Mount St Marys Hospital Of Niagara Falls
Mount St Marys Hospital shows strong revenue growth and positive operating margins in recent years, with no reported officer compensation.
EIN: 161523353 · Buffalo, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $160.3M |
| Total Expenses | $131.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $160,280,004 |
| Net Assets | $15.6M |
| Transparency Score | 85/100 |
Is Mount St Marys Hospital Of Niagara Falls Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount St Marys Hospital Of Niagara Falls directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount St Marys Hospital Of Niagara Falls
Mount St Marys Hospital Of Niagara Falls (EIN: 161523353) is a nonprofit organization based in Buffalo, NY, classified under NTEE code E220. The organization reported total revenue of $160.3M and total assets of $161.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount St Marys Hospital Of Niagara Falls's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount St Marys Hospital Of Niagara Falls is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149.6M |
| Total Expenses | $131.5M |
| Surplus / Deficit | +$18.1M |
| Total Assets | $139.5M |
| Total Liabilities | $123.9M |
| Net Assets | $15.6M |
| Operating Margin | 12.1% |
| Debt-to-Asset Ratio | 88.8% |
| Months of Reserves | 12.7 months |
Financial Health Grade: A
In 2023, Mount St Marys Hospital Of Niagara Falls reported a surplus of $18.1M with revenue exceeding expenses, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 88.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mount St Marys Hospital Of Niagara Falls's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.5% | +2.4% | +12.7% |
| 2022 | -9.9% | +7.2% | +44.3% |
| 2021 | +13.5% | +15.0% | +25.7% |
| 2020 | +6.6% | -2.7% | +9.6% |
| 2019 | -1.2% | +6.3% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| 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 St Marys Hospital Of Niagara Falls 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Mount St Marys Hospital Of Niagara Falls allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $18.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 88.8%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size (latest revenue $160,280,004) and suggests that executive compensation is either reported under different expense categories, is exceptionally low, or is not directly paid by the organization in a manner that triggers reporting in this specific 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 St Marys Hospital Of Niagara Falls's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and may obscure actual executive pay.
- Periods of expenses exceeding revenue, such as in 2022 ($128M expenses vs $107M revenue), indicating potential operational challenges in some years.
Strengths
The following positive indicators were identified for Mount St Marys Hospital Of Niagara Falls:
- Strong revenue growth, with latest revenue at $160,280,004 and a significant increase from previous years.
- Positive operating surplus in the most recent filing (2023 revenue $149M vs expenses $131M).
- Substantial and consistent growth in assets, reaching $139,539,911 in 2023, indicating strong financial health.
- As a hospital (NTEE E220), the vast majority of spending is inherently program-related, directly serving its mission.
Frequently Asked Questions about Mount St Marys Hospital Of Niagara Falls
Is Mount St Marys Hospital Of Niagara Falls a legitimate charity?
Mount St Marys Hospital Of Niagara Falls (EIN: 161523353) 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: $160.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Mount St Marys Hospital Of Niagara Falls spend its money?
Mount St Marys Hospital Of Niagara Falls directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Mount St Marys Hospital Of Niagara Falls tax-deductible?
Mount St Marys Hospital Of Niagara Falls is registered as a tax-exempt nonprofit (EIN: 161523353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mount St Marys Hospital Of Niagara Falls CEO make?
Mount St Marys Hospital Of Niagara Falls's highest-compensated officer earns $160,280,004 annually. The organization reported $160.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mount St Marys Hospital Of Niagara Falls's spending goes to programs?
Mount St Marys Hospital Of Niagara Falls directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mount St Marys Hospital Of Niagara Falls compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mount St Marys Hospital Of Niagara Falls 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 Mount St Marys Hospital Of Niagara Falls located?
Mount St Marys Hospital Of Niagara Falls is headquartered in Buffalo, New York and files with the IRS under EIN 161523353. It is classified under NTEE code E220.
How many years of IRS 990 filings does Mount St Marys Hospital Of Niagara Falls have?
Mount St Marys Hospital Of Niagara Falls 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 $160.3M in total revenue.
Is Mount St Marys Hospital of Niagara Falls financially stable?
Yes, the hospital appears financially stable, especially in recent years. In 2023, it reported revenues of $149,561,185 against expenses of $131,469,122, resulting in a significant surplus. Its assets have also grown substantially, reaching $139,539,911 in 2023.
