St Charles Hospital Corp
St Charles Hospital Corp shows consistent operations with recent minor deficits, maintaining substantial assets.
EIN: 111871039 · Prt Jefferson, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $272.7M |
| Total Expenses | $254.1M |
| Program Spending | 90% |
| Net Assets | $-21,187,112 |
| Transparency Score | 80/100 |
Is St Charles Hospital Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Charles Hospital Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Charles Hospital Corp
St Charles Hospital Corp (EIN: 111871039) is a nonprofit organization based in Prt Jefferson, NY, classified under NTEE code E220. The organization reported total revenue of $272.7M and total assets of $159.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Charles Hospital Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Charles Hospital Corp 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 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $248.6M |
| Total Expenses | $254.1M |
| Surplus / Deficit | $-5,457,887 |
| Total Assets | $128.0M |
| Total Liabilities | $149.2M |
| Net Assets | $-21,187,112 |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 116.5% |
| Months of Reserves | 6.0 months |
Financial Health Grade: C
In 2023, St Charles Hospital Corp reported a deficit of $5.5M with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 116.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Charles Hospital Corp's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +2.2% | +3.3% |
| 2022 | -3.0% | +8.1% | -1.7% |
| 2021 | +0.7% | -3.0% | -8.5% |
| 2020 | -2.2% | -2.6% | +15.9% |
| 2019 | -0.7% | +2.0% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| 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 St Charles Hospital Corp with a Mission Score of 80 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, St Charles Hospital Corp 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 $5.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 116.5%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is unusual for an organization of this size and revenue, suggesting that executive compensation may be reported under different categories or within a broader system's consolidated filings, rather than indicating a lack of executive pay.
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 Charles Hospital Corp's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which may obscure actual executive pay.
- Recent trend of expenses exceeding revenue in 2022 and 2023, indicating operational deficits.
- Liabilities consistently exceeding assets across multiple years, suggesting a high debt load.
Strengths
The following positive indicators were identified for St Charles Hospital Corp:
- Consistent high revenue generation, exceeding $200 million annually for over a decade.
- Substantial asset base, with assets generally over $120 million.
- Likely strong program spending given the nature of a hospital and its NTEE code (E220 - General Hospitals).
Frequently Asked Questions about St Charles Hospital Corp
Is St Charles Hospital Corp a legitimate charity?
St Charles Hospital Corp (EIN: 111871039) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $272.7M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does St Charles Hospital Corp spend its money?
St Charles Hospital Corp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to St Charles Hospital Corp tax-deductible?
St Charles Hospital Corp is registered as a tax-exempt nonprofit (EIN: 111871039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Charles Hospital Corp's spending goes to programs?
St Charles Hospital Corp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Charles Hospital Corp compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), St Charles Hospital Corp 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 St Charles Hospital Corp located?
St Charles Hospital Corp is headquartered in Prt Jefferson, New York and files with the IRS under EIN 111871039. It is classified under NTEE code E220.
How many years of IRS 990 filings does St Charles Hospital Corp have?
St Charles Hospital Corp 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 $272.7M in total revenue.
Why is officer compensation consistently reported as 0%?
This could indicate that executive compensation is reported under different expense categories, is part of a larger consolidated system's reporting, or that the specific 'Officer Comp' field in these filings does not capture the full picture of executive remuneration for this entity.
What is the cause of the recent revenue deficits in 2022 and 2023?
The filings show expenses exceeding revenue by $8,572,681 in 2022 and $5,457,887 in 2023. Further investigation into operational costs, patient volume, and reimbursement rates would be needed to understand the specific drivers of these deficits.
How does St Charles Hospital Corp manage its liabilities, which consistently exceed assets?
For example, in 2023, liabilities were $149,219,835 compared to assets of $128,032,723. While common for hospitals to carry significant debt, understanding the nature of these liabilities (e.g., bonds, mortgages) and the repayment strategy is crucial for assessing long-term financial health.
Filing History
IRS 990 filing history for St Charles Hospital Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Charles Hospital Corp's revenue has grown by 46%, moving from $170.3M to $248.6M. Total assets decreased by 2% over the same period, from $130.6M to $128.0M. Total functional expenses rose by 50.1%, from $169.2M to $254.1M. In its most recent filing year (2023), St Charles Hospital Corp reported a deficit of $5.5M, with expenses exceeding revenue. The organization holds $149.2M in liabilities against $128.0M in assets (debt-to-asset ratio: 116.5%), resulting in net assets of $-21,187,112.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $248.6M | $254.1M | $128.0M | $149.2M | — | View 990 |
| 2022 | $240.1M | $248.7M | $124.0M | $139.7M | — | View 990 |
| 2021 | $247.6M | $230.0M | $126.1M | $130.1M | — | View 990 |
| 2020 | $246.0M | $237.2M | $137.9M | $156.7M | — | View 990 |
| 2019 | $251.5M | $243.6M | $119.0M | $140.8M | — | View 990 |
| 2018 | $253.3M | $238.8M | $128.7M | $151.8M | — | View 990 |
| 2017 | $218.7M | $221.5M | $129.9M | $146.2M | — | View 990 |
| 2016 | $235.9M | $234.1M | $136.2M | $149.8M | — | View 990 |
| 2015 | $223.7M | $227.5M | $133.0M | $148.4M | — | View 990 |
| 2014 | $203.4M | $194.3M | $140.5M | $152.3M | — | View 990 |
| 2013 | $181.2M | $182.7M | $133.2M | $154.2M | — | View 990 |
| 2012 | $179.7M | $173.1M | $138.4M | $157.8M | — | View 990 |
| 2011 | $170.3M | $169.2M | $130.6M | $156.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $248.6M, expenses of $254.1M, and assets of $128.0M (revenue +3.5% year-over-year).
- 2022: Revenue of $240.1M, expenses of $248.7M, and assets of $124.0M (revenue -3.0% year-over-year).
- 2021: Revenue of $247.6M, expenses of $230.0M, and assets of $126.1M (revenue +0.7% year-over-year).
- 2020: Revenue of $246.0M, expenses of $237.2M, and assets of $137.9M (revenue -2.2% year-over-year).
- 2019: Revenue of $251.5M, expenses of $243.6M, and assets of $119.0M (revenue -0.7% year-over-year).
- 2018: Revenue of $253.3M, expenses of $238.8M, and assets of $128.7M (revenue +15.9% year-over-year).
- 2017: Revenue of $218.7M, expenses of $221.5M, and assets of $129.9M (revenue -7.3% year-over-year).
- 2016: Revenue of $235.9M, expenses of $234.1M, and assets of $136.2M (revenue +5.5% year-over-year).
- 2015: Revenue of $223.7M, expenses of $227.5M, and assets of $133.0M (revenue +10.0% year-over-year).
- 2014: Revenue of $203.4M, expenses of $194.3M, and assets of $140.5M (revenue +12.2% year-over-year).
- 2013: Revenue of $181.2M, expenses of $182.7M, and assets of $133.2M (revenue +0.9% year-over-year).
- 2012: Revenue of $179.7M, expenses of $173.1M, and assets of $138.4M (revenue +5.5% year-over-year).
- 2011: Revenue of $170.3M, expenses of $169.2M, and assets of $130.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Charles Hospital Corp:
Data Sources and Methodology
This transparency report for St Charles Hospital Corp 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.