Columbia Memorial Hospital
Columbia Memorial Hospital maintains stable operations with revenues closely matching expenses over the past decade.
EIN: 141338373 · Hudson, NY · NTEE: E21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $161.9M |
| Program Spending | 75% |
| Net Assets | $37.1M |
| Transparency Score | 70/100 |
Is Columbia Memorial Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Columbia Memorial Hospital directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Columbia Memorial Hospital
Columbia Memorial Hospital (EIN: 141338373) is a nonprofit organization based in Hudson, NY, classified under NTEE code E21. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbia Memorial Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbia Memorial Hospital is a major nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2009–2017). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $162.8M |
| Total Expenses | $161.9M |
| Surplus / Deficit | +$964K |
| Total Assets | $96.6M |
| Total Liabilities | $59.5M |
| Net Assets | $37.1M |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 61.6% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2017, Columbia Memorial Hospital reported a surplus of $964K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 61.6% (high leverage).
Financial Trends
Over 9 years of filings (2009–2017), Columbia Memorial Hospital's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +2.2% | +0.9% | +1.4% |
| 2016 | -6.4% | -3.2% | -0.7% |
| 2015 | +5.5% | +4.2% | +1.2% |
| 2014 | +2.1% | +3.0% | -0.5% |
| 2013 | +2.3% | +1.8% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Columbia Memorial Hospital with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Columbia Memorial Hospital allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $964K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.6%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, which suggests that executive compensation is either not reported in this specific field or is covered under other expense categories, or that the organization's officers are not compensated directly through this mechanism.
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 Columbia Memorial Hospital's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting transparency assessment.
- Zero officer compensation reported, which may indicate reporting limitations or alternative compensation structures not immediately apparent.
Strengths
The following positive indicators were identified for Columbia Memorial Hospital:
- Consistent revenue generation covering expenses, indicating operational stability.
- Steady growth in assets over the past decade, from $70,927,010 in 2009 to $96,556,333 in 2017.
- Long history of IRS 990 filings (9 filings), suggesting consistent compliance.
Frequently Asked Questions about Columbia Memorial Hospital
Is Columbia Memorial Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Columbia Memorial Hospital (EIN: 141338373) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Columbia Memorial Hospital spend its money?
Columbia Memorial Hospital directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Columbia Memorial Hospital tax-deductible?
Columbia Memorial Hospital is registered as a tax-exempt nonprofit (EIN: 141338373). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Columbia Memorial Hospital's spending goes to programs?
Columbia Memorial Hospital directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Columbia Memorial Hospital compare to similar nonprofits?
With a transparency score of 70/100 (Good), Columbia Memorial Hospital is above average for NTEE category E21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Columbia Memorial Hospital located?
Columbia Memorial Hospital is headquartered in Hudson, New York and files with the IRS under EIN 141338373. It is classified under NTEE code E21.
How many years of IRS 990 filings does Columbia Memorial Hospital have?
Columbia Memorial Hospital has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Columbia Memorial Hospital financially stable?
Yes, Columbia Memorial Hospital appears financially stable, consistently generating revenues that largely cover its expenses. For example, in 2017, revenue was $162,818,164 and expenses were $161,853,765, showing a slight surplus. Assets have also grown from $70,927,010 in 2009 to $96,556,333 in 2017.
How has Columbia Memorial Hospital's asset base changed over time?
Columbia Memorial Hospital's assets have shown consistent growth, increasing from $70,927,010 in 2009 to $96,556,333 in 2017, indicating a strengthening balance sheet.
What is the trend in Columbia Memorial Hospital's revenue and expenses?
Columbia Memorial Hospital's revenue and expenses have generally increased over the period, from approximately $129 million in revenue and $123 million in expenses in 2009 to over $162 million in revenue and $161 million in expenses in 2017, maintaining a close balance.
Filing History
IRS 990 filing history for Columbia Memorial Hospital showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2009–2017), Columbia Memorial Hospital's revenue has grown by 26.2%, moving from $129.0M to $162.8M. Total assets increased by 36.1% over the same period, from $70.9M to $96.6M. Total functional expenses rose by 30.6%, from $123.9M to $161.9M. In its most recent filing year (2017), Columbia Memorial Hospital reported a surplus of $964K, with revenue exceeding expenses. The organization holds $59.5M in liabilities against $96.6M in assets (debt-to-asset ratio: 61.6%), resulting in net assets of $37.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $162.8M | $161.9M | $96.6M | $59.5M | — | View 990 |
| 2016 | $159.4M | $160.3M | $95.2M | $61.7M | — | View 990 |
| 2015 | $170.3M | $165.7M | $95.9M | $62.7M | — | View 990 |
| 2014 | $161.4M | $159.0M | $94.7M | $67.4M | — | View 990 |
| 2013 | $158.2M | $154.3M | $95.2M | $66.1M | — | View 990 |
| 2012 | $154.6M | $151.5M | $92.5M | $71.3M | — | View 990 |
| 2011 | $138.3M | $138.6M | $84.1M | $65.4M | — | View 990 |
| 2010 | $130.1M | $131.4M | $81.8M | $60.0M | — | View 990 |
| 2009 | $129.0M | $123.9M | $70.9M | $47.9M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $162.8M, expenses of $161.9M, and assets of $96.6M (revenue +2.2% year-over-year).
- 2016: Revenue of $159.4M, expenses of $160.3M, and assets of $95.2M (revenue -6.4% year-over-year).
- 2015: Revenue of $170.3M, expenses of $165.7M, and assets of $95.9M (revenue +5.5% year-over-year).
- 2014: Revenue of $161.4M, expenses of $159.0M, and assets of $94.7M (revenue +2.1% year-over-year).
- 2013: Revenue of $158.2M, expenses of $154.3M, and assets of $95.2M (revenue +2.3% year-over-year).
- 2012: Revenue of $154.6M, expenses of $151.5M, and assets of $92.5M (revenue +11.8% year-over-year).
- 2011: Revenue of $138.3M, expenses of $138.6M, and assets of $84.1M (revenue +6.3% year-over-year).
- 2010: Revenue of $130.1M, expenses of $131.4M, and assets of $81.8M (revenue +0.8% year-over-year).
- 2009: Revenue of $129.0M, expenses of $123.9M, and assets of $70.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbia Memorial Hospital:
Data Sources and Methodology
This transparency report for Columbia Memorial Hospital 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.