St Martins Healthcare
St Martins Healthcare consistently allocates 100% of reported officer compensation to programs, demonstrating strong financial efficiency.
EIN: 208609620 · Garrett, IN · NTEE: E32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Program Spending | 100% |
| Net Assets | $1.7M |
| Transparency Score | 95/100 |
Is St Martins Healthcare Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Martins Healthcare directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Martins Healthcare
St Martins Healthcare (EIN: 208609620) is a nonprofit organization based in Garrett, IN, classified under NTEE code E32. The organization reported total revenue of $2.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Martins Healthcare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Martins Healthcare is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$443K |
| Total Assets | $1.7M |
| Total Liabilities | $10K |
| Net Assets | $1.7M |
| Operating Margin | 18.2% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, St Martins Healthcare reported a surplus of $443K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Martins Healthcare's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +257.5% | +150.7% | +70.7% |
| 2022 | +4.3% | +52.3% | -9.7% |
| 2021 | -88.9% | -91.1% | +12.8% |
| 2020 | +164.8% | +160.1% | +4.8% |
| 2019 | -4.0% | -6.2% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Martins Healthcare with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, St Martins Healthcare allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $443K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
St Martins Healthcare consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which significantly reduces administrative overhead.
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.
Strengths
The following positive indicators were identified for St Martins Healthcare:
- Zero reported officer compensation across all filings, indicating high efficiency.
- Consistent generation of financial surpluses in many periods, including $443,241 in 202312.
- Assets consistently and significantly exceed liabilities, demonstrating strong financial health (e.g., $1,724,768 assets vs. $9,793 liabilities in 202312).
- Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
- Strong program focus due to minimal administrative overhead from executive compensation.
Frequently Asked Questions about St Martins Healthcare
Is St Martins Healthcare a legitimate charity?
Based on AI analysis of IRS 990 filings, St Martins Healthcare (EIN: 208609620) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does St Martins Healthcare spend its money?
St Martins Healthcare directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Martins Healthcare tax-deductible?
St Martins Healthcare is registered as a tax-exempt nonprofit (EIN: 208609620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does St Martins Healthcare compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), St Martins Healthcare is above average for NTEE category E32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Martins Healthcare located?
St Martins Healthcare is headquartered in Garrett, Indiana and files with the IRS under EIN 208609620. It is classified under NTEE code E32.
How many years of IRS 990 filings does St Martins Healthcare have?
St Martins Healthcare 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 $2.3M in total revenue.
Is St Martins Healthcare a good charity?
Based on the available IRS 990 data, St Martins Healthcare appears to be a very good charity. It consistently reports 0% officer compensation, indicating high efficiency and a strong focus on its mission. Its assets consistently exceed liabilities, and it has a history of generating surpluses, particularly in the most recent filing period (202312) with a surplus of $443,241.
How does St Martins Healthcare manage its executive compensation?
St Martins Healthcare reports 0% officer compensation in all 13 available IRS 990 filings. This suggests that executive leadership may be volunteer-based or compensated through other means not classified as officer compensation, which is a strong indicator of financial efficiency.
What is the financial trend of St Martins Healthcare's revenue?
St Martins Healthcare's revenue has shown significant fluctuations, ranging from $387,294 in 2014 to a peak of $5,879,830 in 2020. The most recent revenue in 202312 was $2,436,277, indicating variability in its funding streams over time.
Is St Martins Healthcare financially stable?
Yes, St Martins Healthcare appears financially stable. Its assets ($1,724,768 in 202312) consistently exceed its liabilities ($9,793 in 202312), and it has frequently generated surpluses, such as the $443,241 surplus in the 202312 period.
Filing History
IRS 990 filing history for St Martins Healthcare showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Martins Healthcare's revenue has grown by 624.8%, moving from $336K to $2.4M. Total assets increased by 764% over the same period, from $200K to $1.7M. Total functional expenses rose by 553.5%, from $305K to $2.0M. In its most recent filing year (2023), St Martins Healthcare reported a surplus of $443K, with revenue exceeding expenses. The organization holds $10K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.0M | $1.7M | $10K | — | — |
| 2022 | $682K | $795K | $1.0M | $2K | — | View 990 |
| 2021 | $653K | $522K | $1.1M | $1K | — | View 990 |
| 2020 | $5.9M | $5.8M | $992K | $2K | — | View 990 |
| 2019 | $2.2M | $2.2M | $946K | $611 | — | View 990 |
| 2018 | $2.3M | $2.4M | $969K | $612 | — | View 990 |
| 2017 | $3.6M | $3.6M | $1.0M | $846 | — | View 990 |
| 2016 | $2.7M | $2.7M | $1.0M | $2K | — | View 990 |
| 2015 | $410K | $360K | $1.1M | $5K | — | View 990 |
| 2014 | $387K | $430K | $1.0M | $5K | — | View 990 |
| 2013 | $543K | $324K | $865K | $5K | — | View 990 |
| 2012 | $389K | $334K | $255K | $0 | — | View 990 |
| 2011 | $336K | $305K | $200K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.0M, and assets of $1.7M (revenue +257.5% year-over-year).
- 2022: Revenue of $682K, expenses of $795K, and assets of $1.0M (revenue +4.3% year-over-year).
- 2021: Revenue of $653K, expenses of $522K, and assets of $1.1M (revenue -88.9% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.8M, and assets of $992K (revenue +164.8% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.2M, and assets of $946K (revenue -4.0% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.4M, and assets of $969K (revenue -35.5% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.6M, and assets of $1.0M (revenue +32.0% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.7M, and assets of $1.0M (revenue +562.8% year-over-year).
- 2015: Revenue of $410K, expenses of $360K, and assets of $1.1M (revenue +5.9% year-over-year).
- 2014: Revenue of $387K, expenses of $430K, and assets of $1.0M (revenue -28.7% year-over-year).
- 2013: Revenue of $543K, expenses of $324K, and assets of $865K (revenue +39.7% year-over-year).
- 2012: Revenue of $389K, expenses of $334K, and assets of $255K (revenue +15.7% year-over-year).
- 2011: Revenue of $336K, expenses of $305K, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Martins Healthcare:
Data Sources and Methodology
This transparency report for St Martins Healthcare 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.