Sisters Of Charity Hospital Of Buffalo New York
Sisters Of Charity Hospital reports consistent operating deficits and declining assets in recent years.
EIN: 160743187 · Buffalo, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $470.9M |
| Total Expenses | $407.4M |
| Program Spending | 90% |
| Net Assets | $-6,174,796 |
| Transparency Score | 75/100 |
Is Sisters Of Charity Hospital Of Buffalo New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sisters Of Charity Hospital Of Buffalo New York directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sisters Of Charity Hospital Of Buffalo New York
Sisters Of Charity Hospital Of Buffalo New York (EIN: 160743187) is a nonprofit organization based in Buffalo, NY, classified under NTEE code E220. The organization reported total revenue of $470.9M and total assets of $291.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sisters Of Charity Hospital Of Buffalo New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sisters Of Charity Hospital Of Buffalo New York is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $391.8M |
| Total Expenses | $407.4M |
| Surplus / Deficit | $-15,629,885 |
| Total Assets | $270.1M |
| Total Liabilities | $276.3M |
| Net Assets | $-6,174,796 |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 102.3% |
| Months of Reserves | 8.0 months |
Financial Health Grade: C
In 2023, Sisters Of Charity Hospital Of Buffalo New York reported a deficit of $15.6M with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 102.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sisters Of Charity Hospital Of Buffalo New York's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +2.7% | +1.7% |
| 2022 | -3.9% | +0.1% | -18.7% |
| 2021 | +3.0% | +6.4% | -10.1% |
| 2020 | +4.8% | +8.0% | +2.0% |
| 2019 | +3.0% | +2.7% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1946 |
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 Sisters Of Charity Hospital Of Buffalo New York 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sisters Of Charity Hospital Of Buffalo New York 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 $15.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 102.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation on its 990 filings, which suggests either that executive compensation is not directly paid by this entity or is reported through a related organization, indicating a high level of transparency in its direct reporting.
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 Sisters Of Charity Hospital Of Buffalo New York's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $15.6M in 2023, $46.7M in 2022)
- Declining asset base from $363M in 2020 to $270M in 2023
- Liabilities often close to or exceeding assets, indicating potential financial leverage or strain
Strengths
The following positive indicators were identified for Sisters Of Charity Hospital Of Buffalo New York:
- High transparency regarding officer compensation (consistently reported as 0% on 990s)
- Significant revenue generation, indicating a large operational scale and community impact
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance
Frequently Asked Questions about Sisters Of Charity Hospital Of Buffalo New York
Is Sisters Of Charity Hospital Of Buffalo New York a legitimate charity?
Sisters Of Charity Hospital Of Buffalo New York (EIN: 160743187) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $470.9M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Sisters Of Charity Hospital Of Buffalo New York spend its money?
Sisters Of Charity Hospital Of Buffalo New York directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Sisters Of Charity Hospital Of Buffalo New York tax-deductible?
Sisters Of Charity Hospital Of Buffalo New York is registered as a tax-exempt nonprofit (EIN: 160743187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sisters Of Charity Hospital Of Buffalo New York's spending goes to programs?
Sisters Of Charity Hospital Of Buffalo New York directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sisters Of Charity Hospital Of Buffalo New York compare to similar nonprofits?
With a transparency score of 75/100 (Good), Sisters Of Charity Hospital Of Buffalo New York 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 Sisters Of Charity Hospital Of Buffalo New York located?
Sisters Of Charity Hospital Of Buffalo New York is headquartered in Buffalo, New York and files with the IRS under EIN 160743187. It is classified under NTEE code E220.
How many years of IRS 990 filings does Sisters Of Charity Hospital Of Buffalo New York have?
Sisters Of Charity Hospital Of Buffalo New York 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 $470.9M in total revenue.
Is Sisters Of Charity Hospital Of Buffalo New York financially stable given its recent operating deficits?
The hospital has reported expenses exceeding revenues for several consecutive years, including a $15.6 million deficit in 2023 and a $46.7 million deficit in 2022. This trend suggests potential financial strain, though a deeper analysis of cash flow and specific revenue streams would be needed to fully assess stability.
