Virtua Our Lady Of Lourdes Hospital Inc
Virtua Our Lady Of Lourdes Hospital Inc shows consistent revenue growth and positive operating margins over the past five years.
EIN: 210635001 · Marlton, NJ · NTEE: E220 · Updated: 2026-03-28
Is Virtua Our Lady Of Lourdes Hospital Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virtua Our Lady Of Lourdes Hospital Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virtua Our Lady Of Lourdes Hospital Inc
Virtua Our Lady Of Lourdes Hospital Inc (EIN: 210635001) is a nonprofit organization based in Marlton, NJ, classified under NTEE code E220. The organization reported total revenue of $560.5M and total assets of $335.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virtua Our Lady Of Lourdes Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Virtua Our Lady Of Lourdes Hospital 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Virtua Our Lady Of Lourdes Hospital Inc allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with revenues exceeding $400 million. This suggests that executive compensation may be reported elsewhere or structured in a way that is not captured in the 'Officer Comp' field, requiring deeper scrutiny for a full understanding of executive pay practices.
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 Virtua Our Lady Of Lourdes Hospital Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is atypical for an organization of this scale and revenue, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Virtua Our Lady Of Lourdes Hospital Inc:
- Consistent revenue growth, increasing from $162,268,248 in 2019 to $485,053,756 in 2023, indicating strong operational performance.
- Positive operating margins in most recent periods, with revenues exceeding expenses, such as $485,053,756 in revenue against $474,071,212 in expenses in 2023.
- Healthy growth in assets, reaching $301,609,880 in 2023, demonstrating a solid financial foundation.
- Apparent strong program spending efficiency, given the consistent positive operating margins.
Frequently Asked Questions about Virtua Our Lady Of Lourdes Hospital Inc
Is Virtua Our Lady Of Lourdes Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Virtua Our Lady Of Lourdes Hospital Inc (EIN: 210635001) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Virtua Our Lady Of Lourdes Hospital Inc spend its money?
Virtua Our Lady Of Lourdes Hospital Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Virtua Our Lady Of Lourdes Hospital Inc tax-deductible?
Virtua Our Lady Of Lourdes Hospital Inc is registered as a tax-exempt nonprofit (EIN: 210635001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Virtua Our Lady Of Lourdes Hospital Inc manage to report 0% officer compensation given its substantial revenue?
The consistent reporting of 0% officer compensation across all available filings for an organization with revenues exceeding $400 million is highly unusual. This could indicate that executive compensation is reported under different categories, paid by a related entity, or structured in a way that doesn't appear in the 'Officer Comp' field on the 990. Further investigation into the organization's full compensation schedules and related party transactions would be necessary to understand executive pay practices.
What is the organization's long-term strategy for managing its increasing liabilities?
While assets have grown, liabilities have also fluctuated, reaching $136,900,520 in 2023. Understanding the nature of these liabilities (e.g., long-term debt, operational payables) and the organization's strategy for managing them is crucial for assessing long-term financial stability.
What is the primary driver behind the significant revenue growth observed in recent years?
Revenue has increased from $162,268,248 in 2019 to $485,053,756 in 2023. Identifying whether this growth is due to increased patient volume, expanded services, acquisitions, or other factors would provide insight into the organization's operational success and market position.
Filing History
IRS 990 filing history for Virtua Our Lady Of Lourdes Hospital Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Virtua Our Lady Of Lourdes Hospital Inc's revenue has grown by 84.2%, moving from $263.4M to $485.1M. Total assets increased by 9% over the same period, from $276.8M to $301.6M. Total functional expenses rose by 82.3%, from $260.0M to $474.1M. In its most recent filing year (2023), Virtua Our Lady Of Lourdes Hospital Inc reported a surplus of $11.0M, with revenue exceeding expenses. The organization holds $136.9M in liabilities against $301.6M in assets (debt-to-asset ratio: 45.4%), resulting in net assets of $164.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $485.1M | $474.1M | $301.6M | $136.9M | — | — |
| 2022 | $456.6M | $432.1M | $283.7M | $151.1M | — | View 990 |
| 2021 | $410.0M | $376.3M | $282.7M | $175.9M | — | View 990 |
| 2020 | $362.0M | $332.0M | $258.1M | $199.9M | — | View 990 |
| 2019 | $162.3M | $160.6M | $192.4M | $178.0M | — | View 990 |
| 2019 | $328.8M | $455.1M | $94.3M | $185.6M | — | View 990 |
| 2018 | $336.5M | $319.9M | $318.9M | $199.3M | — | View 990 |
| 2017 | $338.3M | $318.0M | $353.2M | $201.8M | — | — |
| 2016 | $328.6M | $302.8M | $417.0M | $182.6M | — | View 990 |
| 2015 | $308.5M | $280.4M | $396.5M | $191.6M | — | View 990 |
| 2014 | $298.1M | $284.0M | $379.2M | $199.9M | — | View 990 |
| 2013 | $144.4M | $136.0M | $317.8M | $157.2M | — | View 990 |
| 2012 | $302.1M | $273.4M | $291.3M | $145.4M | — | View 990 |
| 2011 | $263.4M | $260.0M | $276.8M | $160.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $485.1M, expenses of $474.1M, and assets of $301.6M (revenue +6.2% year-over-year).
- 2022: Revenue of $456.6M, expenses of $432.1M, and assets of $283.7M (revenue +11.4% year-over-year).
- 2021: Revenue of $410.0M, expenses of $376.3M, and assets of $282.7M (revenue +13.3% year-over-year).
- 2020: Revenue of $362.0M, expenses of $332.0M, and assets of $258.1M (revenue +123.1% year-over-year).
- 2019: Revenue of $162.3M, expenses of $160.6M, and assets of $192.4M (revenue -50.6% year-over-year).
- 2019: Revenue of $328.8M, expenses of $455.1M, and assets of $94.3M (revenue -2.3% year-over-year).
- 2018: Revenue of $336.5M, expenses of $319.9M, and assets of $318.9M (revenue -0.5% year-over-year).
- 2017: Revenue of $338.3M, expenses of $318.0M, and assets of $353.2M (revenue +2.9% year-over-year).
- 2016: Revenue of $328.6M, expenses of $302.8M, and assets of $417.0M (revenue +6.5% year-over-year).
- 2015: Revenue of $308.5M, expenses of $280.4M, and assets of $396.5M (revenue +3.5% year-over-year).
- 2014: Revenue of $298.1M, expenses of $284.0M, and assets of $379.2M (revenue +106.4% year-over-year).
- 2013: Revenue of $144.4M, expenses of $136.0M, and assets of $317.8M (revenue -52.2% year-over-year).
- 2012: Revenue of $302.1M, expenses of $273.4M, and assets of $291.3M (revenue +14.7% year-over-year).
- 2011: Revenue of $263.4M, expenses of $260.0M, and assets of $276.8M.
Data Sources and Methodology
This transparency report for Virtua Our Lady Of Lourdes Hospital 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.