St Johns Health Care Corporation
St Johns Health Care Corporation faces persistent negative net assets despite consistent revenue, with no reported officer compensation.
EIN: 161469476 · Rochester, NY · NTEE: E910 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38.0M |
| Total Expenses | $40.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40M |
| Net Assets | $-2,483,969 |
| Transparency Score | 70/100 |
Is St Johns Health Care Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Johns Health Care Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Johns Health Care Corporation
St Johns Health Care Corporation (EIN: 161469476) is a nonprofit organization based in Rochester, NY, classified under NTEE code E910. The organization reported total revenue of $38.0M and total assets of $22.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Johns Health Care Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Johns Health Care Corporation is a large nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40.2M |
| Total Expenses | $40.8M |
| Surplus / Deficit | $-554,833 |
| Total Assets | $22.6M |
| Total Liabilities | $25.1M |
| Net Assets | $-2,483,969 |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 111.0% |
| Months of Reserves | 6.7 months |
Financial Health Grade: C
In 2023, St Johns Health Care Corporation reported a deficit of $555K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 111.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Johns Health Care Corporation's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.7% | +0.3% | -6.1% |
| 2022 | -14.0% | +4.5% | -16.1% |
| 2021 | +3.7% | -13.0% | -4.9% |
| 2020 | -15.3% | -2.8% | -5.4% |
| 2019 | +1.8% | -2.9% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Johns Health Care Corporation with a Mission Score of 70 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 Johns Health Care Corporation 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 $555K, with expenses exceeding revenue.
- Debt-to-asset ratio: 111.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of this size ($40M+ revenue) and suggests either a fully volunteer-led executive team or that compensation is reported under different categories, warranting further investigation.
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 Johns Health Care Corporation's IRS 990 filings:
- Persistent negative net assets (liabilities consistently exceed assets, e.g., $25.09M liabilities vs $22.6M assets in 2023).
- Consistent operational deficits in recent years (e.g., $554,833 deficit in 2023, $3.29M deficit in 2022).
- Declining asset base over the past decade (from $33.3M in 2015 to $22.6M in 2023).
- Unusual 0% officer compensation for an organization of this size, which may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for St Johns Health Care Corporation:
- Consistent IRS 990 filing history (13 filings) demonstrates transparency.
- Stable revenue generation over a long period, indicating consistent operational activity.
- Potential for highly efficient leadership if officer compensation is genuinely zero and leadership is volunteer-based.
Frequently Asked Questions about St Johns Health Care Corporation
Is St Johns Health Care Corporation a legitimate charity?
St Johns Health Care Corporation (EIN: 161469476) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $38.0M. 4 red flags identified. 3 strengths noted. Financial health grade: C.
How does St Johns Health Care Corporation spend its money?
St Johns Health Care Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to St Johns Health Care Corporation tax-deductible?
St Johns Health Care Corporation is registered as a tax-exempt nonprofit (EIN: 161469476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Johns Health Care Corporation CEO make?
St Johns Health Care Corporation's highest-compensated officer earns $40M annually. The organization reported $38.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Johns Health Care Corporation's spending goes to programs?
St Johns Health Care Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Johns Health Care Corporation compare to similar nonprofits?
With a transparency score of 70/100 (Good), St Johns Health Care Corporation 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 Johns Health Care Corporation located?
St Johns Health Care Corporation is headquartered in Rochester, New York and files with the IRS under EIN 161469476. It is classified under NTEE code E910.
How many years of IRS 990 filings does St Johns Health Care Corporation have?
St Johns Health Care Corporation 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 $38.0M in total revenue.
Is St Johns Health Care Corporation financially sustainable given its negative net assets?
The organization has consistently reported liabilities exceeding assets for over a decade, indicating negative net assets. While they have maintained operations, this structure suggests a reliance on ongoing revenue to cover obligations rather than a robust reserve, posing long-term sustainability questions.
