St Marys Healthcare
St Marys Healthcare faces persistent operational deficits despite substantial assets.
EIN: 141347719 · Amsterdam, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $184.8M |
| Total Expenses | $185.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $150 |
| Net Assets | $117.0M |
| Transparency Score | 65/100 |
Is St Marys Healthcare Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Marys Healthcare directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marys Healthcare
St Marys Healthcare (EIN: 141347719) is a nonprofit organization based in Amsterdam, NY, classified under NTEE code E220. The organization reported total revenue of $184.8M and total assets of $148.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marys Healthcare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marys Healthcare is a major nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164.2M |
| Total Expenses | $185.7M |
| Surplus / Deficit | $-21,502,299 |
| Total Assets | $156.6M |
| Total Liabilities | $39.7M |
| Net Assets | $117.0M |
| Operating Margin | -13.1% |
| Debt-to-Asset Ratio | 25.3% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, St Marys Healthcare reported a deficit of $21.5M with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 25.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), St Marys Healthcare's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +0.8% | -11.6% |
| 2022 | -1.7% | +5.2% | -12.6% |
| 2021 | -5.4% | -5.8% | +14.0% |
| 2020 | -0.1% | +1.4% | +4.6% |
| 2019 | +2.8% | +5.7% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Marys Healthcare with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, St Marys Healthcare allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $21.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.3%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Comp across all periods, which is highly unusual for an organization with revenues exceeding $150 million annually. This suggests that executive compensation may be reported under different categories or is not fully disclosed in the summary data, impacting transparency.
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 Healthcare's IRS 990 filings:
- Consistent operational deficits (e.g., $21.5M deficit in 2023)
- Unusual reporting of 0% officer compensation for a large organization
- Declining assets in recent years (from $202.7M in 2021 to $156.6M in 2023)
Strengths
The following positive indicators were identified for St Marys Healthcare:
- Substantial asset base ($148.7M latest reported)
- Long operating history with 14 IRS 990 filings
- Significant revenue indicating large scale of operations and community service
Frequently Asked Questions about St Marys Healthcare
Is St Marys Healthcare a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marys Healthcare (EIN: 141347719) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does St Marys Healthcare spend its money?
St Marys Healthcare directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Marys Healthcare tax-deductible?
St Marys Healthcare is registered as a tax-exempt nonprofit (EIN: 141347719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Marys Healthcare CEO make?
St Marys Healthcare's highest-compensated officer earns $150 annually. The organization reported $184.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Marys Healthcare's spending goes to programs?
St Marys Healthcare directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Marys Healthcare compare to similar nonprofits?
With a transparency score of 65/100 (Good), St Marys Healthcare 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 Marys Healthcare located?
St Marys Healthcare is headquartered in Amsterdam, New York and files with the IRS under EIN 141347719. It is classified under NTEE code E220.
How many years of IRS 990 filings does St Marys Healthcare have?
St Marys Healthcare has 14 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 $184.8M in total revenue.
How does St Marys Healthcare cover its consistent operational deficits?
The organization consistently reports expenses exceeding revenue (e.g., $185,684,320 expenses vs. $164,182,021 revenue in 2023). This suggests they are drawing from reserves, receiving significant non-operating income, or relying on other funding mechanisms not detailed in the summary.
Why is Officer Compensation reported as 0% across all filings?
Reporting 0% for Officer Comp for an organization of this size and revenue is highly uncommon. It could mean compensation is bundled into other expense categories, or the provided data is incomplete regarding executive pay, which reduces transparency.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of how expenses are allocated among programs, administration, and fundraising. This information is crucial for assessing spending efficiency and is a key component of a comprehensive financial analysis.
Filing History
IRS 990 filing history for St Marys Healthcare showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), St Marys Healthcare's revenue has grown by 20.4%, moving from $136.4M to $164.2M. Total assets increased by 8.9% over the same period, from $143.8M to $156.6M. Total functional expenses rose by 39.5%, from $133.1M to $185.7M. In its most recent filing year (2023), St Marys Healthcare reported a deficit of $21.5M, with expenses exceeding revenue. The organization holds $39.7M in liabilities against $156.6M in assets (debt-to-asset ratio: 25.3%), resulting in net assets of $117.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164.2M | $185.7M | $156.6M | $39.7M | — | View 990 |
| 2022 | $166.7M | $184.1M | $177.2M | $42.7M | — | View 990 |
| 2021 | $169.6M | $175.1M | $202.8M | $44.7M | — | — |
| 2020 | $179.2M | $185.8M | $177.9M | $83.0M | — | View 990 |
| 2019 | $179.4M | $183.2M | $170.1M | $61.4M | — | View 990 |
| 2018 | $174.6M | $173.3M | $172.6M | $64.5M | — | View 990 |
| 2017 | $168.2M | $172.8M | $172.9M | $67.9M | — | View 990 |
| 2016 | $169.0M | $166.1M | $165.3M | $52.3M | — | View 990 |
| 2015 | $154.1M | $151.7M | $169.8M | $44.2M | — | View 990 |
| 2014 | $74.6M | $73.5M | $171.6M | $41.9M | — | View 990 |
| 2013 | $143.4M | $140.2M | $166.2M | $40.0M | — | View 990 |
| 2012 | $149.1M | $137.5M | $159.0M | $40.9M | — | View 990 |
| 2011 | $143.6M | $136.2M | $148.4M | $33.6M | — | View 990 |
| 2010 | $136.4M | $133.1M | $143.8M | $39.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164.2M, expenses of $185.7M, and assets of $156.6M (revenue -1.5% year-over-year).
- 2022: Revenue of $166.7M, expenses of $184.1M, and assets of $177.2M (revenue -1.7% year-over-year).
- 2021: Revenue of $169.6M, expenses of $175.1M, and assets of $202.8M (revenue -5.4% year-over-year).
- 2020: Revenue of $179.2M, expenses of $185.8M, and assets of $177.9M (revenue -0.1% year-over-year).
- 2019: Revenue of $179.4M, expenses of $183.2M, and assets of $170.1M (revenue +2.8% year-over-year).
- 2018: Revenue of $174.6M, expenses of $173.3M, and assets of $172.6M (revenue +3.8% year-over-year).
- 2017: Revenue of $168.2M, expenses of $172.8M, and assets of $172.9M (revenue -0.5% year-over-year).
- 2016: Revenue of $169.0M, expenses of $166.1M, and assets of $165.3M (revenue +9.7% year-over-year).
- 2015: Revenue of $154.1M, expenses of $151.7M, and assets of $169.8M (revenue +106.4% year-over-year).
- 2014: Revenue of $74.6M, expenses of $73.5M, and assets of $171.6M (revenue -48.0% year-over-year).
- 2013: Revenue of $143.4M, expenses of $140.2M, and assets of $166.2M (revenue -3.8% year-over-year).
- 2012: Revenue of $149.1M, expenses of $137.5M, and assets of $159.0M (revenue +3.8% year-over-year).
- 2011: Revenue of $143.6M, expenses of $136.2M, and assets of $148.4M (revenue +5.3% year-over-year).
- 2010: Revenue of $136.4M, expenses of $133.1M, and assets of $143.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marys Healthcare:
Data Sources and Methodology
This transparency report for St Marys 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.