T 7291 Howard Young Medical Center Trust
Howard Young Medical Center Trust maintains strong assets despite recent operational deficits and no officer compensation.
EIN: 133062211 · Chicago, IL · NTEE: E110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.0M |
| Total Expenses | $2.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $39.8M |
| Transparency Score | 85/100 |
Is T 7291 Howard Young Medical Center Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
T 7291 Howard Young Medical Center Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About T 7291 Howard Young Medical Center Trust
T 7291 Howard Young Medical Center Trust (EIN: 133062211) is a nonprofit organization based in Chicago, IL, classified under NTEE code E110. The organization reported total revenue of $12.0M and total assets of $39.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of T 7291 Howard Young Medical Center Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
T 7291 Howard Young Medical Center Trust is a large nonprofit that has been operating for 53 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-881,111 |
| Total Assets | $39.8M |
| Total Liabilities | $1 |
| Net Assets | $39.8M |
| Operating Margin | -45.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 170.3 months |
Financial Health Grade: B
In 2024, T 7291 Howard Young Medical Center Trust reported a deficit of $881K with expenses exceeding revenue, holds 170.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2024), T 7291 Howard Young Medical Center Trust's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -12.5% | -13.2% | -2.3% |
| 2023 | -12.0% | +10.0% | -2.5% |
| 2022 | -49.2% | +7.1% | -1.0% |
| 2021 | +112.9% | +4.4% | +5.4% |
| 2020 | +24.9% | +42.1% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 T 7291 Howard Young Medical Center Trust 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: 90%
- fundraising: 0%
According to IRS 990 filings, T 7291 Howard Young Medical Center Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $881K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the trust. This suggests a highly efficient use of funds at the leadership level, especially for an organization with assets nearing $40 million.
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 T 7291 Howard Young Medical Center Trust's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 202405, 202305, 202205) where expenses exceeded revenue, potentially drawing down reserves.
Strengths
The following positive indicators were identified for T 7291 Howard Young Medical Center Trust:
- Very strong asset base ($39,772,801 latest) providing significant financial stability.
- Extremely low liabilities (consistently $1 or $0) indicating excellent financial health and minimal debt.
- 0% officer compensation across all filings, suggesting highly efficient use of funds at the executive level.
- Consistent IRS 990 filing history (9 filings) demonstrating good transparency and compliance.
- Significant revenue generation, with latest reported revenue at $12,013,101.
Frequently Asked Questions about T 7291 Howard Young Medical Center Trust
Is T 7291 Howard Young Medical Center Trust a legitimate charity?
T 7291 Howard Young Medical Center Trust (EIN: 133062211) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $12.0M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does T 7291 Howard Young Medical Center Trust spend its money?
T 7291 Howard Young Medical Center Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to T 7291 Howard Young Medical Center Trust tax-deductible?
T 7291 Howard Young Medical Center Trust is registered as a tax-exempt nonprofit (EIN: 133062211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the T 7291 Howard Young Medical Center Trust CEO make?
T 7291 Howard Young Medical Center Trust's highest-compensated officer earns $40 annually. The organization reported $12.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does T 7291 Howard Young Medical Center Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), T 7291 Howard Young Medical Center Trust is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is T 7291 Howard Young Medical Center Trust located?
T 7291 Howard Young Medical Center Trust is headquartered in Chicago, Illinois and files with the IRS under EIN 133062211. It is classified under NTEE code E110.
How many years of IRS 990 filings does T 7291 Howard Young Medical Center Trust have?
T 7291 Howard Young Medical Center Trust has 9 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 $12.0M in total revenue.
Why has the organization consistently reported expenses exceeding revenue in recent years?
The filings from 202205, 202305, and 202405 show expenses ($2,934,151, $3,227,481, $2,801,895 respectively) higher than revenue ($2,495,834, $2,195,790, $1,920,784 respectively). This trend warrants investigation to determine if it's due to strategic spending from reserves or a decline in funding.
What are the specific program services provided by the trust given its NTEE code E110?
The NTEE code E110 indicates a focus on hospitals and primary medical care. Understanding the specific programs would clarify how the trust's substantial assets and expenses are directly supporting its mission.
How does the trust manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive functions may be performed by volunteers, by staff compensated through a related entity, or that the trust's structure does not involve direct compensation for its officers, which is unusual for an organization of this size.
Filing History
IRS 990 filing history for T 7291 Howard Young Medical Center Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), T 7291 Howard Young Medical Center Trust's revenue has grown by 25.9%, moving from $1.5M to $1.9M. Total assets increased by 14.6% over the same period, from $34.7M to $39.8M. Total functional expenses rose by 80.1%, from $1.6M to $2.8M. In its most recent filing year (2024), T 7291 Howard Young Medical Center Trust reported a deficit of $881K, with expenses exceeding revenue. The organization holds $1 in liabilities against $39.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $39.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $2.8M | $39.8M | $1 | — | View 990 |
| 2023 | $2.2M | $3.2M | $40.7M | $1 | — | View 990 |
| 2022 | $2.5M | $2.9M | $41.7M | $1 | — | View 990 |
| 2021 | $4.9M | $2.7M | $42.2M | $1 | — | View 990 |
| 2020 | $2.3M | $2.6M | $40.0M | $1 | — | View 990 |
| 2015 | $1.8M | $1.8M | $36.3M | $0 | — | View 990 |
| 2014 | $2.9M | $1.7M | $36.3M | $0 | — | View 990 |
| 2013 | $2.0M | $1.6M | $35.0M | $0 | — | View 990 |
| 2012 | $1.5M | $1.6M | $34.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.9M, expenses of $2.8M, and assets of $39.8M (revenue -12.5% year-over-year).
- 2023: Revenue of $2.2M, expenses of $3.2M, and assets of $40.7M (revenue -12.0% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.9M, and assets of $41.7M (revenue -49.2% year-over-year).
- 2021: Revenue of $4.9M, expenses of $2.7M, and assets of $42.2M (revenue +112.9% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.6M, and assets of $40.0M (revenue +24.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $36.3M (revenue -36.3% year-over-year).
- 2014: Revenue of $2.9M, expenses of $1.7M, and assets of $36.3M (revenue +48.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.6M, and assets of $35.0M (revenue +28.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $34.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for T 7291 Howard Young Medical Center Trust:
Data Sources and Methodology
This transparency report for T 7291 Howard Young Medical Center Trust 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.