St Joseph Medical Group
St Joseph Medical Group shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 208544021 · Hershey, PA · NTEE: E32 · Updated: 2026-03-28
About St Joseph Medical Group
St Joseph Medical Group (EIN: 208544021) is a nonprofit organization based in Hershey, PA, classified under NTEE code E32. The organization reported total revenue of $80.3M and total assets of $20.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Joseph Medical Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Joseph Medical Group 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, St Joseph Medical Group allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity of its size ($80M+ revenue) and suggests that executive salaries are either not paid or are categorized under other expense lines, enhancing perceived financial stewardship.
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 Medical Group's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting full spending efficiency analysis.
- Unusually low or zero reported officer compensation for an organization of this size, which may obscure actual executive remuneration if paid by an affiliate or categorized differently.
Strengths
The following positive indicators were identified for St Joseph Medical Group:
- Consistent and significant revenue growth over the past decade, from $28.3M in 2014 to $74.6M in 2023.
- Substantial growth in assets, indicating increasing capacity or financial strength (from $3.0M in 2019 to $20.7M currently).
- Apparent strong focus on mission delivery, as expenses closely track revenue, suggesting funds are utilized for operations.
- No reported officer compensation, which, if accurate, indicates strong financial stewardship regarding executive pay.
Frequently Asked Questions about St Joseph Medical Group
How does St Joseph Medical Group manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation for an organization with over $80 million in revenue is highly unusual. It could indicate that executive compensation is paid by an affiliated entity, or that salaries are classified under other expense categories such as 'salaries and wages' rather than specifically 'officer compensation' on the IRS Form 990.
What is the primary driver of the significant asset growth in recent years?
Assets grew from $7.5 million in 2022 to $18.8 million in 2023, and further to $20.7 million currently. This substantial increase likely reflects investments in property, plant, and equipment, or an accumulation of cash reserves, possibly for expansion or capital projects.
Is the organization financially sustainable given its near break-even operations?
While the organization generally operates near break-even, with expenses often closely matching or slightly exceeding revenue (e.g., 2023: $74.6M revenue vs. $76.5M expenses), its growing asset base and consistent revenue growth suggest financial stability. The slight deficits in some years are not alarming given the overall trend and asset accumulation.
Filing History
IRS 990 filing history for St Joseph Medical Group showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Joseph Medical Group's revenue has grown by 489.2%, moving from $12.7M to $74.6M. Total assets increased by 929.4% over the same period, from $1.8M to $18.9M. Total functional expenses rose by 517.3%, from $12.4M to $76.5M. In its most recent filing year (2023), St Joseph Medical Group reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $16.9M in liabilities against $18.9M in assets (debt-to-asset ratio: 89.2%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $74.6M | $76.5M | $18.9M | $16.9M | — | — |
| 2022 | $70.8M | $68.9M | $7.5M | $3.6M | — | View 990 |
| 2021 | $64.7M | $63.9M | $5.2M | $3.1M | — | — |
| 2020 | $66.6M | $62.4M | $4.8M | $3.5M | — | — |
| 2019 | $55.8M | $57.4M | $3.0M | $5.8M | — | View 990 |
| 2018 | $48.1M | $49.3M | $2.9M | $4.1M | — | View 990 |
| 2017 | $45.6M | $43.9M | $3.9M | $3.9M | — | View 990 |
| 2016 | $39.5M | $41.2M | $3.6M | $5.3M | — | View 990 |
| 2015 | $32.8M | $33.1M | $3.4M | $2.9M | — | View 990 |
| 2014 | $28.4M | $27.7M | $3.1M | $2.3M | — | View 990 |
| 2013 | $20.8M | $21.7M | $2.2M | $2.1M | — | View 990 |
| 2012 | $17.0M | $17.2M | $2.2M | $1.1M | — | View 990 |
| 2011 | $12.7M | $12.4M | $1.8M | $583K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74.6M, expenses of $76.5M, and assets of $18.9M (revenue +5.5% year-over-year).
- 2022: Revenue of $70.8M, expenses of $68.9M, and assets of $7.5M (revenue +9.4% year-over-year).
- 2021: Revenue of $64.7M, expenses of $63.9M, and assets of $5.2M (revenue -2.8% year-over-year).
- 2020: Revenue of $66.6M, expenses of $62.4M, and assets of $4.8M (revenue +19.3% year-over-year).
- 2019: Revenue of $55.8M, expenses of $57.4M, and assets of $3.0M (revenue +16.1% year-over-year).
- 2018: Revenue of $48.1M, expenses of $49.3M, and assets of $2.9M (revenue +5.4% year-over-year).
- 2017: Revenue of $45.6M, expenses of $43.9M, and assets of $3.9M (revenue +15.4% year-over-year).
- 2016: Revenue of $39.5M, expenses of $41.2M, and assets of $3.6M (revenue +20.5% year-over-year).
- 2015: Revenue of $32.8M, expenses of $33.1M, and assets of $3.4M (revenue +15.6% year-over-year).
- 2014: Revenue of $28.4M, expenses of $27.7M, and assets of $3.1M (revenue +36.7% year-over-year).
- 2013: Revenue of $20.8M, expenses of $21.7M, and assets of $2.2M (revenue +22.3% year-over-year).
- 2012: Revenue of $17.0M, expenses of $17.2M, and assets of $2.2M (revenue +34.1% year-over-year).
- 2011: Revenue of $12.7M, expenses of $12.4M, and assets of $1.8M.
Data Sources and Methodology
This transparency report for St Joseph Medical Group 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.