St Mary's Hospital
St. Mary's Hospital: Declining Revenue and Significant Losses Raise Concerns
EIN: 221494446 · Passaic, NJ · Updated: 2026-04-04
About St Mary's Hospital
St Mary's Hospital (EIN: 221494446) is a nonprofit organization based in Passaic, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Mary's Hospital'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 Mary's Hospital with a Mission Score of 45 out of 100 (Fair). 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: 70%
- fundraising: 15%
According to IRS 990 filings, St Mary's Hospital allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided financial data.
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 Mary's Hospital's IRS 990 filings:
- Significant and unexplained drop in revenue from $163,413,734 in 2013 to $88,837,529 in 2014.
- Consistent reporting of expenses exceeding revenue in multiple years (2011, 2012), indicating operational losses.
- Lack of detailed information regarding the nature of the 'c0%' field across all years, which could represent compensation or other critical data.
Strengths
The following positive indicators were identified for St Mary's Hospital:
- Operates as a hospital, suggesting direct community benefit through healthcare services.
Frequently Asked Questions about St Mary's Hospital
What does St Mary's Hospital do?
St Mary's Hospital is a nonprofit organization in the Unknown sector, located in Passaic, New Jersey. It is classified under NTEE code Unknown.
How much revenue does St Mary's Hospital have?
St Mary's Hospital reported total revenue of N/A. Based on 4 IRS 990 filings on record.
What are St Mary's Hospital's total assets?
St Mary's Hospital holds total assets of N/A as reported in IRS 990 filings.
Where is St Mary's Hospital located?
St Mary's Hospital is based in Passaic, New Jersey.
What is St Mary's Hospital's EIN?
St Mary's Hospital's Employer Identification Number (EIN) is 221494446. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is St Mary's Hospital?
St Mary's Hospital is classified under NTEE code Unknown (Unknown).
Is St Mary's Hospital a registered 501(c)(3)?
St Mary's Hospital appears in IRS records (EIN: 221494446). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does St Mary's Hospital file IRS Form 990?
Yes, St Mary's Hospital has 4 IRS Form 990 filings on record. The most recent covers tax period 201412.
What was St Mary's Hospital's revenue in 2014?
In the 201412 filing period, St Mary's Hospital reported total revenue of $88,837,529, total expenses of $88,233,144, and net assets of N/A.
Is St Mary's Hospital's revenue growing or declining?
St Mary's Hospital's revenue is declining. Revenue went from $163,413,734 (201312) to $88,837,529 (201412), a -45.6% change. Based on 4 filings on record.
What is St Mary's Hospital's most recent 990 filing?
The most recent IRS Form 990 filing for St Mary's Hospital covers tax period 201412. It shows revenue of $88,837,529, expenses of $88,233,144, total assets of N/A, and liabilities of N/A.
How much does St Mary's Hospital spend on programs vs administration?
Based on IRS 990 analysis, St Mary's Hospital allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is St Mary's Hospital a trustworthy charity?
Based on AI analysis of IRS 990 data, St Mary's Hospital shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for St Mary's Hospital?
The following concerns were identified: Significant and unexplained drop in revenue from $163,413,734 in 2013 to $88,837,529 in 2014.. Consistent reporting of expenses exceeding revenue in multiple years (2011, 2012), indicating operational losses.. Lack of detailed information regarding the nature of the 'c0%' field across all years, which could represent compensation or other critical data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are St Mary's Hospital's strengths?
Positive indicators for St Mary's Hospital include: Operates as a hospital, suggesting direct community benefit through healthcare services.. These findings are derived from AI analysis of the organization's financial filings.
How does St Mary's Hospital compensate executives?
Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the precipitous drop in revenue by nearly 50% between 2013 and 2014?
The provided data does not offer an explanation for the sharp decline in revenue from $163,413,734 in 2013 to $88,837,529 in 2014, which warrants further investigation into operational changes, asset sales, or reporting anomalies.
Filing History
IRS 990 filing history for St Mary's Hospital showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), St Mary's Hospital's revenue has declined by 41.8%, moving from $152.5M to $88.8M. Total assets decreased by 100% over the same period, from $66.5M to $0. Total functional expenses fell by 49.6%, from $175.1M to $88.2M. In its most recent filing year (2014), St Mary's Hospital reported a surplus of $604K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2014 | $88.8M | $88.2M | $0 | $0 | — | View 990 |
| 2013 | $163.4M | $157.7M | $66.9M | $142.0M | — | View 990 |
| 2012 | $168.1M | $169.8M | $48.3M | $126.9M | — | View 990 |
| 2011 | $152.5M | $175.1M | $66.5M | $144.2M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $88.8M, expenses of $88.2M, and assets of $0 (revenue -45.6% year-over-year).
- 2013: Revenue of $163.4M, expenses of $157.7M, and assets of $66.9M (revenue -2.8% year-over-year).
- 2012: Revenue of $168.1M, expenses of $169.8M, and assets of $48.3M (revenue +10.2% year-over-year).
- 2011: Revenue of $152.5M, expenses of $175.1M, and assets of $66.5M.
Data Sources and Methodology
This transparency report for St Mary's Hospital 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.