Kaleida Health
Kaleida Health maintains consistent operations with narrow surpluses and significant liabilities.
EIN: 161533232 · Buffalo, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0B |
| Total Expenses | $1.7B |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $84.7M |
| Transparency Score | 70/100 |
Is Kaleida Health Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kaleida Health directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kaleida Health
Kaleida Health (EIN: 161533232) is a nonprofit organization based in Buffalo, NY, classified under NTEE code E220. The organization reported total revenue of $2.0B and total assets of $1.3B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kaleida Health's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kaleida Health is a major nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7B |
| Total Expenses | $1.7B |
| Surplus / Deficit | +$36.9M |
| Total Assets | $1.2B |
| Total Liabilities | $1.1B |
| Net Assets | $84.7M |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 92.9% |
| Months of Reserves | 8.7 months |
Financial Health Grade: A
In 2023, Kaleida Health reported a surplus of $36.9M with revenue exceeding expenses, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 92.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kaleida Health's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.4% | +9.3% | -1.0% |
| 2022 | +5.6% | +6.9% | +1.0% |
| 2021 | +6.9% | +1.7% | -2.8% |
| 2020 | -1.3% | +1.9% | -13.2% |
| 2019 | -1.2% | +1.6% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Kaleida Health 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kaleida Health 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 surplus of $36.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 92.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation across all periods, which is unusual for an organization of Kaleida Health's size with nearly $2 billion in annual revenue. This suggests executive compensation may be reported under different categories or through related entities, requiring further investigation for full transparency.
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 Kaleida Health's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into executive pay disclosure.
- Liabilities have at times exceeded assets (e.g., 2020), indicating potential financial leverage or debt management challenges that need closer scrutiny.
Strengths
The following positive indicators were identified for Kaleida Health:
- Consistent revenue growth over the past decade, from $1.16 billion in 2014 to $1.69 billion in 2023, demonstrating strong operational capacity.
- Generally maintains a narrow operating surplus, indicating financial discipline in managing expenses relative to income.
- Significant asset base, reaching over $1.19 billion in 2023, providing a substantial foundation for operations.
Frequently Asked Questions about Kaleida Health
Is Kaleida Health a legitimate charity?
Kaleida Health (EIN: 161533232) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0B. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Kaleida Health spend its money?
Kaleida Health directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kaleida Health tax-deductible?
Kaleida Health is registered as a tax-exempt nonprofit (EIN: 161533232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kaleida Health CEO make?
Kaleida Health's highest-compensated officer earns $2 annually. The organization reported $2.0B in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kaleida Health's spending goes to programs?
Kaleida Health directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kaleida Health compare to similar nonprofits?
With a transparency score of 70/100 (Good), Kaleida Health 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 Kaleida Health located?
Kaleida Health is headquartered in Buffalo, New York and files with the IRS under EIN 161533232. It is classified under NTEE code E220.
How many years of IRS 990 filings does Kaleida Health have?
Kaleida Health 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 $2.0B in total revenue.
How does Kaleida Health manage its significant liabilities, which have at times exceeded its assets?
In 2020, Kaleida Health reported liabilities of $1,324,141,945 against assets of $1,227,951,462. Understanding the nature of these liabilities (e.g., long-term debt, bonds) and the organization's strategy for managing them is crucial for assessing long-term financial health.
Where is executive compensation reported if 'Officer Comp' is consistently 0%?
For an organization with nearly $2 billion in revenue, the consistent reporting of 0% for officer compensation is atypical. It's important to determine if executive salaries are reported under other expense categories (e.g., salaries and wages) or through related organizations, which would require reviewing the full Form 990 for detailed compensation schedules.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of how expenses are allocated across programs, administration, and fundraising. A full Form 990 would provide this crucial information to assess spending efficiency and mission focus.
Filing History
IRS 990 filing history for Kaleida Health showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kaleida Health's revenue has grown by 50.9%, moving from $1.1B to $1.7B. Total assets increased by 11.2% over the same period, from $1.1B to $1.2B. Total functional expenses rose by 45.9%, from $1.1B to $1.7B. In its most recent filing year (2023), Kaleida Health reported a surplus of $36.9M, with revenue exceeding expenses. The organization holds $1.1B in liabilities against $1.2B in assets (debt-to-asset ratio: 92.9%), resulting in net assets of $84.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7B | $1.7B | $1.2B | $1.1B | — | — |
| 2022 | $1.5B | $1.5B | $1.2B | $1.1B | — | View 990 |
| 2021 | $1.4B | $1.4B | $1.2B | $1.1B | — | View 990 |
| 2020 | $1.3B | $1.4B | $1.2B | $1.3B | — | View 990 |
| 2019 | $1.3B | $1.4B | $1.4B | $1.2B | — | — |
| 2018 | $1.4B | $1.3B | $1.4B | $1.1B | — | View 990 |
| 2017 | $1.3B | $1.3B | $1.4B | $1.1B | — | View 990 |
| 2016 | $1.3B | $1.2B | $1.2B | $1.0B | — | View 990 |
| 2015 | $1.2B | $1.2B | $1.1B | $948.3M | — | View 990 |
| 2014 | $1.2B | $1.1B | $1.2B | $935.5M | — | View 990 |
| 2013 | $1.1B | $1.2B | $1.1B | $857.8M | — | View 990 |
| 2012 | $1.1B | $1.1B | $1.1B | $927.9M | — | View 990 |
| 2011 | $1.1B | $1.1B | $1.1B | $938.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7B, expenses of $1.7B, and assets of $1.2B (revenue +12.4% year-over-year).
- 2022: Revenue of $1.5B, expenses of $1.5B, and assets of $1.2B (revenue +5.6% year-over-year).
- 2021: Revenue of $1.4B, expenses of $1.4B, and assets of $1.2B (revenue +6.9% year-over-year).
- 2020: Revenue of $1.3B, expenses of $1.4B, and assets of $1.2B (revenue -1.3% year-over-year).
- 2019: Revenue of $1.3B, expenses of $1.4B, and assets of $1.4B (revenue -1.2% year-over-year).
- 2018: Revenue of $1.4B, expenses of $1.3B, and assets of $1.4B (revenue +2.5% year-over-year).
- 2017: Revenue of $1.3B, expenses of $1.3B, and assets of $1.4B (revenue +3.5% year-over-year).
- 2016: Revenue of $1.3B, expenses of $1.2B, and assets of $1.2B (revenue +5.4% year-over-year).
- 2015: Revenue of $1.2B, expenses of $1.2B, and assets of $1.1B (revenue +5.2% year-over-year).
- 2014: Revenue of $1.2B, expenses of $1.1B, and assets of $1.2B (revenue +1.8% year-over-year).
- 2013: Revenue of $1.1B, expenses of $1.2B, and assets of $1.1B (revenue +0.1% year-over-year).
- 2012: Revenue of $1.1B, expenses of $1.1B, and assets of $1.1B (revenue +1.7% year-over-year).
- 2011: Revenue of $1.1B, expenses of $1.1B, and assets of $1.1B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kaleida Health:
Data Sources and Methodology
This transparency report for Kaleida Health 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.