Little Falls Hospital

Little Falls Hospital shows consistent revenue growth and positive net income in recent years.

EIN: 150533578 · Little Falls, NY · NTEE: E220 · Updated: 2026-03-28

$60.1MRevenue
$60.1MGross Revenue
$55.5MAssets
85/100Mission Score (Excellent)
E220
Little Falls Hospital Financial Summary
MetricValue
Total Revenue$60.1M
Total Expenses$47.9M
Program Spending85%
CEO/Top Officer Pay$50
Net Assets$40.5M
Transparency Score85/100

Is Little Falls Hospital Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Little Falls Hospital directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Little Falls Hospital

Little Falls Hospital (EIN: 150533578) is a nonprofit organization based in Little Falls, NY, classified under NTEE code E220. The organization reported total revenue of $60.1M and total assets of $55.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Falls Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

89Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

Little Falls Hospital is a major nonprofit that has been operating for 89 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$50.4M
Total Expenses$47.9M
Surplus / Deficit+$2.4M
Total Assets$47.3M
Total Liabilities$6.8M
Net Assets$40.5M
Operating Margin4.8%
Debt-to-Asset Ratio14.3%
Months of Reserves11.8 months

Financial Health Grade: A

In 2023, Little Falls Hospital reported a surplus of $2.4M with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 14.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Little Falls Hospital's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+2.0%+15.5%+9.9%
2022+18.0%+10.0%-13.2%
2021+1.1%-6.9%+23.8%
2020+17.7%+19.6%+20.2%
2019+2.6%-2.4%+9.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1937

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Little Falls Hospital demonstrates a generally stable financial position with consistent revenue growth over the past decade, increasing from $31.4 million in 2014 to over $50 million in 2023. The organization consistently reports positive net income in recent years, such as in 2023 where revenue of $50,351,620 exceeded expenses of $47,949,972, indicating sound financial management. Their asset base has also shown healthy growth, reaching $47.2 million in 2023. The hospital's NTEE code E220 (General Hospitals) suggests a primary focus on direct healthcare services, which aligns with typical program spending for such institutions. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of reported officer compensation across all filings is a notable aspect of their transparency. This could indicate that executive compensation is either very low, covered by a parent organization, or not reported in a way that is immediately visible as 'officer compensation' in these summaries. Further investigation into their full 990 forms would be necessary to fully understand their spending efficiency ratios and the specifics of their executive remuneration structure. Overall, the hospital appears to be financially healthy and growing, with a clear mission in healthcare delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Little Falls Hospital 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, Little Falls Hospital 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:

$50.4MTotal Revenue
$47.9MTotal Expenses
$47.3MTotal Assets
$6.8MTotal Liabilities
$40.5MNet Assets
  • The organization reported a surplus of $2.4M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 14.3%.

Executive Compensation Analysis

The provided data consistently shows 0% for Officer Compensation across all reported periods, which is unusual for an organization of this size with over $50 million in annual revenue. This suggests executive compensation may be reported differently, covered by a larger system, or is genuinely very low, warranting further investigation into the full 990 forms.

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 Little Falls Hospital's IRS 990 filings:

  • Unusually low or zero reported officer compensation across all filings, which may obscure actual executive pay structures.

Strengths

The following positive indicators were identified for Little Falls Hospital:

  • Consistent revenue growth over the past decade, from $31.4 million in 2014 to $50.3 million in 2023.
  • Positive net income in recent years, with revenue exceeding expenses (e.g., $50.3M revenue vs. $47.9M expenses in 2023).
  • Healthy growth in assets, reaching $47.2 million in 2023.
  • Clear mission as a general hospital (NTEE E220) indicating direct community service.

Frequently Asked Questions about Little Falls Hospital

Is Little Falls Hospital a legitimate charity?

Little Falls Hospital (EIN: 150533578) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $60.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Little Falls Hospital spend its money?

Little Falls Hospital directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Little Falls Hospital tax-deductible?

Little Falls Hospital is registered as a tax-exempt nonprofit (EIN: 150533578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Little Falls Hospital CEO make?

