Samaritan Medical Center
Samaritan Medical Center shows consistent revenue growth and positive operating margins over the last decade.
EIN: 150533577 · Watertown, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $376.7M |
| Total Expenses | $335.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $300 |
| Net Assets | $130.7M |
| Transparency Score | 75/100 |
Is Samaritan Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Samaritan Medical Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Samaritan Medical Center
Samaritan Medical Center (EIN: 150533577) is a nonprofit organization based in Watertown, NY, classified under NTEE code E220. The organization reported total revenue of $376.7M and total assets of $310.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Samaritan Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Samaritan Medical Center is a major nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $349.2M |
| Total Expenses | $335.6M |
| Surplus / Deficit | +$13.6M |
| Total Assets | $282.3M |
| Total Liabilities | $151.6M |
| Net Assets | $130.7M |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 53.7% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2023, Samaritan Medical Center reported a surplus of $13.6M with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 53.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Samaritan Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.5% | +11.2% | -4.6% |
| 2022 | +0.8% | +8.2% | -5.2% |
| 2021 | +7.5% | +4.5% | +2.6% |
| 2020 | +0.8% | +1.9% | +10.8% |
| 2019 | +3.2% | +10.5% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
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 Samaritan Medical Center with a Mission Score of 75 out of 100 (Good). 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, Samaritan Medical Center 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 $13.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.7%.
Executive Compensation Analysis
The reported 0% officer compensation across all filings is highly unusual for a medical center with annual revenues exceeding $300 million. This suggests that executive compensation is either not reported in the 'Officer Comp' field or is categorized under other expense lines, which could obscure a complete understanding of administrative costs.
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 Samaritan Medical Center's IRS 990 filings:
- Unusually low (0%) reported officer compensation, potentially obscuring true executive pay.
- Lack of detailed expense breakdown (program, admin, fundraising) in summary data.
Strengths
The following positive indicators were identified for Samaritan Medical Center:
- Consistent revenue growth over a decade, from $208M in 2014 to $349M in 2023.
- Positive operating margins, indicating financial stability (e.g., $13.5M surplus in 2023).
- Growing asset base, reaching $282M in 2023, suggesting strong financial health.
- Manageable liabilities relative to assets, indicating a healthy balance sheet.
Frequently Asked Questions about Samaritan Medical Center
Is Samaritan Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Samaritan Medical Center (EIN: 150533577) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Samaritan Medical Center spend its money?
Samaritan Medical Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Samaritan Medical Center tax-deductible?
Samaritan Medical Center is registered as a tax-exempt nonprofit (EIN: 150533577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Samaritan Medical Center CEO make?
Samaritan Medical Center's highest-compensated officer earns $300 annually. The organization reported $376.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Samaritan Medical Center's spending goes to programs?
Samaritan Medical Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Samaritan Medical Center compare to similar nonprofits?
With a transparency score of 75/100 (Good), Samaritan Medical Center 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 Samaritan Medical Center located?
Samaritan Medical Center is headquartered in Watertown, New York and files with the IRS under EIN 150533577. It is classified under NTEE code E220.
How many years of IRS 990 filings does Samaritan Medical Center have?
Samaritan Medical Center 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 $376.7M in total revenue.
How is executive compensation truly structured and reported, given the 0% officer compensation figures?
The provided data consistently shows 0% officer compensation, which is atypical for an organization of this scale. A deeper dive into the full IRS 990 forms would be required to understand how executive salaries and benefits are categorized and reported, as they are likely included within other expense categories.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The summary data does not provide a granular breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and mission focus.
What are the specific programs and services offered by Samaritan Medical Center?
While the NTEE code E220 indicates 'General Hospitals', the summary data does not detail the specific programs and services provided by Samaritan Medical Center. Understanding these would provide context for their operational expenses.
What is the organization's policy on financial transparency beyond the summary data?
Given the lack of detail on executive compensation and expense breakdown in the summary, understanding the organization's broader transparency policies and how they make full financial statements available would be beneficial.
Filing History
IRS 990 filing history for Samaritan Medical Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Samaritan Medical Center's revenue has grown by 77.5%, moving from $196.7M to $349.2M. Total assets increased by 42.1% over the same period, from $198.6M to $282.3M. Total functional expenses rose by 89.7%, from $176.9M to $335.6M. In its most recent filing year (2023), Samaritan Medical Center reported a surplus of $13.6M, with revenue exceeding expenses. The organization holds $151.6M in liabilities against $282.3M in assets (debt-to-asset ratio: 53.7%), resulting in net assets of $130.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $349.2M | $335.6M | $282.3M | $151.6M | — | — |
| 2022 | $302.4M | $301.7M | $296.0M | $176.6M | — | View 990 |
| 2021 | $300.0M | $278.8M | $312.3M | $182.6M | — | View 990 |
| 2020 | $279.0M | $266.8M | $304.3M | $194.9M | — | View 990 |
| 2019 | $276.7M | $262.0M | $274.7M | $164.2M | — | View 990 |
| 2018 | $268.0M | $237.0M | $268.7M | $162.0M | — | View 990 |
| 2017 | $221.1M | $218.8M | $257.5M | $169.6M | — | — |
| 2016 | $221.2M | $212.4M | $219.4M | $124.6M | — | View 990 |
| 2015 | $211.3M | $211.4M | $225.9M | $136.1M | — | View 990 |
| 2014 | $208.9M | $200.5M | $205.2M | $109.5M | — | View 990 |
| 2013 | $204.7M | $197.9M | $205.4M | $104.7M | — | View 990 |
| 2012 | $197.6M | $193.1M | $207.9M | $119.3M | — | View 990 |
| 2011 | $196.7M | $176.9M | $198.6M | $113.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $349.2M, expenses of $335.6M, and assets of $282.3M (revenue +15.5% year-over-year).
- 2022: Revenue of $302.4M, expenses of $301.7M, and assets of $296.0M (revenue +0.8% year-over-year).
- 2021: Revenue of $300.0M, expenses of $278.8M, and assets of $312.3M (revenue +7.5% year-over-year).
- 2020: Revenue of $279.0M, expenses of $266.8M, and assets of $304.3M (revenue +0.8% year-over-year).
- 2019: Revenue of $276.7M, expenses of $262.0M, and assets of $274.7M (revenue +3.2% year-over-year).
- 2018: Revenue of $268.0M, expenses of $237.0M, and assets of $268.7M (revenue +21.2% year-over-year).
- 2017: Revenue of $221.1M, expenses of $218.8M, and assets of $257.5M (revenue -0.1% year-over-year).
- 2016: Revenue of $221.2M, expenses of $212.4M, and assets of $219.4M (revenue +4.7% year-over-year).
- 2015: Revenue of $211.3M, expenses of $211.4M, and assets of $225.9M (revenue +1.2% year-over-year).
- 2014: Revenue of $208.9M, expenses of $200.5M, and assets of $205.2M (revenue +2.1% year-over-year).
- 2013: Revenue of $204.7M, expenses of $197.9M, and assets of $205.4M (revenue +3.6% year-over-year).
- 2012: Revenue of $197.6M, expenses of $193.1M, and assets of $207.9M (revenue +0.4% year-over-year).
- 2011: Revenue of $196.7M, expenses of $176.9M, and assets of $198.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Samaritan Medical Center:
Data Sources and Methodology
This transparency report for Samaritan Medical Center 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.