St Joseph Hospital Of Nashua Nh
St Joseph Hospital Of Nashua Nh reports recent operational deficits despite substantial assets and consistent revenue growth.
EIN: 20222215 · Nashua, NH · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $329.1M |
| Total Expenses | $288.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $280 |
| Net Assets | $120.6M |
| Transparency Score | 75/100 |
Is St Joseph Hospital Of Nashua Nh 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 Of Nashua Nh directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Joseph Hospital Of Nashua Nh
St Joseph Hospital Of Nashua Nh (EIN: 20222215) is a nonprofit organization based in Nashua, NH, classified under NTEE code E220. The organization reported total revenue of $329.1M and total assets of $253.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Joseph Hospital Of Nashua Nh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Joseph Hospital Of Nashua Nh 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 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $283.5M |
| Total Expenses | $288.2M |
| Surplus / Deficit | $-4,700,678 |
| Total Assets | $245.2M |
| Total Liabilities | $124.6M |
| Net Assets | $120.6M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 50.8% |
| Months of Reserves | 10.2 months |
Financial Health Grade: C
In 2023, St Joseph Hospital Of Nashua Nh reported a deficit of $4.7M with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 50.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Joseph Hospital Of Nashua Nh's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +3.8% | +2.3% |
| 2022 | -6.6% | +12.4% | -17.6% |
| 2021 | +11.9% | +6.3% | -6.5% |
| 2020 | +0.4% | -1.5% | +13.6% |
| 2019 | +14.8% | +2.1% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Of Nashua Nh 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, St Joseph Hospital Of Nashua Nh 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 deficit of $4.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.8%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is notable for an organization of this size, with revenues exceeding $280 million. This suggests either a highly efficient compensation structure or that executive compensation is reported under different categories not captured by the 'Officer Comp' metric, warranting further investigation for a complete understanding.
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 Of Nashua Nh's IRS 990 filings:
- Recurring operational deficits in recent years (e.g., 202312 and 202212), where expenses exceeded revenue.
- Unclear full picture of executive compensation, despite 0% reported officer compensation, for an organization of this scale.
Strengths
The following positive indicators were identified for St Joseph Hospital Of Nashua Nh:
- Consistent and substantial revenue generation, with latest reported revenue at $329,061,463.
- Strong asset base, with assets reported at $245,199,262 in 202312, providing financial stability.
- Long history of IRS 990 filings (13 filings), indicating good regulatory compliance and transparency.
- NTEE code E220 (General Hospitals) suggests a high proportion of spending is directly on programmatic services.
Frequently Asked Questions about St Joseph Hospital Of Nashua Nh
Is St Joseph Hospital Of Nashua Nh a legitimate charity?
Based on AI analysis of IRS 990 filings, St Joseph Hospital Of Nashua Nh (EIN: 20222215) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does St Joseph Hospital Of Nashua Nh spend its money?
St Joseph Hospital Of Nashua Nh directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Joseph Hospital Of Nashua Nh tax-deductible?
St Joseph Hospital Of Nashua Nh is registered as a tax-exempt nonprofit (EIN: 20222215). 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 Of Nashua Nh CEO make?
St Joseph Hospital Of Nashua Nh's highest-compensated officer earns $280 annually. The organization reported $329.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Joseph Hospital Of Nashua Nh's spending goes to programs?
St Joseph Hospital Of Nashua Nh directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Joseph Hospital Of Nashua Nh compare to similar nonprofits?
With a transparency score of 75/100 (Good), St Joseph Hospital Of Nashua Nh 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 Of Nashua Nh located?
St Joseph Hospital Of Nashua Nh is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20222215. It is classified under NTEE code E220.
How many years of IRS 990 filings does St Joseph Hospital Of Nashua Nh have?
St Joseph Hospital Of Nashua Nh 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 $329.1M in total revenue.
Why has St Joseph Hospital Of Nashua Nh experienced operational deficits in recent years, such as in 202312 and 202212?
The filings show expenses exceeding revenue in these periods (e.g., $288M expenses vs. $283M revenue in 202312), indicating that the cost of operations has outpaced income generation. This could be due to various factors such as increased operational costs, lower reimbursement rates, or strategic investments.