How does St Johns Health Care Corporation compensate its leadership if officer compensation is 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. This could mean executive leadership is entirely volunteer, or compensation is categorized differently (e.g., as employee salaries rather than officer compensation), which would require reviewing the full 990 for clarity.
What is the cause of the recent operational deficits?
In 2023, expenses ($40,766,906) exceeded revenue ($40,212,073) by over $550,000, and in 2022, expenses ($40,646,436) exceeded revenue ($37,353,254) by over $3.29 million. Understanding the specific drivers of these deficits, such as increased program costs or decreased funding, would require a deeper dive into their functional expenses.
Filing History
IRS 990 filing history for St Johns Health Care Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Johns Health Care Corporation's revenue has declined by 22.3%, moving from $51.7M to $40.2M. Total assets decreased by 39.4% over the same period, from $37.3M to $22.6M. Total functional expenses fell by 22.1%, from $52.3M to $40.8M. In its most recent filing year (2023), St Johns Health Care Corporation reported a deficit of $555K, with expenses exceeding revenue. The organization holds $25.1M in liabilities against $22.6M in assets (debt-to-asset ratio: 111.0%), resulting in net assets of $-2,483,969.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40.2M | $40.8M | $22.6M | $25.1M | — | — |
| 2022 | $37.4M | $40.6M | $24.1M | $25.6M | — | View 990 |
| 2021 | $43.4M | $38.9M | $28.7M | $29.1M | — | View 990 |
| 2020 | $41.9M | $44.7M | $30.2M | $35.0M | — | View 990 |
| 2019 | $49.5M | $46.0M | $31.9M | $34.3M | — | — |
| 2018 | $48.6M | $47.3M | $30.5M | $35.9M | — | View 990 |
| 2017 | $47.9M | $47.4M | $31.8M | $37.3M | — | — |
| 2016 | $51.8M | $48.4M | $33.0M | $44.5M | — | View 990 |
| 2015 | $48.8M | $47.5M | $33.4M | $45.8M | — | View 990 |
| 2014 | $48.0M | $46.6M | $32.1M | $46.6M | — | View 990 |
| 2013 | $47.8M | $49.2M | $34.6M | $42.9M | — | View 990 |
| 2012 | $50.0M | $49.6M | $37.1M | $60.7M | — | View 990 |
| 2011 | $51.7M | $52.3M | $37.3M | $58.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40.2M, expenses of $40.8M, and assets of $22.6M (revenue +7.7% year-over-year).
- 2022: Revenue of $37.4M, expenses of $40.6M, and assets of $24.1M (revenue -14.0% year-over-year).
- 2021: Revenue of $43.4M, expenses of $38.9M, and assets of $28.7M (revenue +3.7% year-over-year).
- 2020: Revenue of $41.9M, expenses of $44.7M, and assets of $30.2M (revenue -15.3% year-over-year).
- 2019: Revenue of $49.5M, expenses of $46.0M, and assets of $31.9M (revenue +1.8% year-over-year).
- 2018: Revenue of $48.6M, expenses of $47.3M, and assets of $30.5M (revenue +1.5% year-over-year).
- 2017: Revenue of $47.9M, expenses of $47.4M, and assets of $31.8M (revenue -7.7% year-over-year).
- 2016: Revenue of $51.8M, expenses of $48.4M, and assets of $33.0M (revenue +6.3% year-over-year).
- 2015: Revenue of $48.8M, expenses of $47.5M, and assets of $33.4M (revenue +1.6% year-over-year).
- 2014: Revenue of $48.0M, expenses of $46.6M, and assets of $32.1M (revenue +0.5% year-over-year).
- 2013: Revenue of $47.8M, expenses of $49.2M, and assets of $34.6M (revenue -4.4% year-over-year).
- 2012: Revenue of $50.0M, expenses of $49.6M, and assets of $37.1M (revenue -3.4% year-over-year).
- 2011: Revenue of $51.7M, expenses of $52.3M, and assets of $37.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Johns Health Care Corporation:
Data Sources and Methodology
This transparency report for St Johns Health Care Corporation 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.