.6M, and assets of $400.0M (revenue +1.4% year-over-year).
- 2021: Revenue of $348.8M, expenses of $343.5M, and assets of $418.0M (revenue +14.1% year-over-year).
- 2020: Revenue of $305.6M, expenses of $299.6M, and assets of $428.9M (revenue -2.7% year-over-year).
- 2019: Revenue of $314.2M, expenses of $295.0M, and assets of $369.4M (revenue +4.4% year-over-year).
- 2018: Revenue of $301.0M, expenses of $283.5M, and assets of $338.6M (revenue +7.3% year-over-year).
- 2017: Revenue of $280.5M, expenses of $280.6M, and assets of $342.9M (revenue +0.7% year-over-year).
- 2016: Revenue of $278.6M, expenses of $272.4M, and assets of $344.7M (revenue +3.2% year-over-year).
- 2015: Revenue of $269.9M, expenses of $261.2M, and assets of $340.0M (revenue +7.1% year-over-year).
- 2014: Revenue of $252.1M, expenses of $248.7M, and assets of $375.4M (revenue +3.5% year-over-year).
- 2013: Revenue of $243.7M, expenses of $240.8M, and assets of $371.2M (revenue -0.3% year-over-year).
- 2012: Revenue of $244.5M, expenses of $232.9M, and assets of $368.1M (revenue +1.5% year-over-year).
- 2011: Revenue of $240.8M, expenses of $220.8M, and assets of $353.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centrastate Medical Center Inc:
Data Sources and Methodology
This transparency report for Centrastate Medical Center 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.