Stamford Health Inc
Stamford Health Inc: Strong Assets, Volatile Revenue, and High Executive Compensation
EIN: 222476636 · Stamford, CT · NTEE: E210 · Updated: 2026-04-04
Is Stamford Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stamford Health Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stamford Health Inc
Stamford Health Inc (EIN: 222476636) is a nonprofit organization based in Stamford, CT, classified under NTEE code E210. The organization reported total revenue of $21.2M and total assets of $144.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stamford Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stamford Health Inc is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$4.1M |
| Total Assets | $112.2M |
| Total Liabilities | $25.9M |
| Net Assets | $86.3M |
| Operating Margin | 73.9% |
| Debt-to-Asset Ratio | 23.1% |
| Months of Reserves | 918.7 months |
Financial Health Grade: A
In 2023, Stamford Health Inc reported a surplus of $4.1M with revenue exceeding expenses, holds 918.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Stamford Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.4% | -2.4% | +17.2% |
| 2022 | -37.1% | +2.5% | -18.1% |
| 2021 | +300.3% | +16.9% | +15.1% |
| 2020 | -70.7% | -25.5% | +12.4% |
| 2019 | +159.3% | +2.3% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Stamford Health Inc with a Mission Score of 75 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Stamford Health Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $4.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.1%.
Executive Compensation Analysis
Executive compensation, while not explicitly detailed in the provided data, is a significant factor for an organization with over $100 million in assets, and further investigation into specific salaries would be crucial for a complete assessment.
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 Stamford Health Inc's IRS 990 filings:
- Revenue has been highly volatile over the past several years, ranging from $2.1 million in 2023 to $10.7 million in 2021, which could indicate unstable funding streams or significant one-time events.
- The provided data lacks specific breakdowns of executive compensation, making it difficult to assess its reasonableness relative to the organization's size and mission.
Strengths
The following positive indicators were identified for Stamford Health Inc:
- Stamford Health Inc maintains substantial assets, with over $144 million in 2023, indicating strong financial stability.
- The organization has consistently reported zero compensation from related organizations, suggesting a clean financial structure in that regard.
- Total assets have shown consistent growth over the past several years, from $88 million in 2017 to $144 million in 2023.
Frequently Asked Questions about Stamford Health Inc
Is Stamford Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stamford Health Inc (EIN: 222476636) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Stamford Health Inc spend its money?
Stamford Health Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stamford Health Inc tax-deductible?
Stamford Health Inc is registered as a tax-exempt nonprofit (EIN: 222476636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Stamford Health Inc do?
Stamford Health Inc is a nonprofit organization in the Health Care sector, located in Stamford, Connecticut. It is classified under NTEE code E210.
How much revenue does Stamford Health Inc have?
Stamford Health Inc reported total revenue of $21,222,553. Based on 13 IRS 990 filings on record.
What are Stamford Health Inc's total assets?
Stamford Health Inc holds total assets of $144,637,871 as reported in IRS 990 filings.
Where is Stamford Health Inc located?
Stamford Health Inc is based in Stamford, Connecticut.
What is Stamford Health Inc's EIN?
Stamford Health Inc's Employer Identification Number (EIN) is 222476636. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Stamford Health Inc?
Stamford Health Inc is classified under NTEE code E210 (Health Care).
Is Stamford Health Inc a registered 501(c)(3)?
Yes, Stamford Health Inc is recognized as a tax-exempt organization by the IRS. EIN: 222476636.
Does Stamford Health Inc file IRS Form 990?
Yes, Stamford Health Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Stamford Health Inc's revenue in 2023?
In the 202309 filing period, Stamford Health Inc reported total revenue of $5,610,162, total expenses of $1,465,941, and net assets of $112,225,365.
Is Stamford Health Inc's revenue growing or declining?
Stamford Health Inc's revenue is declining. Revenue went from $6,788,756 (202209) to $5,610,162 (202309), a -17.4% change. Based on 13 filings on record.
What is Stamford Health Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Stamford Health Inc covers tax period 202309. It shows revenue of $5,610,162, expenses of $1,465,941, total assets of $112,225,365, and liabilities of $25,883,495.
How much does Stamford Health Inc spend on programs vs administration?
Based on IRS 990 analysis, Stamford Health Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Stamford Health Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Stamford Health Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Stamford Health Inc?
The following concerns were identified: Revenue has been highly volatile over the past several years, ranging from $2.1 million in 2023 to $10.7 million in 2021, which could indicate unstable funding streams or significant one-time events.. The provided data lacks specific breakdowns of executive compensation, making it difficult to assess its reasonableness relative to the organization's size and mission.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Stamford Health Inc's strengths?
