Oswego Hospital Inc
Oswego Hospital Inc. shows consistent revenue growth and positive net income in recent years.
EIN: 150532220 · Oswego, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $186.1M |
| Total Expenses | $168.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $185 |
| Net Assets | $92.1M |
| Transparency Score | 85/100 |
Is Oswego Hospital Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oswego Hospital Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oswego Hospital Inc
Oswego Hospital Inc (EIN: 150532220) is a nonprofit organization based in Oswego, NY, classified under NTEE code E220. The organization reported total revenue of $186.1M and total assets of $147.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oswego Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oswego Hospital Inc is a major nonprofit that has been operating for 90 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $185.5M |
| Total Expenses | $168.8M |
| Surplus / Deficit | +$16.7M |
| Total Assets | $134.0M |
| Total Liabilities | $41.9M |
| Net Assets | $92.1M |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 31.3% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Oswego Hospital Inc reported a surplus of $16.7M with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 31.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oswego Hospital Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.8% | +4.6% | +6.0% |
| 2022 | +3.1% | +10.1% | -9.7% |
| 2021 | +7.7% | +7.7% | -2.8% |
| 2020 | -3.6% | -0.2% | +12.2% |
| 2019 | +15.7% | +8.8% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1936 |
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 Oswego Hospital 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Oswego Hospital Inc 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 surplus of $16.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.3%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for 'Officer Comp', which is unusual for an organization of this size with over $185 million in revenue. This suggests executive compensation may be reported in a different section of the 990 or through a related organization, requiring deeper scrutiny to fully understand leadership remuneration.
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 Oswego Hospital Inc's IRS 990 filings:
- Consistent 'Officer Comp=0%' reporting, which may obscure actual executive compensation.
Strengths
The following positive indicators were identified for Oswego Hospital Inc:
- Consistent revenue growth, from $108.5M in 2015 to $185.4M in 2023.
- Positive net income in most recent years, including a $16.6 million surplus in 2023.
- Healthy asset base consistently exceeding liabilities, indicating strong financial solvency.
- Stable financial operations with expenses generally managed within revenue limits.
Frequently Asked Questions about Oswego Hospital Inc
Is Oswego Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oswego Hospital Inc (EIN: 150532220) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Oswego Hospital Inc spend its money?
Oswego Hospital Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oswego Hospital Inc tax-deductible?
Oswego Hospital Inc is registered as a tax-exempt nonprofit (EIN: 150532220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oswego Hospital Inc CEO make?
Oswego Hospital Inc's highest-compensated officer earns $185 annually. The organization reported $186.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oswego Hospital Inc's spending goes to programs?
Oswego Hospital Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oswego Hospital Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Oswego Hospital Inc 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 Oswego Hospital Inc located?
Oswego Hospital Inc is headquartered in Oswego, New York and files with the IRS under EIN 150532220. It is classified under NTEE code E220.
How many years of IRS 990 filings does Oswego Hospital Inc have?
Oswego Hospital 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 $186.1M in total revenue.
Is Oswego Hospital Inc. a good charity?
Based on its financial health, consistent revenue growth, and positive net income in recent years (e.g., $16.6 million surplus in 2023), the organization appears to be financially sound and effectively managing its operations to deliver its mission.
How has Oswego Hospital Inc.'s revenue trended over time?
Oswego Hospital Inc. has experienced significant revenue growth, increasing from $108,561,737 in 2015 to $185,452,544 in 2023, indicating a strong upward trend in its financial capacity.
What is the organization's financial stability?
The organization demonstrates good financial stability, with assets consistently exceeding liabilities (e.g., $134 million in assets vs. $41.9 million in liabilities in 2023) and a positive net income in most recent periods, suggesting a healthy financial cushion.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for 'Officer Comp' across multiple filings for an organization of this scale is atypical. This usually means compensation is either included in other expense categories, paid by a related entity, or not reported in this specific line item, warranting further investigation into Schedule J of the 990 or related party transactions.
Filing History
IRS 990 filing history for Oswego Hospital Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oswego Hospital Inc's revenue has grown by 74%, moving from $106.6M to $185.5M. Total assets increased by 7% over the same period, from $125.3M to $134.0M. Total functional expenses rose by 66.2%, from $101.6M to $168.8M. In its most recent filing year (2023), Oswego Hospital Inc reported a surplus of $16.7M, with revenue exceeding expenses. The organization holds $41.9M in liabilities against $134.0M in assets (debt-to-asset ratio: 31.3%), resulting in net assets of $92.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $185.5M | $168.8M | $134.0M | $41.9M | — | — |
| 2022 | $153.5M | $161.4M | $126.5M | $52.9M | — | View 990 |
| 2021 | $148.9M | $146.6M | $140.1M | $57.7M | — | View 990 |
| 2020 | $138.3M | $136.2M | $144.1M | $67.0M | — | View 990 |
| 2019 | $143.5M | $136.4M | $128.4M | $53.5M | — | View 990 |
| 2018 | $124.0M | $125.4M | $119.7M | $53.3M | — | View 990 |
| 2017 | $123.1M | $119.4M | $118.0M | $48.4M | — | View 990 |
| 2016 | $115.0M | $114.9M | $116.3M | $51.5M | — | View 990 |
| 2015 | $108.6M | $112.8M | $114.7M | $52.1M | — | View 990 |
| 2014 | $112.3M | $110.2M | $121.9M | $56.3M | — | View 990 |
| 2013 | $112.5M | $113.0M | $125.5M | $50.5M | — | View 990 |
| 2012 | $107.7M | $105.0M | $123.4M | $60.0M | — | View 990 |
| 2011 | $106.6M | $101.6M | $125.3M | $63.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $185.5M, expenses of $168.8M, and assets of $134.0M (revenue +20.8% year-over-year).
- 2022: Revenue of $153.5M, expenses of $161.4M, and assets of $126.5M (revenue +3.1% year-over-year).
- 2021: Revenue of $148.9M, expenses of $146.6M, and assets of $140.1M (revenue +7.7% year-over-year).
- 2020: Revenue of $138.3M, expenses of $136.2M, and assets of $144.1M (revenue -3.6% year-over-year).
- 2019: Revenue of $143.5M, expenses of $136.4M, and assets of $128.4M (revenue +15.7% year-over-year).
- 2018: Revenue of $124.0M, expenses of $125.4M, and assets of $119.7M (revenue +0.7% year-over-year).
- 2017: Revenue of $123.1M, expenses of $119.4M, and assets of $118.0M (revenue +7.1% year-over-year).
- 2016: Revenue of $115.0M, expenses of $114.9M, and assets of $116.3M (revenue +6.0% year-over-year).
- 2015: Revenue of $108.6M, expenses of $112.8M, and assets of $114.7M (revenue -3.3% year-over-year).
- 2014: Revenue of $112.3M, expenses of $110.2M, and assets of $121.9M (revenue -0.2% year-over-year).
- 2013: Revenue of $112.5M, expenses of $113.0M, and assets of $125.5M (revenue +4.4% year-over-year).
- 2012: Revenue of $107.7M, expenses of $105.0M, and assets of $123.4M (revenue +1.1% year-over-year).
- 2011: Revenue of $106.6M, expenses of $101.6M, and assets of $125.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oswego Hospital Inc:
Data Sources and Methodology
This transparency report for Oswego Hospital 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.