Little Falls Hospital's highest-compensated officer earns $50 annually. The organization reported $60.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Little Falls Hospital's spending goes to programs?

Little Falls Hospital directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Little Falls Hospital compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Little Falls Hospital 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 Little Falls Hospital located?

Little Falls Hospital is headquartered in Little Falls, New York and files with the IRS under EIN 150533578. It is classified under NTEE code E220.

How many years of IRS 990 filings does Little Falls Hospital have?

Little Falls Hospital 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 $60.1M in total revenue.

Is Little Falls Hospital financially stable?

Yes, Little Falls Hospital appears financially stable, demonstrating consistent revenue growth from $31.4 million in 2014 to $50.3 million in 2023, and consistently reporting positive net income in recent years, such as $2.4 million in 2023.

What is the trend in Little Falls Hospital's assets?

Little Falls Hospital's assets have generally grown, increasing from $35.8 million in 2014 to $47.2 million in 2023, indicating a healthy accumulation of resources.

How does Little Falls Hospital manage its liabilities?

Liabilities have fluctuated but generally remained manageable relative to assets, ranging from $6.7 million in 2023 to a high of $19.4 million in 2021, suggesting a capacity to meet its financial obligations.

Filing History

IRS 990 filing history for Little Falls Hospital showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Little Falls Hospital's revenue has grown by 79.7%, moving from $28.0M to $50.4M. Total assets increased by 53.1% over the same period, from $30.9M to $47.3M. Total functional expenses rose by 77.8%, from $27.0M to $47.9M. In its most recent filing year (2023), Little Falls Hospital reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $6.8M in liabilities against $47.3M in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $40.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $50.4M $47.9M $47.3M $6.8M
2022 $49.3M $41.5M $43.0M $6.5M View 990
2021 $41.8M $37.7M $49.6M $19.5M View 990
2020 $41.4M $40.5M $40.0M $15.3M View 990
2019 $35.1M $33.9M $33.3M $9.8M View 990
2018 $34.3M $34.7M $30.4M $9.3M View 990
2017 $32.0M $32.6M $31.8M $9.5M View 990
2016 $31.3M $32.2M $32.6M $10.8M View 990
2015 $31.2M $32.2M $33.6M $11.7M View 990
2014 $31.4M $31.2M $35.9M $12.6M View 990
2013 $30.7M $30.1M $34.6M $11.5M View 990
2012 $28.8M $28.4M $34.8M $15.2M View 990
2011 $28.0M $27.0M $30.9M $13.1M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $50.4M, expenses of $47.9M, and assets of $47.3M (revenue +2.0% year-over-year).
  • 2022: Revenue of $49.3M, expenses of $41.5M, and assets of $43.0M (revenue +18.0% year-over-year).
  • 2021: Revenue of $41.8M, expenses of $37.7M, and assets of $49.6M (revenue +1.1% year-over-year).
  • 2020: Revenue of $41.4M, expenses of $40.5M, and assets of $40.0M (revenue +17.7% year-over-year).
  • 2019: Revenue of $35.1M, expenses of $33.9M, and assets of $33.3M (revenue +2.6% year-over-year).
  • 2018: Revenue of $34.3M, expenses of $34.7M, and assets of $30.4M (revenue +7.0% year-over-year).
  • 2017: Revenue of $32.0M, expenses of $32.6M, and assets of $31.8M (revenue +2.2% year-over-year).
  • 2016: Revenue of $31.3M, expenses of $32.2M, and assets of $32.6M (revenue +0.4% year-over-year).
  • 2015: Revenue of $31.2M, expenses of $32.2M, and assets of $33.6M (revenue -0.6% year-over-year).
  • 2014: Revenue of $31.4M, expenses of $31.2M, and assets of $35.9M (revenue +2.4% year-over-year).
  • 2013: Revenue of $30.7M, expenses of $30.1M, and assets of $34.6M (revenue +6.6% year-over-year).
  • 2012: Revenue of $28.8M, expenses of $28.4M, and assets of $34.8M (revenue +2.7% year-over-year).
  • 2011: Revenue of $28.0M, expenses of $27.0M, and assets of $30.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Little Falls Hospital:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Little Falls 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.

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