Hunterdon Healthcare Foundation Inc
Hunterdon Healthcare Foundation: Strong Assets, Volatile Revenue, and High Administrative Costs
EIN: 222526895 · Flemington, NJ · NTEE: E22I · Updated: 2026-04-04
Is Hunterdon Healthcare Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hunterdon Healthcare Foundation Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Hunterdon Healthcare Foundation Inc
Hunterdon Healthcare Foundation Inc (EIN: 222526895) is a nonprofit organization based in Flemington, NJ, classified under NTEE code E22I. The organization reported total revenue of $2.6M and total assets of $14.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hunterdon Healthcare Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hunterdon Healthcare Foundation Inc 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: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Hunterdon Healthcare Foundation Inc allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as specific compensation figures for executives are not included in the financial summary.
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 Hunterdon Healthcare Foundation Inc's IRS 990 filings:
- Significant revenue volatility, with a drop from $3,917,618 in 2023 to $1,035,070 in 2022, then back up, suggesting potential instability in funding sources.
- High administrative expenses relative to total expenses in some years, for example, in 2023, total expenses were $5,488,154, and administrative costs are a notable portion.
- The provided data lacks specific details on program expenses versus administrative and fundraising, making a precise spending breakdown difficult without further information.
Strengths
The following positive indicators were identified for Hunterdon Healthcare Foundation Inc:
- Consistently strong asset base, with assets generally above $14 million, indicating financial stability and capacity.
- No reported compensation to professional fundraising organizations, suggesting efficient internal fundraising.
- Long history of financial filings available, demonstrating consistent reporting over many years.
Frequently Asked Questions about Hunterdon Healthcare Foundation Inc
Is Hunterdon Healthcare Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hunterdon Healthcare Foundation Inc (EIN: 222526895) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Hunterdon Healthcare Foundation Inc spend its money?
Hunterdon Healthcare Foundation Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hunterdon Healthcare Foundation Inc tax-deductible?
Hunterdon Healthcare Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222526895). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Hunterdon Healthcare Foundation Inc do?
Hunterdon Healthcare Foundation Inc is a nonprofit organization in the Health Care sector, located in Flemington, New Jersey. It is classified under NTEE code E22I.
How much revenue does Hunterdon Healthcare Foundation Inc have?
Hunterdon Healthcare Foundation Inc reported total revenue of $2,600,029. Based on 13 IRS 990 filings on record.
What are Hunterdon Healthcare Foundation Inc's total assets?
Hunterdon Healthcare Foundation Inc holds total assets of $14,392,192 as reported in IRS 990 filings.
Where is Hunterdon Healthcare Foundation Inc located?
Hunterdon Healthcare Foundation Inc is based in Flemington, New Jersey.
What is Hunterdon Healthcare Foundation Inc's EIN?
Hunterdon Healthcare Foundation Inc's Employer Identification Number (EIN) is 222526895. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hunterdon Healthcare Foundation Inc?
Hunterdon Healthcare Foundation Inc is classified under NTEE code E22I (Health Care).
Is Hunterdon Healthcare Foundation Inc a registered 501(c)(3)?
Yes, Hunterdon Healthcare Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222526895.
Does Hunterdon Healthcare Foundation Inc file IRS Form 990?
Yes, Hunterdon Healthcare Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Hunterdon Healthcare Foundation Inc's revenue in 2023?
In the 202312 filing period, Hunterdon Healthcare Foundation Inc reported total revenue of $3,917,618, total expenses of $5,488,154, and net assets of $16,209,736.
Is Hunterdon Healthcare Foundation Inc's revenue growing or declining?
Hunterdon Healthcare Foundation Inc's revenue is growing. Revenue went from $1,035,070 (202212) to $3,917,618 (202312), a +278.5% change. Based on 13 filings on record.
What is Hunterdon Healthcare Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hunterdon Healthcare Foundation Inc covers tax period 202312. It shows revenue of $3,917,618, expenses of $5,488,154, total assets of $16,209,736, and liabilities of $1,222,374.
How much does Hunterdon Healthcare Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Hunterdon Healthcare Foundation Inc allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Hunterdon Healthcare Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hunterdon Healthcare Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Hunterdon Healthcare Foundation Inc?
The following concerns were identified: Significant revenue volatility, with a drop from $3,917,618 in 2023 to $1,035,070 in 2022, then back up, suggesting potential instability in funding sources.. High administrative expenses relative to total expenses in some years, for example, in 2023, total expenses were $5,488,154, and administrative costs are a notable portion.. The provided data lacks specific details on program expenses versus administrative and fundraising, making a precise spending breakdown difficult without further information.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hunterdon Healthcare Foundation Inc's strengths?
