Middlesex Health System Inc
Middlesex Health System Inc: Strong Revenue, Consistent Asset Base
EIN: 222676137 · Middletown, CT · NTEE: E21Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $995K |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| Net Assets | $15K |
| Transparency Score | 85/100 |
Is Middlesex Health System Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Middlesex Health System Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Middlesex Health System Inc
Middlesex Health System Inc (EIN: 222676137) is a nonprofit organization based in Middletown, CT, classified under NTEE code E21Z. The organization reported total revenue of $995K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Middlesex Health System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Middlesex Health System Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $994K |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-638,991 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -64.3% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Middlesex Health System Inc reported a deficit of $639K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Middlesex Health System Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +2.2% | +0.0% |
| 2022 | -14.5% | -9.3% | +0.0% |
| 2021 | +4.9% | +3.2% | +0.0% |
| 2020 | +2.2% | +1.9% | +0.0% |
| 2019 | -0.4% | +0.4% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Middlesex Health System Inc 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: 80%
- fundraising: 10%
According to IRS 990 filings, Middlesex Health System Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $639K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified regarding excessive pay or undisclosed benefits based on available data.
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.
Strengths
The following positive indicators were identified for Middlesex Health System Inc:
- Consistent and strong revenue generation, with 2023 revenue at $994,467.
- Stable asset base over several years, consistently reported at $14,592.
- No reported lobbying expenses ('l0') across multiple years, indicating a focus on core mission.
- No reported compensation from unrelated organizations for key personnel ('c0%').
Frequently Asked Questions about Middlesex Health System Inc
Is Middlesex Health System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Middlesex Health System Inc (EIN: 222676137) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Middlesex Health System Inc spend its money?
Middlesex Health System Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Middlesex Health System Inc tax-deductible?
Middlesex Health System Inc is registered as a tax-exempt nonprofit (EIN: 222676137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Middlesex Health System Inc's spending goes to programs?
Middlesex Health System Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Middlesex Health System Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Middlesex Health System Inc is above average for NTEE category E21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Middlesex Health System Inc located?
Middlesex Health System Inc is headquartered in Middletown, Connecticut and files with the IRS under EIN 222676137. It is classified under NTEE code E21Z.
How many years of IRS 990 filings does Middlesex Health System Inc have?
Middlesex Health System Inc 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 $995K in total revenue.
What does Middlesex Health System Inc do?
Middlesex Health System Inc is a nonprofit organization in the Health Care sector, located in Middletown, Connecticut. It is classified under NTEE code E21Z.
How much revenue does Middlesex Health System Inc have?
Middlesex Health System Inc reported total revenue of $995,357. Based on 13 IRS 990 filings on record.
What are Middlesex Health System Inc's total assets?
Middlesex Health System Inc holds total assets of $14,592 as reported in IRS 990 filings.
Where is Middlesex Health System Inc located?
Middlesex Health System Inc is based in Middletown, Connecticut.
What is Middlesex Health System Inc's EIN?
Middlesex Health System Inc's Employer Identification Number (EIN) is 222676137. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Middlesex Health System Inc?
Middlesex Health System Inc is classified under NTEE code E21Z (Health Care).
Is Middlesex Health System Inc a registered 501(c)(3)?
Yes, Middlesex Health System Inc is recognized as a tax-exempt organization by the IRS. EIN: 222676137.
Does Middlesex Health System Inc file IRS Form 990?
Yes, Middlesex Health System Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Middlesex Health System Inc's revenue in 2023?
In the 202309 filing period, Middlesex Health System Inc reported total revenue of $994,467, total expenses of $1,633,458, and net assets of $14,592.
Is Middlesex Health System Inc's revenue growing or declining?
Middlesex Health System Inc's revenue is relatively stable. Revenue went from $972,284 (202209) to $994,467 (202309), a +2.3% change. Based on 13 filings on record.
What is Middlesex Health System Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Middlesex Health System Inc covers tax period 202309. It shows revenue of $994,467, expenses of $1,633,458, total assets of $14,592, and liabilities of N/A.
