Nicholas H Noyes Memorial Hospital
Nicholas H Noyes Memorial Hospital shows consistent asset growth and generally positive financial performance, with a minor deficit in the latest reported period.
EIN: 160743979 · Dansville, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $93.2M |
| Total Expenses | $82.1M |
| Program Spending | 90% |
| Net Assets | $53.2M |
| Transparency Score | 85/100 |
Is Nicholas H Noyes Memorial Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nicholas H Noyes Memorial Hospital directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nicholas H Noyes Memorial Hospital
Nicholas H Noyes Memorial Hospital (EIN: 160743979) is a nonprofit organization based in Dansville, NY, classified under NTEE code E220. The organization reported total revenue of $93.2M and total assets of $88.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nicholas H Noyes Memorial Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nicholas H Noyes Memorial Hospital is a major nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80.0M |
| Total Expenses | $82.1M |
| Surplus / Deficit | $-2,149,683 |
| Total Assets | $77.0M |
| Total Liabilities | $23.8M |
| Net Assets | $53.2M |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 30.9% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Nicholas H Noyes Memorial Hospital reported a deficit of $2.1M with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 30.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nicholas H Noyes Memorial Hospital's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | +9.2% | +0.5% |
| 2022 | +7.7% | +15.4% | -1.2% |
| 2021 | +143.7% | +118.2% | +14.4% |
| 2020 | -50.5% | -51.7% | +14.0% |
| 2019 | -2.1% | +3.9% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Nicholas H Noyes Memorial Hospital 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Nicholas H Noyes Memorial Hospital allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.9%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which suggests either that executive compensation is not reported in this specific field or that the organization's officers are uncompensated, indicating a strong commitment to resource allocation for its mission.
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 Nicholas H Noyes Memorial Hospital's IRS 990 filings:
- Minor operating deficit in the 202306 period ($79,954,788 revenue vs. $82,104,471 expenses).
Strengths
The following positive indicators were identified for Nicholas H Noyes Memorial Hospital:
- Consistent growth in assets, reaching $88,091,636.
- Strong revenue growth over the past decade, from $49.6M to $93.1M.
- Generally positive financial performance with revenue exceeding expenses in most periods.
- Consistent reporting of 0% officer compensation, indicating potential efficiency or alternative compensation structures.
Frequently Asked Questions about Nicholas H Noyes Memorial Hospital
Is Nicholas H Noyes Memorial Hospital a legitimate charity?
Nicholas H Noyes Memorial Hospital (EIN: 160743979) 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: $93.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Nicholas H Noyes Memorial Hospital spend its money?
Nicholas H Noyes Memorial Hospital directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Nicholas H Noyes Memorial Hospital tax-deductible?
Nicholas H Noyes Memorial Hospital is registered as a tax-exempt nonprofit (EIN: 160743979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nicholas H Noyes Memorial Hospital's spending goes to programs?
Nicholas H Noyes Memorial Hospital directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nicholas H Noyes Memorial Hospital compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Nicholas H Noyes Memorial Hospital 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 Nicholas H Noyes Memorial Hospital located?
Nicholas H Noyes Memorial Hospital is headquartered in Dansville, New York and files with the IRS under EIN 160743979. It is classified under NTEE code E220.
How many years of IRS 990 filings does Nicholas H Noyes Memorial Hospital have?
Nicholas H Noyes Memorial Hospital 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 $93.2M in total revenue.
Is Nicholas H Noyes Memorial Hospital financially stable?
Yes, the hospital appears financially stable. Despite a minor deficit in the 202306 period, its assets have consistently grown to $88,091,636, and revenue has generally exceeded expenses in prior periods, indicating a healthy financial trajectory.
How has the hospital's revenue trended over time?
The hospital's revenue has shown significant growth, increasing from $49,666,346 in 201412 to $93,167,873 in the latest reported period, demonstrating a strong upward trend.
What is the organization's approach to executive compensation?
The provided data consistently shows 0% officer compensation, which suggests a highly efficient use of funds by not allocating a portion of revenue to officer salaries, or that compensation is reported under different categories in the full 990.
Filing History
IRS 990 filing history for Nicholas H Noyes Memorial Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nicholas H Noyes Memorial Hospital's revenue has grown by 58.2%, moving from $50.5M to $80.0M. Total assets increased by 93.2% over the same period, from $39.9M to $77.0M. Total functional expenses rose by 61.4%, from $50.9M to $82.1M. In its most recent filing year (2023), Nicholas H Noyes Memorial Hospital reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $23.8M in liabilities against $77.0M in assets (debt-to-asset ratio: 30.9%), resulting in net assets of $53.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80.0M | $82.1M | $77.0M | $23.8M | — | — |
| 2022 | $78.6M | $75.2M | $76.6M | $23.0M | — | View 990 |
| 2021 | $73.0M | $65.1M | $77.5M | $26.6M | — | View 990 |
| 2020 | $30.0M | $29.9M | $67.8M | $29.3M | — | View 990 |
| 2019 | $60.5M | $61.8M | $59.4M | $20.4M | — | View 990 |
| 2018 | $61.8M | $59.5M | $58.8M | $20.3M | — | View 990 |
| 2017 | $58.4M | $58.7M | $54.6M | $20.5M | — | View 990 |
| 2016 | $62.9M | $59.6M | $54.8M | $22.0M | — | View 990 |
| 2015 | $54.0M | $51.9M | $48.8M | $25.2M | — | View 990 |
| 2014 | $49.7M | $49.4M | $47.6M | $26.0M | — | View 990 |
| 2013 | $47.0M | $48.4M | $44.4M | $22.7M | — | View 990 |
| 2012 | $47.0M | $48.7M | $38.2M | $19.8M | — | View 990 |
| 2011 | $50.5M | $50.9M | $39.9M | $21.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80.0M, expenses of $82.1M, and assets of $77.0M (revenue +1.7% year-over-year).
- 2022: Revenue of $78.6M, expenses of $75.2M, and assets of $76.6M (revenue +7.7% year-over-year).
- 2021: Revenue of $73.0M, expenses of $65.1M, and assets of $77.5M (revenue +143.7% year-over-year).
- 2020: Revenue of $30.0M, expenses of $29.9M, and assets of $67.8M (revenue -50.5% year-over-year).
- 2019: Revenue of $60.5M, expenses of $61.8M, and assets of $59.4M (revenue -2.1% year-over-year).
- 2018: Revenue of $61.8M, expenses of $59.5M, and assets of $58.8M (revenue +5.9% year-over-year).
- 2017: Revenue of $58.4M, expenses of $58.7M, and assets of $54.6M (revenue -7.2% year-over-year).
- 2016: Revenue of $62.9M, expenses of $59.6M, and assets of $54.8M (revenue +16.6% year-over-year).
- 2015: Revenue of $54.0M, expenses of $51.9M, and assets of $48.8M (revenue +8.6% year-over-year).
- 2014: Revenue of $49.7M, expenses of $49.4M, and assets of $47.6M (revenue +5.7% year-over-year).
- 2013: Revenue of $47.0M, expenses of $48.4M, and assets of $44.4M (revenue -0.1% year-over-year).
- 2012: Revenue of $47.0M, expenses of $48.7M, and assets of $38.2M (revenue -7.0% year-over-year).
- 2011: Revenue of $50.5M, expenses of $50.9M, and assets of $39.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nicholas H Noyes Memorial Hospital:
Data Sources and Methodology
This transparency report for Nicholas H Noyes Memorial Hospital 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.