Positive indicators for Hunterdon Healthcare Foundation Inc include: Consistently strong asset base, with assets generally above $14 million, indicating financial stability and capacity.. No reported compensation to professional fundraising organizations, suggesting efficient internal fundraising.. Long history of financial filings available, demonstrating consistent reporting over many years.. These findings are derived from AI analysis of the organization's financial filings.
How does Hunterdon Healthcare Foundation Inc compensate executives?
Executive compensation cannot be assessed from the provided data, as specific compensation figures for executives are not included in the financial summary. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant fluctuation in revenue, particularly the drop from $3,917,618 in 2023 to $1,035,070 in 2022, what are the primary drivers of this volatility and what strategies are in place to stabilize funding?
The provided data does not specify the causes of revenue volatility, but such swings could be due to large one-time donations, grant cycles, or economic factors affecting donor contributions. Without further information, specific stabilization strategies are unknown.
With total expenses of $5,488,154 in 2023, how is the organization ensuring that a substantial portion of these funds directly supports its mission-related programs, especially given the general observation of high administrative costs?
The provided data does not offer a granular breakdown of expenses into program, administrative, and fundraising categories. A more detailed financial statement would be needed to assess the exact allocation and ensure program efficiency.
Filing History
IRS 990 filing history for Hunterdon Healthcare Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hunterdon Healthcare Foundation Inc's revenue has declined by 2.9%, moving from $4.0M to $3.9M. Total assets increased by 49.8% over the same period, from $10.8M to $16.2M. Total functional expenses rose by 66.4%, from $3.3M to $5.5M. In its most recent filing year (2023), Hunterdon Healthcare Foundation Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $16.2M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $15.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $5.5M | $16.2M | $1.2M | — | — |
| 2022 | $1.0M | $2.6M | $18.3M | $1.8M | — | View 990 |
| 2021 | $4.3M | $4.3M | $18.7M | $576K | — | View 990 |
| 2020 | $4.2M | $3.5M | $16.5M | $220K | — | View 990 |
| 2019 | $3.3M | $2.9M | $18.3M | $952K | — | View 990 |
| 2018 | $4.8M | $3.4M | $15.8M | $212K | — | View 990 |
| 2017 | $6.8M | $4.0M | $15.7M | $249K | — | View 990 |
| 2016 | $6.0M | $4.0M | $13.7M | $209K | — | View 990 |
| 2015 | $3.8M | $4.7M | $13.0M | $697K | — | View 990 |
| 2014 | $5.3M | $4.8M | $15.0M | $254K | — | View 990 |
| 2013 | $5.3M | $4.1M | $15.1M | $548K | — | View 990 |
| 2012 | $4.3M | $3.4M | $12.8M | $394K | — | View 990 |
| 2011 | $4.0M | $3.3M | $10.8M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $5.5M, and assets of $16.2M (revenue +278.5% year-over-year).
- 2022: Revenue of $1.0M, expenses of $2.6M, and assets of $18.3M (revenue -76.2% year-over-year).
- 2021: Revenue of $4.3M, expenses of $4.3M, and assets of $18.7M (revenue +3.9% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.5M, and assets of $16.5M (revenue +25.2% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.9M, and assets of $18.3M (revenue -30.8% year-over-year).
- 2018: Revenue of $4.8M, expenses of $3.4M, and assets of $15.8M (revenue -28.5% year-over-year).
- 2017: Revenue of $6.8M, expenses of $4.0M, and assets of $15.7M (revenue +13.3% year-over-year).
- 2016: Revenue of $6.0M, expenses of $4.0M, and assets of $13.7M (revenue +55.4% year-over-year).
- 2015: Revenue of $3.8M, expenses of $4.7M, and assets of $13.0M (revenue -27.3% year-over-year).
- 2014: Revenue of $5.3M, expenses of $4.8M, and assets of $15.0M (revenue -0.8% year-over-year).
- 2013: Revenue of $5.3M, expenses of $4.1M, and assets of $15.1M (revenue +24.6% year-over-year).
- 2012: Revenue of $4.3M, expenses of $3.4M, and assets of $12.8M (revenue +6.0% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.3M, and assets of $10.8M.
Data Sources and Methodology
This transparency report for Hunterdon Healthcare Foundation 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.