Mjhs Hospice And Palliative Care Inc
Mjhs Hospice And Palliative Care Inc consistently operates near break-even with declining assets and no reported officer compensation.
EIN: 133438643 · New York, NY · NTEE: P74 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $100.6M |
| Total Expenses | $97.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $90 |
| Net Assets | $693K |
| Transparency Score | 75/100 |
Is Mjhs Hospice And Palliative Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mjhs Hospice And Palliative Care Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mjhs Hospice And Palliative Care Inc
Mjhs Hospice And Palliative Care Inc (EIN: 133438643) is a nonprofit organization based in New York, NY, classified under NTEE code P74. The organization reported total revenue of $100.6M and total assets of $20.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mjhs Hospice And Palliative Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mjhs Hospice And Palliative Care Inc is a major nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95.7M |
| Total Expenses | $97.8M |
| Surplus / Deficit | $-2,137,954 |
| Total Assets | $17.4M |
| Total Liabilities | $16.7M |
| Net Assets | $693K |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 96.0% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2023, Mjhs Hospice And Palliative Care Inc reported a deficit of $2.1M with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 96.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mjhs Hospice And Palliative Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +1.6% | -2.9% |
| 2022 | -3.8% | +7.3% | -20.7% |
| 2021 | +9.8% | +2.7% | -38.2% |
| 2020 | +12.9% | +3.9% | +55.7% |
| 2019 | -6.7% | -1.8% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Mjhs Hospice And Palliative Care 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mjhs Hospice And Palliative Care Inc 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 deficit of $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 96.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available IRS 990 filings, which is highly unusual for an organization with over $90 million in annual revenue. This suggests that executive compensation may be paid by a related entity or structured in a way not reported as direct officer compensation on the 990, warranting further investigation for complete 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 Mjhs Hospice And Palliative Care Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $2.1M in 2023, $4.8M in 2022) could erode reserves.
- Declining asset base over the last decade (from $38.7M in 2014 to $17.3M in 2023) may impact long-term sustainability.
- 0% officer compensation reported across all filings is highly unusual for an organization of this size and warrants further investigation into executive compensation practices.
Strengths
The following positive indicators were identified for Mjhs Hospice And Palliative Care Inc:
- Consistent filing of IRS 990s over 13 periods demonstrates regulatory compliance and transparency.
- Revenues generally align closely with expenses, suggesting efficient deployment of funds towards its mission.
- Large revenue base (over $90M annually in recent years) indicates significant operational scale and impact.
Frequently Asked Questions about Mjhs Hospice And Palliative Care Inc
Is Mjhs Hospice And Palliative Care Inc a legitimate charity?
Mjhs Hospice And Palliative Care Inc (EIN: 133438643) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $100.6M. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does Mjhs Hospice And Palliative Care Inc spend its money?
Mjhs Hospice And Palliative Care Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mjhs Hospice And Palliative Care Inc tax-deductible?
Mjhs Hospice And Palliative Care Inc is registered as a tax-exempt nonprofit (EIN: 133438643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mjhs Hospice And Palliative Care Inc CEO make?
Mjhs Hospice And Palliative Care Inc's highest-compensated officer earns $90 annually. The organization reported $100.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mjhs Hospice And Palliative Care Inc's spending goes to programs?
Mjhs Hospice And Palliative Care Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mjhs Hospice And Palliative Care Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mjhs Hospice And Palliative Care Inc is above average for NTEE category P74 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mjhs Hospice And Palliative Care Inc located?
Mjhs Hospice And Palliative Care Inc is headquartered in New York, New York and files with the IRS under EIN 133438643. It is classified under NTEE code P74.
How many years of IRS 990 filings does Mjhs Hospice And Palliative Care Inc have?
Mjhs Hospice And Palliative Care 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 $100.6M in total revenue.
Is Mjhs Hospice And Palliative Care Inc a good charity?
Mjhs Hospice And Palliative Care Inc appears to be a dedicated service provider, operating with revenues closely matching expenses, indicating that funds are largely directed towards its mission. The consistent 0% officer compensation reported is a unique aspect that could be viewed positively for resource allocation, but also raises questions about the full compensation picture for leadership. Its financial stability is moderate, with declining assets over the past decade, which could impact long-term capacity.
