St Joseph Hospital
St Joseph Hospital maintains stable financial operations with consistent revenue growth and no reported officer compensation.
EIN: 10212435 · Bangor, ME · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $238.2M |
| Total Expenses | $206.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200 |
| Net Assets | $25.7M |
| Transparency Score | 85/100 |
Is St Joseph Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Joseph Hospital directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Joseph Hospital
St Joseph Hospital (EIN: 10212435) is a nonprofit organization based in Bangor, ME, classified under NTEE code E220. The organization reported total revenue of $238.2M and total assets of $86.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Joseph Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Joseph Hospital 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 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208.4M |
| Total Expenses | $206.3M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $72.1M |
| Total Liabilities | $46.4M |
| Net Assets | $25.7M |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 64.4% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, St Joseph Hospital reported a surplus of $2.1M with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 64.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Joseph Hospital's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +2.7% | +8.9% |
| 2022 | +4.4% | +10.8% | -9.4% |
| 2021 | +15.3% | +13.9% | -6.6% |
| 2020 | -3.1% | -1.9% | +10.4% |
| 2019 | +9.0% | -0.3% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| 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 Joseph Hospital with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, St Joseph Hospital allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.4%.
Executive Compensation Analysis
The provided IRS 990 data consistently reports 0% officer compensation across all filings, which is highly unusual for an organization of this size with revenues exceeding $200 million. This suggests that executive compensation may be reported under different categories or is exceptionally low, contributing positively to perceived efficiency and transparency.
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 Joseph Hospital's IRS 990 filings:
- Unusually low or 0% reported officer compensation for an organization of this size, which may warrant further investigation into how executive pay is categorized.
Strengths
The following positive indicators were identified for St Joseph Hospital:
- Consistent revenue growth over the past decade, indicating financial health and expanding operations.
- Expenses generally kept in line with revenue, demonstrating sound financial management.
- No reported officer compensation, suggesting high efficiency or alternative compensation structures.
- Consistent filing of IRS 990s over 13 periods, indicating strong regulatory compliance and transparency.
Frequently Asked Questions about St Joseph Hospital
Is St Joseph Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, St Joseph Hospital (EIN: 10212435) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does St Joseph Hospital spend its money?
St Joseph Hospital directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Joseph Hospital tax-deductible?
St Joseph Hospital is registered as a tax-exempt nonprofit (EIN: 10212435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Joseph Hospital CEO make?
St Joseph Hospital's highest-compensated officer earns $200 annually. The organization reported $238.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Joseph Hospital's spending goes to programs?
St Joseph Hospital directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Joseph Hospital compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), St Joseph Hospital 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 Joseph Hospital located?
St Joseph Hospital is headquartered in Bangor, Maine and files with the IRS under EIN 10212435. It is classified under NTEE code E220.
How many years of IRS 990 filings does St Joseph Hospital have?
St Joseph Hospital 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 $238.2M in total revenue.
Is St Joseph Hospital a good charity?
Based on the available financial data, St Joseph Hospital appears to be a well-managed and financially stable organization. Its consistent revenue growth, controlled expenses, and lack of reported officer compensation are positive indicators. As a hospital (NTEE E220), its primary function is direct program service, which aligns with charitable goals.
How has St Joseph Hospital's revenue grown over time?
St Joseph Hospital has shown significant revenue growth, increasing from $124,406,224 in 2014 to $208,368,962 in 2023, representing an increase of over 67% in less than a decade.
What is the trend in St Joseph Hospital's assets and liabilities?
Assets have fluctuated but generally shown growth, from $74,781,127 in 2014 to $72,102,182 in 2023, with a peak of $78,254,281 in 2020. Liabilities have also increased, from $45,223,714 in 2014 to $46,443,503 in 2023, indicating a managed balance sheet.
Filing History
IRS 990 filing history for St Joseph Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Joseph Hospital's revenue has grown by 115%, moving from $96.9M to $208.4M. Total assets increased by 30.9% over the same period, from $55.1M to $72.1M. Total functional expenses rose by 133.8%, from $88.3M to $206.3M. In its most recent filing year (2023), St Joseph Hospital reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $46.4M in liabilities against $72.1M in assets (debt-to-asset ratio: 64.4%), resulting in net assets of $25.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208.4M | $206.3M | $72.1M | $46.4M | — | — |
| 2022 | $191.0M | $201.0M | $66.2M | $43.9M | — | View 990 |
| 2021 | $183.0M | $181.3M | $73.1M | $38.1M | — | View 990 |
| 2020 | $158.8M | $159.1M | $78.3M | $48.0M | — | View 990 |
| 2019 | $163.8M | $162.3M | $70.9M | $41.5M | — | View 990 |
| 2018 | $150.3M | $162.8M | $64.7M | $39.7M | — | View 990 |
| 2017 | $149.3M | $147.6M | $77.1M | $38.3M | — | View 990 |
| 2016 | $149.8M | $145.5M | $75.0M | $43.5M | — | View 990 |
| 2015 | $135.5M | $132.9M | $71.0M | $44.8M | — | View 990 |
| 2014 | $124.4M | $112.7M | $74.8M | $45.2M | — | View 990 |
| 2013 | $112.5M | $103.4M | $76.6M | $44.4M | — | View 990 |
| 2012 | $102.4M | $96.0M | $73.8M | $48.4M | — | View 990 |
| 2011 | $96.9M | $88.3M | $55.1M | $34.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208.4M, expenses of $206.3M, and assets of $72.1M (revenue +9.1% year-over-year).
- 2022: Revenue of $191.0M, expenses of $201.0M, and assets of $66.2M (revenue +4.4% year-over-year).
- 2021: Revenue of $183.0M, expenses of $181.3M, and assets of $73.1M (revenue +15.3% year-over-year).
- 2020: Revenue of $158.8M, expenses of $159.1M, and assets of $78.3M (revenue -3.1% year-over-year).
- 2019: Revenue of $163.8M, expenses of $162.3M, and assets of $70.9M (revenue +9.0% year-over-year).
- 2018: Revenue of $150.3M, expenses of $162.8M, and assets of $64.7M (revenue +0.7% year-over-year).
- 2017: Revenue of $149.3M, expenses of $147.6M, and assets of $77.1M (revenue -0.4% year-over-year).
- 2016: Revenue of $149.8M, expenses of $145.5M, and assets of $75.0M (revenue +10.6% year-over-year).
- 2015: Revenue of $135.5M, expenses of $132.9M, and assets of $71.0M (revenue +8.9% year-over-year).
- 2014: Revenue of $124.4M, expenses of $112.7M, and assets of $74.8M (revenue +10.6% year-over-year).
- 2013: Revenue of $112.5M, expenses of $103.4M, and assets of $76.6M (revenue +9.8% year-over-year).
- 2012: Revenue of $102.4M, expenses of $96.0M, and assets of $73.8M (revenue +5.6% year-over-year).
- 2011: Revenue of $96.9M, expenses of $88.3M, and assets of $55.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Joseph Hospital:
Data Sources and Methodology
This transparency report for St Joseph Hospital 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.