Southampton Hospital Foundation Inc
Southampton Hospital Foundation Inc. shows fluctuating annual financial performance with consistent zero reported officer compensation.
EIN: 113466516 · Southampton, NY · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $59.0M |
| Total Expenses | $21.4M |
| Program Spending | 85% |
| Net Assets | $18.0M |
| Transparency Score | 75/100 |
Is Southampton Hospital Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southampton Hospital Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southampton Hospital Foundation Inc
Southampton Hospital Foundation Inc (EIN: 113466516) is a nonprofit organization based in Southampton, NY, classified under NTEE code E11. The organization reported total revenue of $59.0M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southampton Hospital Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southampton Hospital Foundation Inc is a major nonprofit that has been operating for 27 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 | $17.7M |
| Total Expenses | $21.4M |
| Surplus / Deficit | $-3,681,314 |
| Total Assets | $21.7M |
| Total Liabilities | $3.7M |
| Net Assets | $18.0M |
| Operating Margin | -20.8% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 12.1 months |
Financial Health Grade: B
In 2023, Southampton Hospital Foundation Inc reported a deficit of $3.7M with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southampton Hospital Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.5% | +616.1% | -23.5% |
| 2022 | +82.1% | -41.8% | +58.3% |
| 2021 | -44.7% | -37.4% | +33.8% |
| 2020 | +49.5% | +56.0% | +47.9% |
| 2019 | +5.2% | +9.3% | +36.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Southampton Hospital Foundation Inc 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, Southampton Hospital Foundation 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 deficit of $3.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, suggesting that executive leadership may be compensated through other entities or volunteer their time.
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 Southampton Hospital Foundation Inc's IRS 990 filings:
- Significant year-over-year fluctuations in revenue and expenses, leading to unpredictable financial outcomes (e.g., $3.6M deficit in 2023 after an $8.5M surplus in 2022).
- Consistent 0% officer compensation reported, which is atypical for an organization of this scale and could obscure actual leadership compensation if paid by an affiliate.
Strengths
The following positive indicators were identified for Southampton Hospital Foundation Inc:
- Strong asset growth over time, with assets reaching $21,667,686 in 2023, indicating a healthy reserve.
- The consistent reporting of 0% officer compensation, if truly reflective of volunteer leadership, demonstrates a commitment to minimizing overhead in that area.
Frequently Asked Questions about Southampton Hospital Foundation Inc
Is Southampton Hospital Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southampton Hospital Foundation Inc (EIN: 113466516) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Southampton Hospital Foundation Inc spend its money?
Southampton Hospital Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southampton Hospital Foundation Inc tax-deductible?
Southampton Hospital Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113466516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southampton Hospital Foundation Inc's spending goes to programs?
Southampton Hospital Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southampton Hospital Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Southampton Hospital Foundation Inc is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southampton Hospital Foundation Inc located?
Southampton Hospital Foundation Inc is headquartered in Southampton, New York and files with the IRS under EIN 113466516. It is classified under NTEE code E11.
How many years of IRS 990 filings does Southampton Hospital Foundation Inc have?
Southampton Hospital Foundation 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 $59.0M in total revenue.
Is Southampton Hospital Foundation Inc. financially stable given its fluctuating revenues and expenses?
While revenues and expenses fluctuate significantly year-to-year (e.g., a $3.6M deficit in 2023 vs. an $8.5M surplus in 2022), the organization's assets have generally increased, reaching $21,667,686 in 2023, suggesting a degree of underlying financial stability and reserves.
How does the 0% officer compensation impact the organization's operations and transparency?
The consistent reporting of 0% officer compensation is highly unusual and could indicate that executive leadership is either entirely volunteer-based or compensated through an affiliated entity, which might warrant further investigation for complete transparency regarding operational costs.
What caused the significant increase in expenses in 2023 to $21,407,232, leading to a deficit?
The 990 data alone does not specify the exact causes for the sharp increase in expenses in 2023. It would require reviewing the detailed expense breakdown within the full 990 filing to understand if this was due to increased program spending, administrative costs, or other factors.
Filing History
IRS 990 filing history for Southampton Hospital Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southampton Hospital Foundation Inc's revenue has grown by 72.9%, moving from $10.3M to $17.7M. Total assets increased by 123.7% over the same period, from $9.7M to $21.7M. Total functional expenses rose by 417.5%, from $4.1M to $21.4M. In its most recent filing year (2023), Southampton Hospital Foundation Inc reported a deficit of $3.7M, with expenses exceeding revenue. The organization holds $3.7M in liabilities against $21.7M in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $18.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.7M | $21.4M | $21.7M | $3.7M | — | — |
| 2022 | $11.6M | $3.0M | $28.3M | $6.8M | — | View 990 |
| 2021 | $6.3M | $5.1M | $17.9M | $4.5M | — | View 990 |
| 2020 | $11.5M | $8.2M | $13.4M | $1.2M | — | View 990 |
| 2019 | $7.7M | $5.3M | $9.0M | $122K | — | View 990 |
| 2018 | $7.3M | $4.8M | $6.6M | $135K | — | View 990 |
| 2017 | $4.5M | $4.2M | $4.1M | $98K | — | View 990 |
| 2016 | $4.3M | $4.8M | $3.8M | $79K | — | View 990 |
| 2015 | $4.5M | $5.1M | $4.2M | $33K | — | View 990 |
| 2014 | $4.0M | $7.7M | $4.9M | $84K | — | View 990 |
| 2013 | $3.6M | $4.3M | $8.6M | $63K | — | View 990 |
| 2012 | $4.0M | $4.4M | $9.6M | $361K | — | View 990 |
| 2011 | $10.3M | $4.1M | $9.7M | $101K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.7M, expenses of $21.4M, and assets of $21.7M (revenue +53.5% year-over-year).
- 2022: Revenue of $11.6M, expenses of $3.0M, and assets of $28.3M (revenue +82.1% year-over-year).
- 2021: Revenue of $6.3M, expenses of $5.1M, and assets of $17.9M (revenue -44.7% year-over-year).
- 2020: Revenue of $11.5M, expenses of $8.2M, and assets of $13.4M (revenue +49.5% year-over-year).
- 2019: Revenue of $7.7M, expenses of $5.3M, and assets of $9.0M (revenue +5.2% year-over-year).
- 2018: Revenue of $7.3M, expenses of $4.8M, and assets of $6.6M (revenue +60.5% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.2M, and assets of $4.1M (revenue +5.3% year-over-year).
- 2016: Revenue of $4.3M, expenses of $4.8M, and assets of $3.8M (revenue -3.4% year-over-year).
- 2015: Revenue of $4.5M, expenses of $5.1M, and assets of $4.2M (revenue +13.1% year-over-year).
- 2014: Revenue of $4.0M, expenses of $7.7M, and assets of $4.9M (revenue +10.0% year-over-year).
- 2013: Revenue of $3.6M, expenses of $4.3M, and assets of $8.6M (revenue -10.4% year-over-year).
- 2012: Revenue of $4.0M, expenses of $4.4M, and assets of $9.6M (revenue -60.9% year-over-year).
- 2011: Revenue of $10.3M, expenses of $4.1M, and assets of $9.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southampton Hospital Foundation Inc:
Data Sources and Methodology
This transparency report for Southampton Hospital Foundation 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.