How much does Middlesex Health System Inc spend on programs vs administration?
Based on IRS 990 analysis, Middlesex Health System Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Middlesex Health System Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Middlesex Health System Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Middlesex Health System Inc's strengths?
Positive indicators for Middlesex Health System Inc include: Consistent and strong revenue generation, with 2023 revenue at $994,467.. Stable asset base over several years, consistently reported at $14,592.. No reported lobbying expenses ('l0') across multiple years, indicating a focus on core mission.. No reported compensation from unrelated organizations for key personnel ('c0%').. These findings are derived from AI analysis of the organization's financial filings.
How does Middlesex Health System Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified regarding excessive pay or undisclosed benefits based on available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Middlesex Health System Inc. manage to maintain such a stable asset base of $14,592 over many years despite fluctuating revenues?
The consistent asset figure of $14,592 across multiple years suggests this might represent a specific type of fixed asset or a reporting convention for a particular category, rather than the total fluctuating assets of a health system. Further investigation into their balance sheet details would be needed to understand this consistency.
Given the 'r' values represent revenue and 'x' values represent expenses, what is the trend in their net income (revenue - expenses) over the past five years?
Calculating net income (r-x) for the past five years: 2023: $994,467 - $1,633,458 = -$638,991; 2022: $972,284 - $1,598,408 = -$626,124; 2021: $1,137,148 - $1,761,924 = -$624,776; 2020: $1,083,608 - $1,707,419 = -$623,811; 2019: $1,060,389 - $1,674,981 = -$614,592. The organization has consistently reported a net deficit, averaging around -$625,000 annually over this period.
Filing History
IRS 990 filing history for Middlesex Health System Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Middlesex Health System Inc's revenue has grown by 13.8%, moving from $874K to $994K. Total assets increased by 0% over the same period, from $15K to $15K. Total functional expenses rose by 86.9%, from $874K to $1.6M. In its most recent filing year (2023), Middlesex Health System Inc reported a deficit of $639K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $994K | $1.6M | $15K | $0 | — | — |
| 2022 | $972K | $1.6M | $15K | $0 | — | View 990 |
| 2021 | $1.1M | $1.8M | $15K | $0 | — | View 990 |
| 2020 | $1.1M | $1.7M | $15K | $0 | — | — |
| 2019 | $1.1M | $1.7M | $15K | $0 | — | View 990 |
| 2018 | $1.1M | $1.7M | $15K | $0 | — | View 990 |
| 2017 | $1.0M | $1.6M | $15K | $0 | — | View 990 |
| 2016 | $1.0M | $1.5M | $15K | $0 | — | View 990 |
| 2015 | $1.1M | $1.1M | $15K | $0 | — | View 990 |
| 2014 | $1.1M | $1.1M | $15K | $0 | — | View 990 |
| 2013 | $976K | $976K | $15K | $0 | — | View 990 |
| 2012 | $892K | $892K | $15K | $0 | — | View 990 |
| 2011 | $874K | $874K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $994K, expenses of $1.6M, and assets of $15K (revenue +2.3% year-over-year).
- 2022: Revenue of $972K, expenses of $1.6M, and assets of $15K (revenue -14.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.8M, and assets of $15K (revenue +4.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.7M, and assets of $15K (revenue +2.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.7M, and assets of $15K (revenue -0.4% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.7M, and assets of $15K (revenue +2.9% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.6M, and assets of $15K (revenue +3.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.5M, and assets of $15K (revenue -12.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $15K (revenue +3.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $15K (revenue +13.5% year-over-year).
- 2013: Revenue of $976K, expenses of $976K, and assets of $15K (revenue +9.4% year-over-year).
- 2012: Revenue of $892K, expenses of $892K, and assets of $15K (revenue +2.1% year-over-year).
- 2011: Revenue of $874K, expenses of $874K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Middlesex Health System Inc:
Data Sources and Methodology
This transparency report for Middlesex Health System 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.