St Peters Hospital
St Peters Hospital shows consistent revenue growth and operational surpluses, with decreasing liabilities over the past decade.
EIN: 141348692 · Albany, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $810.4M |
| Total Expenses | $714.4M |
| Program Spending | 97% |
| CEO/Top Officer Pay | $700 |
| Net Assets | $340.4M |
| Transparency Score | 85/100 |
Is St Peters Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Peters Hospital directs 97% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Peters Hospital
St Peters Hospital (EIN: 141348692) is a nonprofit organization based in Albany, NY, classified under NTEE code E220. The organization reported total revenue of $810.4M and total assets of $672.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Peters Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Peters Hospital is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $736.5M |
| Total Expenses | $714.4M |
| Surplus / Deficit | +$22.1M |
| Total Assets | $560.2M |
| Total Liabilities | $219.7M |
| Net Assets | $340.4M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 39.2% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, St Peters Hospital reported a surplus of $22.1M with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 39.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Peters Hospital's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | -0.1% | +0.9% |
| 2022 | +0.7% | +12.3% | -13.3% |
| 2021 | +4.5% | +3.2% | +9.4% |
| 2020 | +1.1% | +0.7% | -5.7% |
| 2019 | +7.7% | +4.3% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| 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 Peters Hospital 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: 2%
- programs: 97%
- fundraising: 1%
According to IRS 990 filings, St Peters Hospital allocates its expenses as follows: admin: 2%, programs: 97%, fundraising: 1%. With 97% 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 $22.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.2%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of St Peters Hospital's size with revenues exceeding $700 million. This suggests executive compensation may be reported under other expense categories or that the organization has a unique compensation structure, requiring further clarification for full 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 Peters Hospital's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for large organization)
Strengths
The following positive indicators were identified for St Peters Hospital:
- Consistent revenue growth over the past decade (from $512M in 201406 to $736M in 202306)
- Strong operational surpluses in most recent years (e.g., $22M surplus in 202306)
- Significant reduction in liabilities (from $390M in 201406 to $219M in 202306)
- Healthy asset growth and financial stability
- High program spending ratio (estimated 97%)
Frequently Asked Questions about St Peters Hospital
Is St Peters Hospital a legitimate charity?
St Peters Hospital (EIN: 141348692) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $810.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does St Peters Hospital spend its money?
St Peters Hospital directs 97% of its spending to programs and services. Fundraising costs 1%. This exceeds the 65% industry benchmark.
Are donations to St Peters Hospital tax-deductible?
St Peters Hospital is registered as a tax-exempt nonprofit (EIN: 141348692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Peters Hospital CEO make?
St Peters Hospital's highest-compensated officer earns $700 annually. The organization reported $810.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Peters Hospital's spending goes to programs?
St Peters Hospital directs 97% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Peters Hospital compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), St Peters Hospital 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 Peters Hospital located?
St Peters Hospital is headquartered in Albany, New York and files with the IRS under EIN 141348692. It is classified under NTEE code E220.
How many years of IRS 990 filings does St Peters Hospital have?
St Peters Hospital 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 $810.4M in total revenue.
How is executive compensation structured and reported, given the 0% officer compensation listed on all 990 filings?
The consistent reporting of 0% officer compensation across all 13 filings for an organization with over $700 million in revenue is highly unusual. It suggests that executive compensation might be categorized under other expense lines (e.g., salaries and wages for all employees, or professional fees) rather than specifically as 'officer compensation' on the 990, or that the organization's leadership is entirely volunteer-based, which is improbable for an entity of this scale. Further investigation into the detailed expense breakdowns would be necessary to understand the true executive compensation practices.
What is the specific breakdown of program services provided by St Peters Hospital?
As a general hospital (NTEE E220), St Peters Hospital's primary program services would encompass patient care, medical treatments, emergency services, and potentially community health initiatives. The high program spending ratio (estimated at 97%) indicates a strong focus on delivering these core healthcare services, aligning with its mission as a hospital.
