Saint Marys Hospital For Children Inc
Saint Marys Hospital For Children Inc shows consistent revenue growth and healthy asset accumulation over the past decade.
EIN: 111679599 · Bayside, NY · NTEE: E240 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $135.0M |
| Total Expenses | $116.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $124 |
| Net Assets | $57.0M |
| Transparency Score | 85/100 |
Is Saint Marys Hospital For Children Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saint Marys Hospital For Children Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saint Marys Hospital For Children Inc
Saint Marys Hospital For Children Inc (EIN: 111679599) is a nonprofit organization based in Bayside, NY, classified under NTEE code E240. The organization reported total revenue of $135.0M and total assets of $178.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint Marys Hospital For Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saint Marys Hospital For Children Inc is a major nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124.9M |
| Total Expenses | $116.1M |
| Surplus / Deficit | +$8.8M |
| Total Assets | $169.3M |
| Total Liabilities | $112.4M |
| Net Assets | $57.0M |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 66.4% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2023, Saint Marys Hospital For Children Inc reported a surplus of $8.8M with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 66.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saint Marys Hospital For Children Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +9.6% | +4.1% |
| 2022 | +9.5% | +8.4% | -0.5% |
| 2021 | -2.5% | +2.7% | +2.5% |
| 2020 | -0.6% | +1.5% | +4.4% |
| 2019 | +16.1% | +16.3% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1943 |
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 Saint Marys Hospital For Children 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Saint Marys Hospital For Children Inc 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 $8.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with over $124 million in annual revenue. This could indicate that compensation for key executives is reported under other categories or that the organization's structure does not include officers receiving direct compensation in the traditional sense, warranting further investigation for complete transparency.
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 Saint Marys Hospital For Children Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive pay structures.
Strengths
The following positive indicators were identified for Saint Marys Hospital For Children Inc:
- Consistent and significant revenue growth over the past decade, from $72.8M in 2014 to $124.8M in 2023.
- Healthy asset base ($169.3M in 2023) significantly exceeding liabilities ($112.3M in 2023), indicating strong financial solvency.
- Consistent operational surpluses, with revenue exceeding expenses in most reported periods (e.g., $124.8M revenue vs. $116.1M expenses in 2023).
- Clear mission focus as a Children's Hospital (NTEE E240).
Frequently Asked Questions about Saint Marys Hospital For Children Inc
Is Saint Marys Hospital For Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Saint Marys Hospital For Children Inc (EIN: 111679599) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Saint Marys Hospital For Children Inc spend its money?
Saint Marys Hospital For Children Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saint Marys Hospital For Children Inc tax-deductible?
Saint Marys Hospital For Children Inc is registered as a tax-exempt nonprofit (EIN: 111679599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saint Marys Hospital For Children Inc CEO make?
Saint Marys Hospital For Children Inc's highest-compensated officer earns $124 annually. The organization reported $135.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Saint Marys Hospital For Children Inc's spending goes to programs?
Saint Marys Hospital For Children Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Saint Marys Hospital For Children Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Saint Marys Hospital For Children Inc is above average for NTEE category E240 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Saint Marys Hospital For Children Inc located?
Saint Marys Hospital For Children Inc is headquartered in Bayside, New York and files with the IRS under EIN 111679599. It is classified under NTEE code E240.
How many years of IRS 990 filings does Saint Marys Hospital For Children Inc have?
Saint Marys Hospital For Children 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 $135.0M in total revenue.
How does Saint Marys Hospital For Children Inc manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is unusual for an organization of this scale. It suggests that executive compensation might be categorized differently (e.g., as salaries for non-officer roles, or through a related entity), or that the organization has a unique compensation structure. Further detail would be needed to understand this fully.
What is the organization's primary source of revenue given its NTEE code E240?
Given its NTEE code E240 (Children's Hospitals), it is highly probable that a significant portion of its revenue comes from patient services, government reimbursements (e.g., Medicaid, Medicare), and potentially grants or donations specific to healthcare services for children.