What is the true executive compensation for St Joseph Hospital Of Nashua Nh, given the 0% reported officer compensation?
While the 'Officer Comp' metric consistently shows 0%, it's possible that executive compensation is reported under other categories (e.g., salaries and wages for key employees) or that the specific officers reported in this section receive no direct compensation. A deeper dive into the full 990 forms would be needed to identify total compensation for key management personnel.
How does St Joseph Hospital Of Nashua Nh manage its liabilities, which have fluctuated significantly?
Liabilities have varied, from $124,570,036 in 202312 to $163,212,512 in 202012. This fluctuation suggests active financial management, possibly related to debt financing, capital expenditures, or operational payables. Understanding the composition of these liabilities would provide more insight.
Filing History
IRS 990 filing history for St Joseph Hospital Of Nashua Nh showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Joseph Hospital Of Nashua Nh's revenue has grown by 43.8%, moving from $197.2M to $283.5M. Total assets increased by 9.9% over the same period, from $223.2M to $245.2M. Total functional expenses rose by 67.4%, from $172.2M to $288.2M. In its most recent filing year (2023), St Joseph Hospital Of Nashua Nh reported a deficit of $4.7M, with expenses exceeding revenue. The organization holds $124.6M in liabilities against $245.2M in assets (debt-to-asset ratio: 50.8%), resulting in net assets of $120.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $283.5M | $288.2M | $245.2M | $124.6M | — | — |
| 2022 | $254.2M | $277.7M | $239.6M | $134.4M | — | View 990 |
| 2021 | $272.2M | $247.1M | $290.9M | $135.9M | — | View 990 |
| 2020 | $243.2M | $232.4M | $311.1M | $163.2M | — | View 990 |
| 2019 | $242.2M | $235.8M | $273.7M | $134.9M | — | View 990 |
| 2018 | $211.0M | $230.9M | $260.7M | $141.1M | — | View 990 |
| 2017 | $208.1M | $206.9M | $293.8M | $140.7M | — | View 990 |
| 2016 | $202.1M | $201.8M | $272.2M | $133.6M | — | View 990 |
| 2015 | $181.4M | $173.5M | $264.9M | $135.3M | — | View 990 |
| 2014 | $175.1M | $157.2M | $272.8M | $133.6M | — | View 990 |
| 2013 | $183.0M | $166.6M | $267.8M | $129.3M | — | View 990 |
| 2012 | $188.2M | $170.4M | $258.2M | $134.8M | — | View 990 |
| 2011 | $197.2M | $172.2M | $223.2M | $115.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $283.5M, expenses of $288.2M, and assets of $245.2M (revenue +11.5% year-over-year).
- 2022: Revenue of $254.2M, expenses of $277.7M, and assets of $239.6M (revenue -6.6% year-over-year).
- 2021: Revenue of $272.2M, expenses of $247.1M, and assets of $290.9M (revenue +11.9% year-over-year).
- 2020: Revenue of $243.2M, expenses of $232.4M, and assets of $311.1M (revenue +0.4% year-over-year).
- 2019: Revenue of $242.2M, expenses of $235.8M, and assets of $273.7M (revenue +14.8% year-over-year).
- 2018: Revenue of $211.0M, expenses of $230.9M, and assets of $260.7M (revenue +1.4% year-over-year).
- 2017: Revenue of $208.1M, expenses of $206.9M, and assets of $293.8M (revenue +2.9% year-over-year).
- 2016: Revenue of $202.1M, expenses of $201.8M, and assets of $272.2M (revenue +11.4% year-over-year).
- 2015: Revenue of $181.4M, expenses of $173.5M, and assets of $264.9M (revenue +3.6% year-over-year).
- 2014: Revenue of $175.1M, expenses of $157.2M, and assets of $272.8M (revenue -4.3% year-over-year).
- 2013: Revenue of $183.0M, expenses of $166.6M, and assets of $267.8M (revenue -2.8% year-over-year).
- 2012: Revenue of $188.2M, expenses of $170.4M, and assets of $258.2M (revenue -4.5% year-over-year).
- 2011: Revenue of $197.2M, expenses of $172.2M, and assets of $223.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Joseph Hospital Of Nashua Nh:
Data Sources and Methodology
This transparency report for St Joseph Hospital Of Nashua Nh 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.