What factors contributed to the slight expense exceeding revenue in the 202206 period?
In the 202206 period, St Peters Hospital reported revenues of $713,213,196 and expenses of $714,842,830, resulting in a minor deficit. This could be attributed to various factors such as increased operational costs, investments in new equipment or facilities, higher staffing expenses, or fluctuations in patient volume and reimbursement rates. Without detailed financial statements, the exact causes remain speculative.
Filing History
IRS 990 filing history for St Peters Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Peters Hospital's revenue has grown by 62.4%, moving from $453.5M to $736.5M. Total assets decreased by 3.8% over the same period, from $582.3M to $560.2M. Total functional expenses rose by 60.9%, from $444.1M to $714.4M. In its most recent filing year (2023), St Peters Hospital reported a surplus of $22.1M, with revenue exceeding expenses. The organization holds $219.7M in liabilities against $560.2M in assets (debt-to-asset ratio: 39.2%), resulting in net assets of $340.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $736.5M | $714.4M | $560.2M | $219.7M | — | View 990 |
| 2022 | $713.2M | $714.8M | $555.3M | $248.4M | — | View 990 |
| 2021 | $708.0M | $636.5M | $640.6M | $317.4M | — | View 990 |
| 2020 | $677.5M | $616.7M | $585.5M | $307.6M | — | View 990 |
| 2019 | $670.4M | $612.1M | $621.1M | $339.2M | — | View 990 |
| 2018 | $622.7M | $586.8M | $603.3M | $336.2M | — | View 990 |
| 2017 | $633.4M | $591.0M | $623.0M | $347.7M | — | View 990 |
| 2016 | $593.5M | $552.1M | $627.7M | $361.9M | — | View 990 |
| 2015 | $555.0M | $502.3M | $624.7M | $358.1M | — | View 990 |
| 2014 | $512.4M | $472.6M | $670.7M | $390.8M | — | View 990 |
| 2013 | $241.3M | $231.5M | $591.2M | $333.4M | — | View 990 |
| 2012 | $466.1M | $442.5M | $571.0M | $329.6M | — | View 990 |
| 2011 | $453.5M | $444.1M | $582.3M | $349.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $736.5M, expenses of $714.4M, and assets of $560.2M (revenue +3.3% year-over-year).
- 2022: Revenue of $713.2M, expenses of $714.8M, and assets of $555.3M (revenue +0.7% year-over-year).
- 2021: Revenue of $708.0M, expenses of $636.5M, and assets of $640.6M (revenue +4.5% year-over-year).
- 2020: Revenue of $677.5M, expenses of $616.7M, and assets of $585.5M (revenue +1.1% year-over-year).
- 2019: Revenue of $670.4M, expenses of $612.1M, and assets of $621.1M (revenue +7.7% year-over-year).
- 2018: Revenue of $622.7M, expenses of $586.8M, and assets of $603.3M (revenue -1.7% year-over-year).
- 2017: Revenue of $633.4M, expenses of $591.0M, and assets of $623.0M (revenue +6.7% year-over-year).
- 2016: Revenue of $593.5M, expenses of $552.1M, and assets of $627.7M (revenue +6.9% year-over-year).
- 2015: Revenue of $555.0M, expenses of $502.3M, and assets of $624.7M (revenue +8.3% year-over-year).
- 2014: Revenue of $512.4M, expenses of $472.6M, and assets of $670.7M (revenue +112.3% year-over-year).
- 2013: Revenue of $241.3M, expenses of $231.5M, and assets of $591.2M (revenue -48.2% year-over-year).
- 2012: Revenue of $466.1M, expenses of $442.5M, and assets of $571.0M (revenue +2.8% year-over-year).
- 2011: Revenue of $453.5M, expenses of $444.1M, and assets of $582.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Peters Hospital:
Data Sources and Methodology
This transparency report for St Peters 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.