Has the organization's program spending efficiency improved over time?
While specific program spending percentages are not detailed in the provided summary, the consistent trend of expenses being lower than revenue, and the growth in assets, suggests that the organization is effectively managing its overall spending relative to its income, allowing for reinvestment into its mission.
Filing History
IRS 990 filing history for Saint Marys Hospital For Children Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saint Marys Hospital For Children Inc's revenue has grown by 53.2%, moving from $81.5M to $124.9M. Total assets increased by 5.1% over the same period, from $161.1M to $169.3M. Total functional expenses rose by 38%, from $84.1M to $116.1M. In its most recent filing year (2023), Saint Marys Hospital For Children Inc reported a surplus of $8.8M, with revenue exceeding expenses. The organization holds $112.4M in liabilities against $169.3M in assets (debt-to-asset ratio: 66.4%), resulting in net assets of $57.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124.9M | $116.1M | $169.3M | $112.4M | — | — |
| 2022 | $112.0M | $106.0M | $162.6M | $115.3M | — | — |
| 2021 | $102.3M | $97.7M | $163.4M | $121.6M | — | View 990 |
| 2020 | $105.0M | $95.1M | $159.3M | $121.7M | — | View 990 |
| 2019 | $105.6M | $93.7M | $152.7M | $119.8M | — | View 990 |
| 2018 | $91.0M | $80.6M | $149.9M | $119.4M | — | View 990 |
| 2017 | $82.2M | $77.6M | $155.6M | $126.1M | — | — |
| 2016 | $78.1M | $72.5M | $146.7M | $122.0M | — | View 990 |
| 2015 | $76.0M | $75.5M | $146.2M | $124.3M | — | View 990 |
| 2014 | $72.9M | $73.0M | $142.5M | $121.1M | — | View 990 |
| 2013 | $78.8M | $85.1M | $149.1M | $127.6M | — | View 990 |
| 2012 | $90.7M | $83.3M | $175.2M | $137.9M | — | View 990 |
| 2011 | $81.5M | $84.1M | $161.1M | $130.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124.9M, expenses of $116.1M, and assets of $169.3M (revenue +11.5% year-over-year).
- 2022: Revenue of $112.0M, expenses of $106.0M, and assets of $162.6M (revenue +9.5% year-over-year).
- 2021: Revenue of $102.3M, expenses of $97.7M, and assets of $163.4M (revenue -2.5% year-over-year).
- 2020: Revenue of $105.0M, expenses of $95.1M, and assets of $159.3M (revenue -0.6% year-over-year).
- 2019: Revenue of $105.6M, expenses of $93.7M, and assets of $152.7M (revenue +16.1% year-over-year).
- 2018: Revenue of $91.0M, expenses of $80.6M, and assets of $149.9M (revenue +10.7% year-over-year).
- 2017: Revenue of $82.2M, expenses of $77.6M, and assets of $155.6M (revenue +5.2% year-over-year).
- 2016: Revenue of $78.1M, expenses of $72.5M, and assets of $146.7M (revenue +2.7% year-over-year).
- 2015: Revenue of $76.0M, expenses of $75.5M, and assets of $146.2M (revenue +4.4% year-over-year).
- 2014: Revenue of $72.9M, expenses of $73.0M, and assets of $142.5M (revenue -7.6% year-over-year).
- 2013: Revenue of $78.8M, expenses of $85.1M, and assets of $149.1M (revenue -13.1% year-over-year).
- 2012: Revenue of $90.7M, expenses of $83.3M, and assets of $175.2M (revenue +11.3% year-over-year).
- 2011: Revenue of $81.5M, expenses of $84.1M, and assets of $161.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saint Marys Hospital For Children Inc:
Data Sources and Methodology
This transparency report for Saint Marys Hospital For Children 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.