St Anns Home For The Aged
St Anns Home For The Aged frequently operates at a deficit, with expenses exceeding revenue in recent years.
EIN: 160743146 · Rochester, NY · NTEE: E910 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $77.3M |
| Total Expenses | $77.7M |
| Program Spending | 85% |
| Net Assets | $3.6M |
| Transparency Score | 65/100 |
Is St Anns Home For The Aged Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Anns Home For The Aged directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Anns Home For The Aged
St Anns Home For The Aged (EIN: 160743146) is a nonprofit organization based in Rochester, NY, classified under NTEE code E910. The organization reported total revenue of $77.3M and total assets of $115.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Anns Home For The Aged's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Anns Home For The Aged is a major nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75.0M |
| Total Expenses | $77.7M |
| Surplus / Deficit | $-2,731,892 |
| Total Assets | $116.3M |
| Total Liabilities | $112.8M |
| Net Assets | $3.6M |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 96.9% |
| Months of Reserves | 18.0 months |
Financial Health Grade: C
In 2023, St Anns Home For The Aged reported a deficit of $2.7M with expenses exceeding revenue, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 96.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Anns Home For The Aged's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.8% | +13.1% | -2.7% |
| 2022 | +6.7% | +10.8% | -6.8% |
| 2021 | +7.9% | -6.2% | +3.9% |
| 2020 | -14.8% | +8.6% | -2.2% |
| 2019 | +3.1% | -2.2% | +54.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1978 |
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 St Anns Home For The Aged with a Mission Score of 65 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, St Anns Home For The Aged 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 $2.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 96.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with annual revenues in the tens of millions. This could indicate that executive compensation is either not paid, paid by a related entity, or categorized differently within the expense structure, making it difficult to assess relative to the organization's scale.
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 St Anns Home For The Aged's IRS 990 filings:
- Recurring operational deficits (e.g., $2.7M in 2023, $8.6M in 2022)
- High liabilities relative to assets ($112.7M liabilities vs $116.3M assets in 2023)
- Lack of reported officer compensation, which may obscure executive pay practices
Strengths
The following positive indicators were identified for St Anns Home For The Aged:
- Substantial asset base ($115.1M latest assets)
- Consistent revenue generation in the tens of millions annually
- Long history of IRS 990 filings (13 filings), indicating transparency in reporting
Frequently Asked Questions about St Anns Home For The Aged
Is St Anns Home For The Aged a legitimate charity?
St Anns Home For The Aged (EIN: 160743146) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $77.3M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does St Anns Home For The Aged spend its money?
St Anns Home For The Aged directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to St Anns Home For The Aged tax-deductible?
St Anns Home For The Aged is registered as a tax-exempt nonprofit (EIN: 160743146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Anns Home For The Aged's spending goes to programs?
St Anns Home For The Aged directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Anns Home For The Aged compare to similar nonprofits?
With a transparency score of 65/100 (Good), St Anns Home For The Aged is above average for NTEE category E910 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Anns Home For The Aged located?
St Anns Home For The Aged is headquartered in Rochester, New York and files with the IRS under EIN 160743146. It is classified under NTEE code E910.
How many years of IRS 990 filings does St Anns Home For The Aged have?
St Anns Home For The Aged 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 $77.3M in total revenue.
Is St Anns Home For The Aged financially sustainable given its recurring deficits?
The organization has reported deficits in multiple recent years (e.g., $2.7M in 2023, $8.6M in 2022, $5.7M in 2021). While it maintains substantial assets, this trend raises concerns about long-term financial sustainability if not addressed.
How does St Anns Home For The Aged manage its significant liabilities?
The organization consistently carries high liabilities, such as $112,758,265 in 2023, which are close to its total assets ($116,311,213). This indicates a highly leveraged financial structure, which could be common for organizations with significant property and equipment, but warrants closer examination of debt management strategies.
What is the reason for 0% officer compensation reported in all filings?
The consistent reporting of 0% officer compensation across all filings is atypical for an organization of this scale. It suggests either a volunteer leadership, compensation being paid by a related entity, or being reported under other expense categories, which impacts the transparency of executive pay.
Filing History
IRS 990 filing history for St Anns Home For The Aged showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Anns Home For The Aged's revenue has grown by 11.5%, moving from $67.3M to $75.0M. Total assets increased by 31.4% over the same period, from $88.5M to $116.3M. Total functional expenses rose by 54.6%, from $50.3M to $77.7M. In its most recent filing year (2023), St Anns Home For The Aged reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $112.8M in liabilities against $116.3M in assets (debt-to-asset ratio: 96.9%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75.0M | $77.7M | $116.3M | $112.8M | — | — |
| 2022 | $60.1M | $68.7M | $119.6M | $115.8M | — | View 990 |
| 2021 | $56.4M | $62.1M | $128.3M | $118.6M | — | View 990 |
| 2020 | $52.2M | $66.2M | $123.4M | $121.7M | — | View 990 |
| 2019 | $61.3M | $60.9M | $126.2M | $107.5M | — | View 990 |
| 2018 | $59.4M | $62.3M | $81.7M | $57.2M | — | View 990 |
| 2017 | $64.0M | $62.5M | $87.9M | $60.4M | — | — |
| 2016 | $65.2M | $64.8M | $85.7M | $59.0M | — | View 990 |
| 2015 | $67.3M | $65.0M | $82.7M | $59.9M | — | View 990 |
| 2014 | $64.1M | $63.2M | $83.4M | $65.1M | — | View 990 |
| 2013 | $59.6M | $60.9M | $88.7M | $52.9M | — | View 990 |
| 2012 | $58.3M | $58.4M | $88.1M | $69.0M | — | View 990 |
| 2011 | $67.3M | $50.3M | $88.5M | $77.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75.0M, expenses of $77.7M, and assets of $116.3M (revenue +24.8% year-over-year).
- 2022: Revenue of $60.1M, expenses of $68.7M, and assets of $119.6M (revenue +6.7% year-over-year).
- 2021: Revenue of $56.4M, expenses of $62.1M, and assets of $128.3M (revenue +7.9% year-over-year).
- 2020: Revenue of $52.2M, expenses of $66.2M, and assets of $123.4M (revenue -14.8% year-over-year).
- 2019: Revenue of $61.3M, expenses of $60.9M, and assets of $126.2M (revenue +3.1% year-over-year).
- 2018: Revenue of $59.4M, expenses of $62.3M, and assets of $81.7M (revenue -7.1% year-over-year).
- 2017: Revenue of $64.0M, expenses of $62.5M, and assets of $87.9M (revenue -1.8% year-over-year).
- 2016: Revenue of $65.2M, expenses of $64.8M, and assets of $85.7M (revenue -3.2% year-over-year).
- 2015: Revenue of $67.3M, expenses of $65.0M, and assets of $82.7M (revenue +5.0% year-over-year).
- 2014: Revenue of $64.1M, expenses of $63.2M, and assets of $83.4M (revenue +7.6% year-over-year).
- 2013: Revenue of $59.6M, expenses of $60.9M, and assets of $88.7M (revenue +2.2% year-over-year).
- 2012: Revenue of $58.3M, expenses of $58.4M, and assets of $88.1M (revenue -13.3% year-over-year).
- 2011: Revenue of $67.3M, expenses of $50.3M, and assets of $88.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Anns Home For The Aged:
Data Sources and Methodology
This transparency report for St Anns Home For The Aged 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.