Phelps Memorial Hospital Association
Phelps Memorial Hospital Association shows consistent revenue growth and positive financial performance over the last decade.
EIN: 131725076 · Westbury, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $757.4M |
| Total Expenses | $377.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400 |
| Net Assets | $440.6M |
| Transparency Score | 80/100 |
Search Intent Cockpit
Phelps Memorial Hospital Association Form 990, Revenue, CEO Pay, and IRS Filing Signals
Phelps Memorial Hospital Association is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Phelps Memorial Hospital Association in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $419.9M and expenses of $377.3M.
Revenue and Expenses
Phelps Memorial Hospital Association reported $419.9M in revenue and $377.3M in expenses, a surplus of $42.7M.
Executive Compensation
Top officer compensation appears as $400 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
80/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Phelps Memorial Hospital Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $320.7M (85%) |
Across stored filings, Phelps Memorial Hospital Association shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Health context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Follow the Money
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Keep the Investigation Moving
Phelps Memorial Hospital Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Phelps Memorial Hospital Association
Phelps Memorial Hospital Association (EIN: 131725076) is a nonprofit organization based in Westbury, NY, classified under NTEE code E220. The organization reported total revenue of $757.4M and total assets of $594.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phelps Memorial Hospital Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phelps Memorial Hospital Association is a major nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $419.9M |
| Total Expenses | $377.3M |
| Surplus / Deficit | +$42.7M |
| Total Assets | $546.8M |
| Total Liabilities | $106.2M |
| Net Assets | $440.6M |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 19.4% |
| Months of Reserves | 17.4 months |
Financial Health Grade: A
In 2023, Phelps Memorial Hospital Association reported a surplus of $42.7M with revenue exceeding expenses, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 19.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Phelps Memorial Hospital Association's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +1.3% | +14.2% |
| 2022 | +2.6% | +4.2% | -2.9% |
| 2021 | +18.9% | +11.8% | +5.0% |
| 2020 | +7.7% | +11.0% | +8.6% |
| 2019 | +4.2% | +20.3% | +17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1954 |
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 Phelps Memorial Hospital Association with a Mission Score of 80 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, Phelps Memorial Hospital Association 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 $42.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $400 million. This suggests that executive compensation may be reported under other expense categories or is not fully disclosed in the provided summary data, impacting transparency regarding 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 Phelps Memorial Hospital Association's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and may indicate a lack of transparency in executive pay disclosure.
Strengths
The following positive indicators were identified for Phelps Memorial Hospital Association:
- Consistent and significant revenue growth over the past decade, from $224.7 million in 2014 to $419.9 million in 2023.
- Positive net income reported in every filing period, indicating strong financial management and operational efficiency.
- Substantial growth in assets, from $230 million in 2014 to $546.7 million in 2023, enhancing long-term financial stability.
- Healthy asset-to-liability ratio, with assets consistently much higher than liabilities, indicating a strong financial position.
Frequently Asked Questions about Phelps Memorial Hospital Association
Is Phelps Memorial Hospital Association a legitimate charity?
Phelps Memorial Hospital Association (EIN: 131725076) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $757.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Phelps Memorial Hospital Association spend its money?
Phelps Memorial Hospital Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Phelps Memorial Hospital Association tax-deductible?
Phelps Memorial Hospital Association is registered as a tax-exempt nonprofit (EIN: 131725076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Phelps Memorial Hospital Association CEO make?
Phelps Memorial Hospital Association's highest-compensated officer earns $400 annually. The organization reported $757.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Phelps Memorial Hospital Association's spending goes to programs?
Phelps Memorial Hospital Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Phelps Memorial Hospital Association compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Phelps Memorial Hospital Association 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 Phelps Memorial Hospital Association located?
Phelps Memorial Hospital Association is headquartered in Westbury, New York and files with the IRS under EIN 131725076. It is classified under NTEE code E220.
How many years of IRS 990 filings does Phelps Memorial Hospital Association have?
Phelps Memorial Hospital Association 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 $757.4M in total revenue.
How does Phelps Memorial Hospital Association manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It suggests that executive salaries might be categorized differently within the expense structure, potentially under 'salaries and wages' without specific officer designation, or that the provided summary data for officer compensation is incomplete. Further investigation into the full 990 forms would be necessary to understand this reporting practice.