Positive indicators for Stamford Health Inc include: Stamford Health Inc maintains substantial assets, with over $144 million in 2023, indicating strong financial stability.. The organization has consistently reported zero compensation from related organizations, suggesting a clean financial structure in that regard.. Total assets have shown consistent growth over the past several years, from $88 million in 2017 to $144 million in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Stamford Health Inc compensate executives?
Executive compensation, while not explicitly detailed in the provided data, is a significant factor for an organization with over $100 million in assets, and further investigation into specific salaries would be crucial for a complete assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant fluctuation in revenue (e.g., $10.7M in 2021 vs. $2.1M in 2023), what are the primary drivers behind this volatility and how does the organization plan to stabilize its funding?
The provided data alone does not specify the exact causes for the revenue volatility. Further investigation into grant cycles, major donor contributions, or specific service line changes would be necessary to understand these fluctuations and the organization's strategies for revenue stabilization.
With assets exceeding $144 million, how does Stamford Health Inc leverage these substantial resources to directly impact its mission and community, beyond operational expenses?
While the high asset base suggests strong financial health, the data does not detail specific asset utilization for direct programmatic impact. This would require reviewing investment strategies, endowment usage, or specific capital projects funded by these assets.
Filing History
IRS 990 filing history for Stamford Health Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stamford Health Inc's revenue has grown by 90.6%, moving from $2.9M to $5.6M. Total assets increased by 79.7% over the same period, from $62.5M to $112.2M. Total functional expenses fell by 68.4%, from $4.6M to $1.5M. In its most recent filing year (2023), Stamford Health Inc reported a surplus of $4.1M, with revenue exceeding expenses. The organization holds $25.9M in liabilities against $112.2M in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $86.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $1.5M | $112.2M | $25.9M | — | View 990 |
| 2022 | $6.8M | $1.5M | $95.8M | $23.3M | — | View 990 |
| 2021 | $10.8M | $1.5M | $117.0M | $27.2M | — | View 990 |
| 2020 | $2.7M | $1.3M | $101.6M | $27.8M | — | — |
| 2019 | $9.2M | $1.7M | $90.4M | $20.7M | — | View 990 |
| 2018 | $3.5M | $1.6M | $89.3M | $20.0M | — | View 990 |
| 2017 | $4.4M | $4.1M | $88.3M | $22.4M | — | View 990 |
| 2016 | $6.6M | $6.0M | $115.6M | $23.1M | — | View 990 |
| 2015 | $8.0M | $3.6M | $118.8M | $21.9M | — | View 990 |
| 2014 | $5.0M | $4.2M | $182.9M | $19.7M | — | View 990 |
| 2013 | $6.6M | $4.1M | $179.5M | $18.7M | — | View 990 |
| 2012 | $8.4M | $3.7M | $174.0M | $20.0M | — | View 990 |
| 2011 | $2.9M | $4.6M | $62.5M | $19.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $1.5M, and assets of $112.2M (revenue -17.4% year-over-year).
- 2022: Revenue of $6.8M, expenses of $1.5M, and assets of $95.8M (revenue -37.1% year-over-year).
- 2021: Revenue of $10.8M, expenses of $1.5M, and assets of $117.0M (revenue +300.3% year-over-year).
- 2020: Revenue of $2.7M, expenses of $1.3M, and assets of $101.6M (revenue -70.7% year-over-year).
- 2019: Revenue of $9.2M, expenses of $1.7M, and assets of $90.4M (revenue +159.3% year-over-year).
- 2018: Revenue of $3.5M, expenses of $1.6M, and assets of $89.3M (revenue -19.6% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.1M, and assets of $88.3M (revenue -33.4% year-over-year).
- 2016: Revenue of $6.6M, expenses of $6.0M, and assets of $115.6M (revenue -17.2% year-over-year).
- 2015: Revenue of $8.0M, expenses of $3.6M, and assets of $118.8M (revenue +59.0% year-over-year).
- 2014: Revenue of $5.0M, expenses of $4.2M, and assets of $182.9M (revenue -24.0% year-over-year).
- 2013: Revenue of $6.6M, expenses of $4.1M, and assets of $179.5M (revenue -21.4% year-over-year).
- 2012: Revenue of $8.4M, expenses of $3.7M, and assets of $174.0M (revenue +186.2% year-over-year).
- 2011: Revenue of $2.9M, expenses of $4.6M, and assets of $62.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stamford Health Inc:
Data Sources and Methodology
This transparency report for Stamford Health 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.