St Thomas Community Health Center Inc
St Thomas Community Health Center Inc experiences a recent operating deficit despite long-term revenue and asset growth.
EIN: 141958494 · New Orleans, LA · NTEE: E32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $40.3M |
| Total Expenses | $29.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40,321,837, |
| Net Assets | $20.9M |
| Transparency Score | 85/100 |
Is St Thomas Community Health 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 Thomas Community Health Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Thomas Community Health Center Inc
St Thomas Community Health Center Inc (EIN: 141958494) is a nonprofit organization based in New Orleans, LA, classified under NTEE code E32. The organization reported total revenue of $40.3M and total assets of $35.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Thomas Community Health Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Thomas Community Health Center Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.1M |
| Total Expenses | $29.9M |
| Surplus / Deficit | $-5,707,969 |
| Total Assets | $35.7M |
| Total Liabilities | $14.8M |
| Net Assets | $20.9M |
| Operating Margin | -23.6% |
| Debt-to-Asset Ratio | 41.4% |
| Months of Reserves | 14.4 months |
Financial Health Grade: B
In 2023, St Thomas Community Health Center Inc reported a deficit of $5.7M with expenses exceeding revenue, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 41.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Thomas Community Health Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.2% | -2.4% | -1.0% |
| 2022 | +9.0% | +15.2% | +20.3% |
| 2021 | +16.6% | +1.9% | +12.1% |
| 2020 | +8.9% | +17.1% | +12.9% |
| 2019 | +11.4% | +16.7% | +65.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Thomas Community Health Center 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, St Thomas Community Health 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 $5.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.4%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size (latest revenue $40,321,837, assets $35,875,664), suggesting either that compensation is reported differently or that executive roles are filled by volunteers, which would be a significant strength in terms of resource allocation.
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 Thomas Community Health Center Inc's IRS 990 filings:
- Significant operating deficit in the most recent filing (202312), with expenses exceeding revenue by over $5.7 million.
- Unusually low (0%) reported officer compensation across all filings, which may indicate incomplete reporting or an atypical compensation structure that requires further clarification.
Strengths
The following positive indicators were identified for St Thomas Community Health Center Inc:
- Consistent long-term growth in revenue and assets over the past decade, demonstrating financial stability and expansion.
- Substantial asset base ($35,875,664 latest) providing a strong financial foundation.
- Strong program focus implied by the NTEE code and the absence of reported officer compensation, suggesting resources are directed towards the mission.
- Healthy asset-to-liability ratio, indicating good financial management despite fluctuations in liabilities.
Frequently Asked Questions about St Thomas Community Health Center Inc
Is St Thomas Community Health Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Thomas Community Health Center Inc (EIN: 141958494) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does St Thomas Community Health Center Inc spend its money?
St Thomas Community Health Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Thomas Community Health Center Inc tax-deductible?
St Thomas Community Health Center Inc is registered as a tax-exempt nonprofit (EIN: 141958494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Thomas Community Health Center Inc CEO make?
St Thomas Community Health Center Inc's highest-compensated officer earns $40,321,837, annually. The organization reported $40.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Thomas Community Health Center Inc's spending goes to programs?
St Thomas Community Health Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Thomas Community Health Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), St Thomas Community Health Center Inc is above average for NTEE category E32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Thomas Community Health Center Inc located?
St Thomas Community Health Center Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 141958494. It is classified under NTEE code E32.
How many years of IRS 990 filings does St Thomas Community Health Center Inc have?
St Thomas Community Health 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 $40.3M in total revenue.
Is St Thomas Community Health Center Inc a good charity?
Based on the available data, St Thomas Community Health Center Inc appears to be a good charity. It has a strong history of growth, substantial assets, and consistently reports 0% officer compensation, indicating a strong commitment to its mission. The recent operating deficit in 202312 warrants monitoring, but does not negate its overall positive financial health and program focus.
What caused the operating deficit in the 202312 period?