How does the hospital manage executive compensation?
The IRS 990 filings consistently show 0% officer compensation for Mount St Marys Hospital of Niagara Falls across all reported periods. This is highly unusual for an organization of its scale and suggests that executive compensation may be reported under other expense categories or is not directly paid in a way that triggers this specific disclosure.
Has the hospital experienced financial losses?
Yes, the hospital has experienced periods where expenses exceeded revenue. For example, in 2022, expenses were $128,342,443 while revenue was $107,224,283. However, recent filings, such as 2023, show a return to positive operating margins.
What is the trend in the hospital's assets?
The hospital's assets have shown a strong upward trend over the past decade, growing from $51,071,072 in 2014 to $139,539,911 in 2023, indicating significant growth in its financial resources and capacity.
Filing History
IRS 990 filing history for Mount St Marys Hospital Of Niagara Falls showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mount St Marys Hospital Of Niagara Falls's revenue has grown by 62.1%, moving from $92.3M to $149.6M. Total assets increased by 180.3% over the same period, from $49.8M to $139.5M. Total functional expenses rose by 49.8%, from $87.8M to $131.5M. In its most recent filing year (2023), Mount St Marys Hospital Of Niagara Falls reported a surplus of $18.1M, with revenue exceeding expenses. The organization holds $123.9M in liabilities against $139.5M in assets (debt-to-asset ratio: 88.8%), resulting in net assets of $15.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149.6M | $131.5M | $139.5M | $123.9M | — | — |
| 2022 | $107.2M | $128.3M | $123.8M | $124.7M | — | View 990 |
| 2021 | $119.0M | $119.7M | $85.8M | $65.5M | — | View 990 |
| 2020 | $104.9M | $104.1M | $68.3M | $51.8M | — | View 990 |
| 2019 | $98.4M | $107.0M | $62.3M | $46.5M | — | View 990 |
| 2018 | $99.6M | $100.7M | $52.5M | $28.3M | — | View 990 |
| 2017 | $98.3M | $99.7M | $52.2M | $25.8M | — | — |
| 2016 | $100.4M | $98.9M | $50.0M | $22.8M | — | View 990 |
| 2015 | $93.7M | $94.8M | $47.4M | $20.1M | — | View 990 |
| 2014 | $96.3M | $93.1M | $51.1M | $41.1M | — | View 990 |
| 2013 | $90.4M | $89.9M | $45.7M | $39.8M | — | View 990 |
| 2012 | $89.3M | $87.5M | $43.5M | $39.0M | — | View 990 |
| 2011 | $92.3M | $87.8M | $49.8M | $43.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149.6M, expenses of $131.5M, and assets of $139.5M (revenue +39.5% year-over-year).
- 2022: Revenue of $107.2M, expenses of $128.3M, and assets of $123.8M (revenue -9.9% year-over-year).
- 2021: Revenue of $119.0M, expenses of $119.7M, and assets of $85.8M (revenue +13.5% year-over-year).
- 2020: Revenue of $104.9M, expenses of $104.1M, and assets of $68.3M (revenue +6.6% year-over-year).
- 2019: Revenue of $98.4M, expenses of $107.0M, and assets of $62.3M (revenue -1.2% year-over-year).
- 2018: Revenue of $99.6M, expenses of $100.7M, and assets of $52.5M (revenue +1.3% year-over-year).
- 2017: Revenue of $98.3M, expenses of $99.7M, and assets of $52.2M (revenue -2.1% year-over-year).
- 2016: Revenue of $100.4M, expenses of $98.9M, and assets of $50.0M (revenue +7.2% year-over-year).
- 2015: Revenue of $93.7M, expenses of $94.8M, and assets of $47.4M (revenue -2.7% year-over-year).
- 2014: Revenue of $96.3M, expenses of $93.1M, and assets of $51.1M (revenue +6.6% year-over-year).
- 2013: Revenue of $90.4M, expenses of $89.9M, and assets of $45.7M (revenue +1.3% year-over-year).
- 2012: Revenue of $89.3M, expenses of $87.5M, and assets of $43.5M (revenue -3.3% year-over-year).
- 2011: Revenue of $92.3M, expenses of $87.8M, and assets of $49.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount St Marys Hospital Of Niagara Falls:
Data Sources and Methodology
This transparency report for Mount St Marys Hospital Of Niagara Falls 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.