St Marys Medical Center Foundation Inc
St Marys Medical Center Foundation Inc shows consistent asset growth and positive net income with no reported officer compensation.
EIN: 141887211 · Huntington, WV · NTEE: E112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $808K |
| Program Spending | 80% |
| Net Assets | $3.4M |
| Transparency Score | 85/100 |
Is St Marys Medical Center Foundation 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 Medical Center Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marys Medical Center Foundation Inc
St Marys Medical Center Foundation Inc (EIN: 141887211) is a nonprofit organization based in Huntington, WV, classified under NTEE code E112. The organization reported total revenue of $6.5M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marys Medical Center Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marys Medical Center Foundation Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $808K |
| Surplus / Deficit | +$245K |
| Total Assets | $3.8M |
| Total Liabilities | $463K |
| Net Assets | $3.4M |
| Operating Margin | 23.3% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 56.8 months |
Financial Health Grade: A
In 2023, St Marys Medical Center Foundation Inc reported a surplus of $245K with revenue exceeding expenses, holds 56.8 months of operating reserves (strong position), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Marys Medical Center Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.3% | -15.1% | +15.8% |
| 2022 | +100.8% | +233.9% | +10.1% |
| 2021 | +13.6% | -50.5% | +48.4% |
| 2020 | +29.5% | +12.0% | +3.9% |
| 2019 | +8.8% | -37.7% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Medical Center Foundation Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, St Marys Medical Center Foundation Inc 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 surplus of $245K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through an affiliated entity, which is a positive indicator for resource allocation directly to the mission.
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 Medical Center Foundation Inc's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data
- Unclear how executive functions are compensated if not through reported officer compensation
Strengths
The following positive indicators were identified for St Marys Medical Center Foundation Inc:
- Consistent asset growth over the past decade, from $1.38M in 2014 to $3.82M in 2023
- Positive net income in recent years (e.g., $244,715 in 2023, $457,419 in 2022)
- Zero reported officer compensation across all available filings
- Robust IRS 990 filing history (13 filings) indicating strong transparency
- Relatively low liabilities compared to assets, indicating good financial stability
Frequently Asked Questions about St Marys Medical Center Foundation Inc
Is St Marys Medical Center Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marys Medical Center Foundation Inc (EIN: 141887211) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does St Marys Medical Center Foundation Inc spend its money?
St Marys Medical Center Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Marys Medical Center Foundation Inc tax-deductible?
St Marys Medical Center Foundation Inc is registered as a tax-exempt nonprofit (EIN: 141887211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Marys Medical Center Foundation Inc's spending goes to programs?
St Marys Medical Center Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Marys Medical Center Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), St Marys Medical Center Foundation Inc is above average for NTEE category E112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Marys Medical Center Foundation Inc located?
St Marys Medical Center Foundation Inc is headquartered in Huntington, West Virginia and files with the IRS under EIN 141887211. It is classified under NTEE code E112.
How many years of IRS 990 filings does St Marys Medical Center Foundation Inc have?
St Marys Medical Center Foundation 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 $6.5M in total revenue.
Is St Marys Medical Center Foundation Inc a good charity?
Based on the provided data, St Marys Medical Center Foundation Inc appears to be a well-managed charity. It demonstrates consistent asset growth, positive net income in recent years, and a strong filing history. The absence of reported officer compensation is also a positive sign for resource allocation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $1,383,919 in 2014 to $3,825,457 in 2023. Revenue has also shown an upward trend, with recent years (2022, 2023) showing strong revenue generation exceeding expenses.
What is the trend in revenue and expenses?
Revenue has fluctuated but shows an overall upward trend, with the highest recent revenues in 2022 ($1,408,563) and 2023 ($1,052,244). Expenses have also increased but generally remain below revenue in recent periods, indicating efficient financial management and positive net income.
Filing History
IRS 990 filing history for St Marys Medical Center Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Marys Medical Center Foundation Inc's revenue has grown by 11.2%, moving from $946K to $1.1M. Total assets increased by 266.4% over the same period, from $1.0M to $3.8M. Total functional expenses rose by 110.5%, from $384K to $808K. In its most recent filing year (2023), St Marys Medical Center Foundation Inc reported a surplus of $245K, with revenue exceeding expenses. The organization holds $463K in liabilities against $3.8M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $808K | $3.8M | $463K | — | — |
| 2022 | $1.4M | $951K | $3.3M | $263K | — | View 990 |
| 2021 | $701K | $285K | $3.0M | $404K | — | View 990 |
| 2020 | $618K | $576K | $2.0M | $7K | — | View 990 |
| 2019 | $477K | $514K | $1.9M | $1K | — | View 990 |
| 2018 | $438K | $826K | $2.0M | $10K | — | View 990 |
| 2017 | $1.4M | $541K | $2.3M | $30K | — | View 990 |
| 2016 | $490K | $448K | $1.4M | $47K | — | View 990 |
| 2015 | $569K | $598K | $1.3M | $32K | — | View 990 |
| 2014 | $635K | $427K | $1.4M | $29K | — | View 990 |
| 2013 | $635K | $737K | $1.2M | $33K | — | View 990 |
| 2012 | $609K | $392K | $1.3M | $48K | — | View 990 |
| 2011 | $946K | $384K | $1.0M | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $808K, and assets of $3.8M (revenue -25.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $951K, and assets of $3.3M (revenue +100.8% year-over-year).
- 2021: Revenue of $701K, expenses of $285K, and assets of $3.0M (revenue +13.6% year-over-year).
- 2020: Revenue of $618K, expenses of $576K, and assets of $2.0M (revenue +29.5% year-over-year).
- 2019: Revenue of $477K, expenses of $514K, and assets of $1.9M (revenue +8.8% year-over-year).
- 2018: Revenue of $438K, expenses of $826K, and assets of $2.0M (revenue -69.6% year-over-year).
- 2017: Revenue of $1.4M, expenses of $541K, and assets of $2.3M (revenue +194.1% year-over-year).
- 2016: Revenue of $490K, expenses of $448K, and assets of $1.4M (revenue -14.0% year-over-year).
- 2015: Revenue of $569K, expenses of $598K, and assets of $1.3M (revenue -10.3% year-over-year).
- 2014: Revenue of $635K, expenses of $427K, and assets of $1.4M (revenue -0.1% year-over-year).
- 2013: Revenue of $635K, expenses of $737K, and assets of $1.2M (revenue +4.4% year-over-year).
- 2012: Revenue of $609K, expenses of $392K, and assets of $1.3M (revenue -35.6% year-over-year).
- 2011: Revenue of $946K, expenses of $384K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marys Medical Center Foundation Inc:
Data Sources and Methodology
This transparency report for St Marys Medical Center Foundation 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.