St Josephs Hospital Yonkers
St Josephs Hospital Yonkers consistently operates near break-even with growing assets but also increasing liabilities.
EIN: 131740127 · Yonkers, NY · NTEE: E220 · Updated: 2026-03-28
Is St Josephs Hospital Yonkers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Josephs Hospital Yonkers directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Josephs Hospital Yonkers
St Josephs Hospital Yonkers (EIN: 131740127) is a nonprofit organization based in Yonkers, NY, classified under NTEE code E220. The organization reported total revenue of $355.1M and total assets of $294.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Josephs Hospital Yonkers'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 Josephs Hospital Yonkers 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, St Josephs Hospital Yonkers allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with revenues exceeding $300 million. This either indicates that executive compensation is not reported in the officer compensation section or that executives are compensated through other means, requiring further scrutiny for a complete understanding of remuneration practices.
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 Josephs Hospital Yonkers's IRS 990 filings:
- Liabilities consistently exceed assets, indicating potential solvency concerns (e.g., 2023: Assets $283M, Liabilities $316M).
- Consistent reporting of 0% officer compensation for a large organization, which may obscure actual executive remuneration.
- Operating near break-even annually, limiting accumulation of significant reserves for future contingencies or growth.
Strengths
The following positive indicators were identified for St Josephs Hospital Yonkers:
- Strong revenue growth, from $235M in 2019 to $303M in 2023, indicating increasing operational scale.
- Significant asset growth, from $90M in 2019 to $283M in 2023, suggesting expansion or investment in infrastructure.
- Efficient use of funds, with expenses closely matching revenues, implying resources are directly applied to operations.
Frequently Asked Questions about St Josephs Hospital Yonkers
Is St Josephs Hospital Yonkers a legitimate charity?
Based on AI analysis of IRS 990 filings, St Josephs Hospital Yonkers (EIN: 131740127) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does St Josephs Hospital Yonkers spend its money?
St Josephs Hospital Yonkers directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Josephs Hospital Yonkers tax-deductible?
St Josephs Hospital Yonkers is registered as a tax-exempt nonprofit (EIN: 131740127). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is St Josephs Hospital Yonkers financially stable given its liabilities often exceed assets?
While assets have grown significantly, liabilities have consistently outpaced them in recent years (e.g., 2023 assets $283M vs. liabilities $316M). This suggests a reliance on debt or other financial instruments, which could impact long-term stability and warrants deeper analysis of their balance sheet.
How does St Josephs Hospital Yonkers manage to report 0% officer compensation with such high revenue?
The consistent reporting of 0% officer compensation across all filings for an organization with revenues over $300 million is highly unusual. It suggests that executive compensation might be reported under other expense categories or that the organization has a unique compensation structure, which requires further investigation for full transparency.
What is the primary driver of the significant increase in assets from $90M in 2019 to $283M in 2023?
The substantial growth in assets indicates significant investments or acquisitions. Understanding the nature of these assets (e.g., property, equipment, investments) is crucial to assess the organization's strategic direction and future capacity.
Filing History
IRS 990 filing history for St Josephs Hospital Yonkers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Josephs Hospital Yonkers's revenue has grown by 55.7%, moving from $195.2M to $304.0M. Total assets increased by 186% over the same period, from $99.3M to $284.0M. Total functional expenses rose by 51.4%, from $195.0M to $295.1M. In its most recent filing year (2023), St Josephs Hospital Yonkers reported a surplus of $8.9M, with revenue exceeding expenses. The organization holds $316.7M in liabilities against $284.0M in assets (debt-to-asset ratio: 111.5%), resulting in net assets of $-32,680,806.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $304.0M | $295.1M | $284.0M | $316.7M | — | — |
| 2022 | $274.6M | $269.2M | $219.8M | $261.4M | — | View 990 |
| 2021 | $260.1M | $259.7M | $112.8M | $159.3M | — | View 990 |
| 2020 | $261.7M | $260.1M | $128.7M | $175.6M | — | View 990 |
| 2019 | $235.2M | $249.3M | $90.5M | $139.1M | — | View 990 |
| 2018 | $243.3M | $243.3M | $87.4M | $118.9M | — | View 990 |
| 2017 | $231.4M | $232.9M | $99.0M | $130.3M | — | View 990 |
| 2016 | $224.4M | $230.0M | $99.0M | $128.7M | — | View 990 |
| 2015 | $214.8M | $240.1M | $93.3M | $117.5M | — | View 990 |
| 2014 | $216.8M | $216.0M | $101.5M | $100.5M | — | View 990 |
| 2013 | $204.2M | $208.7M | $99.6M | $99.4M | — | View 990 |
| 2012 | $198.7M | $198.2M | $101.1M | $95.8M | — | View 990 |
| 2011 | $195.2M | $195.0M | $99.3M | $94.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $304.0M, expenses of $295.1M, and assets of $284.0M (revenue +10.7% year-over-year).
- 2022: Revenue of $274.6M, expenses of $269.2M, and assets of $219.8M (revenue +5.6% year-over-year).
- 2021: Revenue of $260.1M, expenses of $259.7M, and assets of $112.8M (revenue -0.6% year-over-year).
- 2020: Revenue of $261.7M, expenses of $260.1M, and assets of $128.7M (revenue +11.3% year-over-year).
- 2019: Revenue of $235.2M, expenses of $249.3M, and assets of $90.5M (revenue -3.3% year-over-year).
- 2018: Revenue of $243.3M, expenses of $243.3M, and assets of $87.4M (revenue +5.1% year-over-year).
- 2017: Revenue of $231.4M, expenses of $232.9M, and assets of $99.0M (revenue +3.1% year-over-year).
- 2016: Revenue of $224.4M, expenses of $230.0M, and assets of $99.0M (revenue +4.5% year-over-year).
- 2015: Revenue of $214.8M, expenses of $240.1M, and assets of $93.3M (revenue -0.9% year-over-year).
- 2014: Revenue of $216.8M, expenses of $216.0M, and assets of $101.5M (revenue +6.2% year-over-year).
- 2013: Revenue of $204.2M, expenses of $208.7M, and assets of $99.6M (revenue +2.8% year-over-year).
- 2012: Revenue of $198.7M, expenses of $198.2M, and assets of $101.1M (revenue +1.8% year-over-year).
- 2011: Revenue of $195.2M, expenses of $195.0M, and assets of $99.3M.
Data Sources and Methodology
This transparency report for St Josephs Hospital Yonkers 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.