Medaille College
Medaille College faces persistent deficits and declining assets over the past decade.
EIN: 160805158 · Buffalo, NY · NTEE: B420 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $64.3M |
| Total Expenses | $60.8M |
| Program Spending | 80% |
| Net Assets | $12.6M |
| Transparency Score | 45/100 |
Is Medaille College Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medaille College directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medaille College
Medaille College (EIN: 160805158) is a nonprofit organization based in Buffalo, NY, classified under NTEE code B420. The organization reported total revenue of $64.3M and total assets of $40.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medaille College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medaille College is a major nonprofit that has been operating for 56 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $59.8M |
| Total Expenses | $60.8M |
| Surplus / Deficit | $-947,854 |
| Total Assets | $40.5M |
| Total Liabilities | $27.9M |
| Net Assets | $12.6M |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 69.0% |
| Months of Reserves | 8.0 months |
Financial Health Grade: C
In 2022, Medaille College reported a deficit of $948K with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 69.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Medaille College's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +7.2% | +7.7% | -4.9% |
| 2021 | -4.2% | -6.9% | -1.7% |
| 2020 | -1.9% | +0.6% | -6.2% |
| 2019 | +2.6% | +4.3% | -1.0% |
| 2018 | +8.1% | +5.0% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1970 |
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 Medaille College with a Mission Score of 45 out of 100 (Fair). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Medaille College allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $948K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.0%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an institution of Medaille College's size and revenue, suggesting that executive compensation may be reported under different categories or not disclosed in the summary data provided.
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 Medaille College's IRS 990 filings:
- Consistent operational deficits for over a decade (e.g., 2022: $59,842,305 revenue vs. $60,790,159 expenses).
- Significant decline in total assets over time (from $78,961,523 in 2013 to $40,462,047 in 2022).
- Unusual reporting of 0% officer compensation across all filings, potentially indicating a lack of transparency in executive pay disclosure.
Strengths
The following positive indicators were identified for Medaille College:
- Consistent filing of IRS 990 forms, indicating adherence to reporting requirements.
- Focus on higher education (NTEE B420) suggests a clear programmatic mission.
Frequently Asked Questions about Medaille College
Is Medaille College a legitimate charity?
Medaille College (EIN: 160805158) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $64.3M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Medaille College spend its money?
Medaille College directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Medaille College tax-deductible?
Medaille College is registered as a tax-exempt nonprofit (EIN: 160805158). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Medaille College's spending goes to programs?
Medaille College directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Medaille College compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Medaille College is near average for NTEE category B420 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Medaille College located?
Medaille College is headquartered in Buffalo, New York and files with the IRS under EIN 160805158. It is classified under NTEE code B420.
How many years of IRS 990 filings does Medaille College have?
Medaille College has 12 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 $64.3M in total revenue.
Is Medaille College financially sustainable given its consistent deficits?
Medaille College has consistently reported expenses exceeding revenue for the past decade, leading to a significant decline in assets from $78,961,523 in 2013 to $40,462,047 in 2022. This pattern raises serious concerns about its long-term financial sustainability.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this scale and suggests that executive compensation might be categorized differently or not fully disclosed in the provided summary data, warranting further investigation into their compensation practices.
What is the plan to address the declining asset base?
The organization's assets have nearly halved over the past decade, from $78,961,523 in 2013 to $40,462,047 in 2022. Without detailed financial statements, it's unclear what strategies, if any, are being implemented to halt or reverse this trend.
Filing History
IRS 990 filing history for Medaille College showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Medaille College's revenue has grown by 7.9%, moving from $55.5M to $59.8M. Total assets decreased by 35.6% over the same period, from $62.8M to $40.5M. Total functional expenses rose by 15.4%, from $52.7M to $60.8M. In its most recent filing year (2022), Medaille College reported a deficit of $948K, with expenses exceeding revenue. The organization holds $27.9M in liabilities against $40.5M in assets (debt-to-asset ratio: 69.0%), resulting in net assets of $12.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $59.8M | $60.8M | $40.5M | $27.9M | — | View 990 |
| 2021 | $55.8M | $56.4M | $42.5M | $28.4M | — | — |
| 2020 | $58.3M | $60.6M | $43.3M | $28.7M | — | View 990 |
| 2019 | $59.4M | $60.2M | $46.1M | $29.3M | — | View 990 |
| 2018 | $57.9M | $57.7M | $46.6M | $29.2M | — | View 990 |
| 2017 | $53.6M | $55.0M | $47.5M | $30.0M | — | View 990 |
| 2016 | $51.9M | $54.0M | $49.9M | $31.1M | — | View 990 |
| 2015 | $52.9M | $53.8M | $53.7M | $32.8M | — | View 990 |
| 2014 | $53.9M | $56.5M | $56.1M | $34.2M | — | View 990 |
| 2013 | $54.3M | $57.0M | $79.0M | $53.7M | — | View 990 |
| 2012 | $56.0M | $54.3M | $64.5M | $36.5M | — | View 990 |
| 2011 | $55.5M | $52.7M | $62.8M | $36.4M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $59.8M, expenses of $60.8M, and assets of $40.5M (revenue +7.2% year-over-year).
- 2021: Revenue of $55.8M, expenses of $56.4M, and assets of $42.5M (revenue -4.2% year-over-year).
- 2020: Revenue of $58.3M, expenses of $60.6M, and assets of $43.3M (revenue -1.9% year-over-year).
- 2019: Revenue of $59.4M, expenses of $60.2M, and assets of $46.1M (revenue +2.6% year-over-year).
- 2018: Revenue of $57.9M, expenses of $57.7M, and assets of $46.6M (revenue +8.1% year-over-year).
- 2017: Revenue of $53.6M, expenses of $55.0M, and assets of $47.5M (revenue +3.2% year-over-year).
- 2016: Revenue of $51.9M, expenses of $54.0M, and assets of $49.9M (revenue -1.9% year-over-year).
- 2015: Revenue of $52.9M, expenses of $53.8M, and assets of $53.7M (revenue -1.8% year-over-year).
- 2014: Revenue of $53.9M, expenses of $56.5M, and assets of $56.1M (revenue -0.7% year-over-year).
- 2013: Revenue of $54.3M, expenses of $57.0M, and assets of $79.0M (revenue -3.0% year-over-year).
- 2012: Revenue of $56.0M, expenses of $54.3M, and assets of $64.5M (revenue +0.9% year-over-year).
- 2011: Revenue of $55.5M, expenses of $52.7M, and assets of $62.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medaille College:
Data Sources and Methodology
This transparency report for Medaille College 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.