What is the primary driver of Phelps Memorial Hospital Association's significant revenue growth?
While the specific drivers are not detailed in the provided financial summary, the consistent increase in revenue from $224.7 million in 2014 to $419.9 million in 2023 suggests a combination of factors such as increased patient volume, expansion of services, effective billing practices, and potentially favorable reimbursement rates within the healthcare sector.
Is Phelps Memorial Hospital Association financially stable?
Yes, the organization appears financially stable. It has consistently generated more revenue than expenses, leading to a positive net income each year. Assets have grown significantly from $230 million in 2014 to $546.7 million in 2023, indicating a strong balance sheet and capacity for future operations.
Filing History
IRS 990 filing history for Phelps Memorial Hospital Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Phelps Memorial Hospital Association's revenue has grown by 106%, moving from $203.9M to $419.9M. Total assets increased by 195.9% over the same period, from $184.8M to $546.8M. Total functional expenses rose by 94.3%, from $194.1M to $377.3M. In its most recent filing year (2023), Phelps Memorial Hospital Association reported a surplus of $42.7M, with revenue exceeding expenses. The organization holds $106.2M in liabilities against $546.8M in assets (debt-to-asset ratio: 19.4%), resulting in net assets of $440.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $419.9M | $377.3M | $546.8M | $106.2M | — | — |
| 2022 | $403.0M | $372.5M | $478.9M | $103.7M | — | View 990 |
| 2021 | $392.6M | $357.4M | $493.3M | $123.6M | — | View 990 |
| 2020 | $330.3M | $319.7M | $469.7M | $132.4M | — | View 990 |
| 2019 | $306.6M | $288.1M | $432.5M | $92.8M | — | View 990 |
| 2018 | $294.3M | $239.5M | $369.3M | $91.1M | — | View 990 |
| 2017 | $257.9M | $231.3M | $312.8M | $90.7M | — | View 990 |
| 2016 | $237.5M | $220.3M | $269.9M | $90.5M | — | View 990 |
| 2015 | $228.5M | $224.0M | $248.3M | $88.6M | — | View 990 |
| 2014 | $224.8M | $212.7M | $230.1M | $96.6M | — | View 990 |
| 2013 | $227.9M | $216.6M | $215.5M | $84.4M | — | View 990 |
| 2012 | $217.4M | $206.1M | $187.8M | $69.1M | — | View 990 |
| 2011 | $203.9M | $194.1M | $184.8M | $78.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419.9M, expenses of $377.3M, and assets of $546.8M (revenue +4.2% year-over-year).
- 2022: Revenue of $403.0M, expenses of $372.5M, and assets of $478.9M (revenue +2.6% year-over-year).
- 2021: Revenue of $392.6M, expenses of $357.4M, and assets of $493.3M (revenue +18.9% year-over-year).
- 2020: Revenue of $330.3M, expenses of $319.7M, and assets of $469.7M (revenue +7.7% year-over-year).
- 2019: Revenue of $306.6M, expenses of $288.1M, and assets of $432.5M (revenue +4.2% year-over-year).
- 2018: Revenue of $294.3M, expenses of $239.5M, and assets of $369.3M (revenue +14.1% year-over-year).
- 2017: Revenue of $257.9M, expenses of $231.3M, and assets of $312.8M (revenue +8.6% year-over-year).
- 2016: Revenue of $237.5M, expenses of $220.3M, and assets of $269.9M (revenue +4.0% year-over-year).
- 2015: Revenue of $228.5M, expenses of $224.0M, and assets of $248.3M (revenue +1.6% year-over-year).
- 2014: Revenue of $224.8M, expenses of $212.7M, and assets of $230.1M (revenue -1.4% year-over-year).
- 2013: Revenue of $227.9M, expenses of $216.6M, and assets of $215.5M (revenue +4.8% year-over-year).
- 2012: Revenue of $217.4M, expenses of $206.1M, and assets of $187.8M (revenue +6.7% year-over-year).
- 2011: Revenue of $203.9M, expenses of $194.1M, and assets of $184.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phelps Memorial Hospital Association:
Data Sources and Methodology
This transparency report for Phelps Memorial Hospital Association 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.