What is the reason for the consistent 0% officer compensation reported?
The consistent reporting of 0% for officer compensation across all filings suggests that executive salaries might be paid by a parent organization or a related entity, rather than directly by Sisters Of Charity Hospital Of Buffalo New York itself, or that the individuals serving as officers are uncompensated volunteers.
How has the organization's asset base changed over time?
Assets have shown a declining trend in recent years, decreasing from a high of $363,352,482 in 2020 to $270,133,362 in 2023, while liabilities have remained substantial, often close to or exceeding assets.
Filing History
IRS 990 filing history for Sisters Of Charity Hospital Of Buffalo New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sisters Of Charity Hospital Of Buffalo New York's revenue has grown by 25.2%, moving from $312.9M to $391.8M. Total assets increased by 2.5% over the same period, from $263.5M to $270.1M. Total functional expenses rose by 37.7%, from $295.9M to $407.4M. In its most recent filing year (2023), Sisters Of Charity Hospital Of Buffalo New York reported a deficit of $15.6M, with expenses exceeding revenue. The organization holds $276.3M in liabilities against $270.1M in assets (debt-to-asset ratio: 102.3%), resulting in net assets of $-6,174,796.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $391.8M | $407.4M | $270.1M | $276.3M | — | — |
| 2022 | $349.8M | $396.6M | $265.6M | $250.6M | — | View 990 |
| 2021 | $364.1M | $396.2M | $326.5M | $290.0M | — | View 990 |
| 2020 | $353.4M | $372.3M | $363.4M | $326.5M | — | View 990 |
| 2019 | $337.4M | $344.8M | $356.3M | $277.9M | — | View 990 |
| 2018 | $327.5M | $335.7M | $337.3M | $246.4M | — | View 990 |
| 2017 | $347.9M | $330.5M | $342.1M | $249.2M | — | — |
| 2016 | $336.8M | $325.9M | $323.3M | $230.4M | — | View 990 |
| 2015 | $322.0M | $323.7M | $319.8M | $234.1M | — | View 990 |
| 2014 | $325.7M | $318.1M | $304.8M | $218.3M | — | View 990 |
| 2013 | $324.2M | $317.5M | $298.1M | $185.0M | — | View 990 |
| 2012 | $317.4M | $307.9M | $282.9M | $211.6M | — | View 990 |
| 2011 | $312.9M | $295.9M | $263.5M | $190.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $391.8M, expenses of $407.4M, and assets of $270.1M (revenue +12.0% year-over-year).
- 2022: Revenue of $349.8M, expenses of $396.6M, and assets of $265.6M (revenue -3.9% year-over-year).
- 2021: Revenue of $364.1M, expenses of $396.2M, and assets of $326.5M (revenue +3.0% year-over-year).
- 2020: Revenue of $353.4M, expenses of $372.3M, and assets of $363.4M (revenue +4.8% year-over-year).
- 2019: Revenue of $337.4M, expenses of $344.8M, and assets of $356.3M (revenue +3.0% year-over-year).
- 2018: Revenue of $327.5M, expenses of $335.7M, and assets of $337.3M (revenue -5.9% year-over-year).
- 2017: Revenue of $347.9M, expenses of $330.5M, and assets of $342.1M (revenue +3.3% year-over-year).
- 2016: Revenue of $336.8M, expenses of $325.9M, and assets of $323.3M (revenue +4.6% year-over-year).
- 2015: Revenue of $322.0M, expenses of $323.7M, and assets of $319.8M (revenue -1.1% year-over-year).
- 2014: Revenue of $325.7M, expenses of $318.1M, and assets of $304.8M (revenue +0.5% year-over-year).
- 2013: Revenue of $324.2M, expenses of $317.5M, and assets of $298.1M (revenue +2.1% year-over-year).
- 2012: Revenue of $317.4M, expenses of $307.9M, and assets of $282.9M (revenue +1.4% year-over-year).
- 2011: Revenue of $312.9M, expenses of $295.9M, and assets of $263.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sisters Of Charity Hospital Of Buffalo New York:
Data Sources and Methodology
This transparency report for Sisters Of Charity Hospital Of Buffalo New York 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.