Mount Saint Mary College
Mount Saint Mary College maintains operational balance with declining assets and no reported officer compensation.
EIN: 141468399 · Newburgh, NY · NTEE: B430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $103.1M |
| Total Expenses | $80.8M |
| Program Spending | 85% |
| Net Assets | $131.2M |
| Transparency Score | 85/100 |
Is Mount Saint Mary College Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Saint Mary College directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Saint Mary College
Mount Saint Mary College (EIN: 141468399) is a nonprofit organization based in Newburgh, NY, classified under NTEE code B430. The organization reported total revenue of $103.1M and total assets of $175.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Saint Mary College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Saint Mary College is a major nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80.8M |
| Total Expenses | $80.8M |
| Surplus / Deficit | +$23K |
| Total Assets | $182.0M |
| Total Liabilities | $50.8M |
| Net Assets | $131.2M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 27.9% |
| Months of Reserves | 27.0 months |
Financial Health Grade: A
In 2023, Mount Saint Mary College reported a surplus of $23K with revenue exceeding expenses, holds 27.0 months of operating reserves (strong position), has a debt-to-asset ratio of 27.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Mount Saint Mary College's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.2% | +7.0% | -5.5% |
| 2022 | -20.4% | -6.6% | -11.8% |
| 2021 | +7.3% | -2.9% | +6.0% |
| 2020 | +0.1% | +1.5% | -3.9% |
| 2019 | +0.0% | +2.7% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Mount Saint Mary College 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, Mount Saint Mary College 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 $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.9%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available IRS 990 filings is highly unusual for an organization of this size and revenue, suggesting either a unique compensation structure where officers are not paid, or their compensation is reported under different categories not captured by the 'Officer Comp' line item.
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 Mount Saint Mary College's IRS 990 filings:
- Significant decline in total assets over recent years (from $218M in 2021 to $182M in 2023).
- Consistent reporting of 0% officer compensation, which is atypical for an organization of this scale and requires further explanation regarding executive remuneration.
Strengths
The following positive indicators were identified for Mount Saint Mary College:
- Operational expenses generally covered by revenue, indicating sound financial management (e.g., 2023: Revenue $80.8M, Expenses $80.8M).
- Positive trend in reducing liabilities over the past decade (from $72M in 2014 to $50M in 2023).
- Stable revenue generation, consistently above $70 million for the past decade.
Frequently Asked Questions about Mount Saint Mary College
Is Mount Saint Mary College a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Saint Mary College (EIN: 141468399) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Mount Saint Mary College spend its money?
Mount Saint Mary College directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Saint Mary College tax-deductible?
Mount Saint Mary College is registered as a tax-exempt nonprofit (EIN: 141468399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mount Saint Mary College's spending goes to programs?
Mount Saint Mary College directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mount Saint Mary College compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mount Saint Mary College is above average for NTEE category B430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mount Saint Mary College located?
Mount Saint Mary College is headquartered in Newburgh, New York and files with the IRS under EIN 141468399. It is classified under NTEE code B430.
How many years of IRS 990 filings does Mount Saint Mary College have?
Mount Saint Mary 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 $103.1M in total revenue.
Why have total assets declined from $218 million in 2021 to $182 million in 2023?
The IRS 990 data shows a decrease in total assets from $218,302,494 in 2021 to $181,995,919 in 2023. This trend warrants further investigation into asset management, depreciation, or divestment strategies.
How is executive compensation handled if 'Officer Comp' is consistently reported as 0%?
The consistent 0% reported for officer compensation across all filings is highly unusual for an institution with revenues exceeding $80 million. This suggests that executive compensation might be reported under other expense categories or that the college's leadership structure does not involve paid officers in the traditional sense, which would require clarification.
What is the long-term strategy for managing liabilities, which have decreased from $72 million in 2014 to $50 million in 2023?
Liabilities have shown a positive downward trend, from $72,189,306 in 2014 to $50,750,852 in 2023. Understanding the strategies behind this reduction, such as debt repayment or restructuring, would provide insight into financial stability.
Filing History
IRS 990 filing history for Mount Saint Mary College showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mount Saint Mary College's revenue has grown by 11.1%, moving from $72.8M to $80.8M. Total assets decreased by 0.5% over the same period, from $183.0M to $182.0M. Total functional expenses rose by 18.5%, from $68.2M to $80.8M. In its most recent filing year (2023), Mount Saint Mary College reported a surplus of $23K, with revenue exceeding expenses. The organization holds $50.8M in liabilities against $182.0M in assets (debt-to-asset ratio: 27.9%), resulting in net assets of $131.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80.8M | $80.8M | $182.0M | $50.8M | — | — |
| 2022 | $69.5M | $75.5M | $192.6M | $54.0M | — | View 990 |
| 2021 | $87.4M | $80.8M | $218.3M | $59.1M | — | View 990 |
| 2020 | $81.4M | $83.3M | $205.9M | $64.0M | — | View 990 |
| 2019 | $81.4M | $82.0M | $214.2M | $65.9M | — | View 990 |
| 2018 | $81.3M | $79.8M | $215.1M | $66.8M | — | View 990 |
| 2017 | $79.3M | $78.8M | $207.8M | $66.3M | — | View 990 |
| 2016 | $76.8M | $76.7M | $203.2M | $69.3M | — | View 990 |
| 2015 | $72.8M | $73.1M | $208.6M | $70.1M | — | View 990 |
| 2014 | $71.3M | $71.6M | $212.8M | $72.2M | — | View 990 |
| 2013 | $75.3M | $70.0M | $211.0M | $77.3M | — | View 990 |
| 2012 | $72.8M | $68.2M | $183.0M | $58.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80.8M, expenses of $80.8M, and assets of $182.0M (revenue +16.2% year-over-year).
- 2022: Revenue of $69.5M, expenses of $75.5M, and assets of $192.6M (revenue -20.4% year-over-year).
- 2021: Revenue of $87.4M, expenses of $80.8M, and assets of $218.3M (revenue +7.3% year-over-year).
- 2020: Revenue of $81.4M, expenses of $83.3M, and assets of $205.9M (revenue +0.1% year-over-year).
- 2019: Revenue of $81.4M, expenses of $82.0M, and assets of $214.2M (revenue +0.0% year-over-year).
- 2018: Revenue of $81.3M, expenses of $79.8M, and assets of $215.1M (revenue +2.5% year-over-year).
- 2017: Revenue of $79.3M, expenses of $78.8M, and assets of $207.8M (revenue +3.3% year-over-year).
- 2016: Revenue of $76.8M, expenses of $76.7M, and assets of $203.2M (revenue +5.5% year-over-year).
- 2015: Revenue of $72.8M, expenses of $73.1M, and assets of $208.6M (revenue +2.1% year-over-year).
- 2014: Revenue of $71.3M, expenses of $71.6M, and assets of $212.8M (revenue -5.2% year-over-year).
- 2013: Revenue of $75.3M, expenses of $70.0M, and assets of $211.0M (revenue +3.5% year-over-year).
- 2012: Revenue of $72.8M, expenses of $68.2M, and assets of $183.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Saint Mary College:
Data Sources and Methodology
This transparency report for Mount Saint Mary 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.