St Marys Center Inc
St Marys Center Inc consistently operates at a deficit, spending more than it earns in recent years.
EIN: 133591762 · New York, NY · NTEE: G810 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $8.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $4.5M |
| Transparency Score | 75/100 |
Is St Marys Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Marys Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marys Center Inc
St Marys Center Inc (EIN: 133591762) is a nonprofit organization based in New York, NY, classified under NTEE code G810. The organization reported total revenue of $7.8M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marys Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marys Center Inc is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $8.8M |
| Surplus / Deficit | $-1,543,197 |
| Total Assets | $7.8M |
| Total Liabilities | $3.3M |
| Net Assets | $4.5M |
| Operating Margin | -21.3% |
| Debt-to-Asset Ratio | 42.1% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, St Marys Center Inc reported a deficit of $1.5M with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 42.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Marys Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.8% | +3.1% | -9.9% |
| 2022 | -5.1% | +2.2% | -14.0% |
| 2021 | -5.7% | -1.4% | +6.2% |
| 2020 | +8.5% | -4.8% | +14.7% |
| 2019 | -8.1% | -4.4% | -12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Marys Center Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, St Marys Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive sign, suggesting that all available funds are directed towards program services and operational needs rather than executive salaries, especially for an organization with annual revenues typically exceeding $7 million.
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 Marys Center Inc's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in most recent years (e.g., $1.5M deficit in 2023).
- Declining revenue trend from $9.4M in 2015 to $7.2M in 2023.
Strengths
The following positive indicators were identified for St Marys Center Inc:
- Zero officer compensation reported across all filings, indicating strong commitment to mission spending.
- Healthy asset base ($14,028,580) providing financial stability despite operational deficits.
- Consistent filing history demonstrating transparency and compliance.
Frequently Asked Questions about St Marys Center Inc
Is St Marys Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marys Center Inc (EIN: 133591762) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does St Marys Center Inc spend its money?
St Marys Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Marys Center Inc tax-deductible?
St Marys Center Inc is registered as a tax-exempt nonprofit (EIN: 133591762). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Marys Center Inc CEO make?
St Marys Center Inc's highest-compensated officer earns $7 annually. The organization reported $7.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Marys Center Inc's spending goes to programs?
St Marys Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Marys Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), St Marys Center Inc is above average for NTEE category G810 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Marys Center Inc located?
St Marys Center Inc is headquartered in New York, New York and files with the IRS under EIN 133591762. It is classified under NTEE code G810.
How many years of IRS 990 filings does St Marys Center Inc have?
St Marys Center Inc 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 $7.8M in total revenue.
Is St Marys Center Inc financially stable given its recurring deficits?
While St Marys Center Inc has reported expenses exceeding revenues in most recent years (e.g., a $1.5M deficit in 2023), its substantial asset base of $14,028,580 provides a buffer. However, sustained deficits could erode these assets over time, necessitating a review of revenue generation or expense management.
What is the trend in St Marys Center Inc's revenue and expenses?
Revenue has fluctuated, generally decreasing from a high of $9.4M in 2015 to $7.2M in 2023. Expenses have also varied but have consistently exceeded revenue in recent periods, leading to operational deficits.
How does St Marys Center Inc's asset-to-liability ratio look?
The organization maintains a strong asset-to-liability ratio. For example, in 2023, assets were $7,811,199 against liabilities of $3,288,071, indicating a healthy financial position to cover its obligations. The latest reported assets are $14,028,580.
Filing History
IRS 990 filing history for St Marys Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Marys Center Inc's revenue has declined by 22.9%, moving from $9.4M to $7.3M. Total assets decreased by 31.9% over the same period, from $11.5M to $7.8M. Total functional expenses fell by 3.9%, from $9.2M to $8.8M. In its most recent filing year (2023), St Marys Center Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $3.3M in liabilities against $7.8M in assets (debt-to-asset ratio: 42.1%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.3M | $8.8M | $7.8M | $3.3M | — | — |
| 2022 | $7.5M | $8.5M | $8.7M | $2.6M | — | View 990 |
| 2021 | $8.0M | $8.4M | $10.1M | $3.0M | — | View 990 |
| 2020 | $8.4M | $8.5M | $9.5M | $2.0M | — | — |
| 2019 | $7.8M | $8.9M | $8.3M | $2.3M | — | View 990 |
| 2018 | $8.5M | $9.3M | $9.5M | $2.4M | — | View 990 |
| 2017 | $8.9M | $8.5M | $11.0M | $3.1M | — | — |
| 2016 | $9.2M | $9.0M | $9.2M | $1.7M | — | View 990 |
| 2015 | $9.4M | $9.0M | $10.4M | $3.1M | — | View 990 |
| 2014 | $9.4M | $9.2M | $10.3M | $3.4M | — | View 990 |
| 2013 | $9.1M | $8.9M | $10.3M | $3.7M | — | View 990 |
| 2012 | $9.3M | $8.8M | $10.6M | $4.1M | — | View 990 |
| 2011 | $9.4M | $9.2M | $11.5M | $5.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.3M, expenses of $8.8M, and assets of $7.8M (revenue -3.8% year-over-year).
- 2022: Revenue of $7.5M, expenses of $8.5M, and assets of $8.7M (revenue -5.1% year-over-year).
- 2021: Revenue of $8.0M, expenses of $8.4M, and assets of $10.1M (revenue -5.7% year-over-year).
- 2020: Revenue of $8.4M, expenses of $8.5M, and assets of $9.5M (revenue +8.5% year-over-year).
- 2019: Revenue of $7.8M, expenses of $8.9M, and assets of $8.3M (revenue -8.1% year-over-year).
- 2018: Revenue of $8.5M, expenses of $9.3M, and assets of $9.5M (revenue -5.3% year-over-year).
- 2017: Revenue of $8.9M, expenses of $8.5M, and assets of $11.0M (revenue -2.4% year-over-year).
- 2016: Revenue of $9.2M, expenses of $9.0M, and assets of $9.2M (revenue -3.0% year-over-year).
- 2015: Revenue of $9.4M, expenses of $9.0M, and assets of $10.4M (revenue +1.0% year-over-year).
- 2014: Revenue of $9.4M, expenses of $9.2M, and assets of $10.3M (revenue +3.2% year-over-year).
- 2013: Revenue of $9.1M, expenses of $8.9M, and assets of $10.3M (revenue -2.6% year-over-year).
- 2012: Revenue of $9.3M, expenses of $8.8M, and assets of $10.6M (revenue -1.1% year-over-year).
- 2011: Revenue of $9.4M, expenses of $9.2M, and assets of $11.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marys Center Inc:
Data Sources and Methodology
This transparency report for St Marys Center Inc 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.