The provided data does not specify the exact causes of the operating deficit in the 202312 period, where expenses ($29,851,858) exceeded revenue ($24,143,889). Further investigation into the detailed expense categories and revenue streams for that year would be necessary to understand the contributing factors.
How does St Thomas Community Health Center Inc manage its liabilities?
St Thomas Community Health Center Inc's liabilities have fluctuated, reaching a high of $14,801,760 in 202312. While this is a significant increase from previous years, the organization's assets ($35,714,365 in 202312) comfortably cover its liabilities, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for St Thomas Community Health Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Thomas Community Health Center Inc's revenue has grown by 280.4%, moving from $6.3M to $24.1M. Total assets increased by 320.4% over the same period, from $8.5M to $35.7M. Total functional expenses rose by 406.8%, from $5.9M to $29.9M. In its most recent filing year (2023), St Thomas Community Health Center Inc reported a deficit of $5.7M, with expenses exceeding revenue. The organization holds $14.8M in liabilities against $35.7M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $20.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.1M | $29.9M | $35.7M | $14.8M | — | View 990 |
| 2022 | $33.1M | $30.6M | $36.1M | $10.6M | — | View 990 |
| 2021 | $30.4M | $26.6M | $30.0M | $5.4M | — | View 990 |
| 2020 | $26.1M | $26.1M | $26.8M | $7.5M | — | — |
| 2019 | $24.0M | $22.3M | $23.7M | $5.6M | — | View 990 |
| 2018 | $21.5M | $19.1M | $14.3M | $6.0M | — | View 990 |
| 2017 | $18.4M | $17.8M | $14.5M | $8.6M | — | — |
| 2016 | $15.3M | $14.7M | $10.6M | $5.4M | — | View 990 |
| 2015 | $10.9M | $9.3M | $9.0M | $4.3M | — | View 990 |
| 2014 | $7.9M | $7.9M | $7.8M | $4.7M | — | View 990 |
| 2013 | $8.8M | $7.5M | $8.0M | $5.0M | — | View 990 |
| 2012 | $5.6M | $7.3M | $7.0M | $5.3M | — | View 990 |
| 2011 | $6.3M | $5.9M | $8.5M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.1M, expenses of $29.9M, and assets of $35.7M (revenue -27.2% year-over-year).
- 2022: Revenue of $33.1M, expenses of $30.6M, and assets of $36.1M (revenue +9.0% year-over-year).
- 2021: Revenue of $30.4M, expenses of $26.6M, and assets of $30.0M (revenue +16.6% year-over-year).
- 2020: Revenue of $26.1M, expenses of $26.1M, and assets of $26.8M (revenue +8.9% year-over-year).
- 2019: Revenue of $24.0M, expenses of $22.3M, and assets of $23.7M (revenue +11.4% year-over-year).
- 2018: Revenue of $21.5M, expenses of $19.1M, and assets of $14.3M (revenue +16.6% year-over-year).
- 2017: Revenue of $18.4M, expenses of $17.8M, and assets of $14.5M (revenue +20.7% year-over-year).
- 2016: Revenue of $15.3M, expenses of $14.7M, and assets of $10.6M (revenue +40.8% year-over-year).
- 2015: Revenue of $10.9M, expenses of $9.3M, and assets of $9.0M (revenue +36.8% year-over-year).
- 2014: Revenue of $7.9M, expenses of $7.9M, and assets of $7.8M (revenue -9.6% year-over-year).
- 2013: Revenue of $8.8M, expenses of $7.5M, and assets of $8.0M (revenue +56.6% year-over-year).
- 2012: Revenue of $5.6M, expenses of $7.3M, and assets of $7.0M (revenue -11.7% year-over-year).
- 2011: Revenue of $6.3M, expenses of $5.9M, and assets of $8.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Thomas Community Health Center Inc:
Data Sources and Methodology
This transparency report for St Thomas Community Health 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.