How does Mjhs Hospice And Palliative Care Inc manage executive compensation?
The IRS 990 filings for Mjhs Hospice And Palliative Care Inc consistently report 0% officer compensation. This is highly unusual for an organization of its size and revenue, suggesting that executive compensation might be handled through an affiliated entity or a different reporting mechanism not captured in the 'officer compensation' section of the 990. Further inquiry would be needed to understand the full compensation structure for its leadership.
What is the trend in Mjhs Hospice And Palliative Care Inc's financial health?
Mjhs Hospice And Palliative Care Inc has generally operated with revenues closely matching or slightly exceeding expenses, indicating a focus on direct service delivery. However, its assets have shown a declining trend over the past decade, from $38.7M in 2014 to $17.3M in 2023, which could be a concern for long-term financial resilience and growth.
Filing History
IRS 990 filing history for Mjhs Hospice And Palliative Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mjhs Hospice And Palliative Care Inc's revenue has grown by 124.5%, moving from $42.6M to $95.7M. Total assets increased by 49.7% over the same period, from $11.6M to $17.4M. Total functional expenses rose by 110.6%, from $46.5M to $97.8M. In its most recent filing year (2023), Mjhs Hospice And Palliative Care Inc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $16.7M in liabilities against $17.4M in assets (debt-to-asset ratio: 96.0%), resulting in net assets of $693K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95.7M | $97.8M | $17.4M | $16.7M | — | — |
| 2022 | $91.5M | $96.3M | $17.9M | $15.3M | — | View 990 |
| 2021 | $95.1M | $89.8M | $22.6M | $14.8M | — | View 990 |
| 2020 | $86.7M | $87.4M | $36.6M | $34.3M | — | View 990 |
| 2019 | $76.8M | $84.1M | $23.5M | $20.6M | — | View 990 |
| 2018 | $82.3M | $85.7M | $24.4M | $14.4M | — | View 990 |
| 2017 | $92.5M | $94.9M | $29.0M | $15.3M | — | View 990 |
| 2016 | $99.2M | $99.3M | $31.8M | $15.9M | — | View 990 |
| 2015 | $98.6M | $100.5M | $34.7M | $18.7M | — | View 990 |
| 2014 | $107.3M | $92.0M | $38.8M | $20.8M | — | View 990 |
| 2013 | $80.2M | $77.5M | $24.6M | $22.0M | — | View 990 |
| 2012 | $61.4M | $59.9M | $16.9M | $20.1M | — | View 990 |
| 2011 | $42.6M | $46.5M | $11.6M | $16.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95.7M, expenses of $97.8M, and assets of $17.4M (revenue +4.6% year-over-year).
- 2022: Revenue of $91.5M, expenses of $96.3M, and assets of $17.9M (revenue -3.8% year-over-year).
- 2021: Revenue of $95.1M, expenses of $89.8M, and assets of $22.6M (revenue +9.8% year-over-year).
- 2020: Revenue of $86.7M, expenses of $87.4M, and assets of $36.6M (revenue +12.9% year-over-year).
- 2019: Revenue of $76.8M, expenses of $84.1M, and assets of $23.5M (revenue -6.7% year-over-year).
- 2018: Revenue of $82.3M, expenses of $85.7M, and assets of $24.4M (revenue -11.0% year-over-year).
- 2017: Revenue of $92.5M, expenses of $94.9M, and assets of $29.0M (revenue -6.8% year-over-year).
- 2016: Revenue of $99.2M, expenses of $99.3M, and assets of $31.8M (revenue +0.6% year-over-year).
- 2015: Revenue of $98.6M, expenses of $100.5M, and assets of $34.7M (revenue -8.1% year-over-year).
- 2014: Revenue of $107.3M, expenses of $92.0M, and assets of $38.8M (revenue +33.7% year-over-year).
- 2013: Revenue of $80.2M, expenses of $77.5M, and assets of $24.6M (revenue +30.7% year-over-year).
- 2012: Revenue of $61.4M, expenses of $59.9M, and assets of $16.9M (revenue +44.0% year-over-year).
- 2011: Revenue of $42.6M, expenses of $46.5M, and assets of $11.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mjhs Hospice And Palliative Care Inc:
Data Sources and Methodology
This transparency report for Mjhs Hospice And Palliative Care 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.