Voluntary Hospitals House Staff Bnfts Pln
Voluntary Hospitals House Staff Bnfts Pln shows consistent revenue growth and zero officer compensation.
EIN: 133029280 · Long Island City, NY · NTEE: Y43 · Updated: 2026-03-28
About Voluntary Hospitals House Staff Bnfts Pln
Voluntary Hospitals House Staff Bnfts Pln (EIN: 133029280) is a nonprofit organization based in Long Island City, NY, classified under NTEE code Y43. The organization reported total revenue of $70.1M and total assets of $85.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voluntary Hospitals House Staff Bnfts Pln'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 Voluntary Hospitals House Staff Bnfts Pln with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Voluntary Hospitals House Staff Bnfts Pln allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly unusual and positive sign for a nonprofit of this size, suggesting a strong commitment to directing all funds towards its stated purpose.
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.
Strengths
The following positive indicators were identified for Voluntary Hospitals House Staff Bnfts Pln:
- Consistent revenue growth, from $27.2M in 2014 to $53.1M in 2023.
- Zero officer compensation reported across all 13 filings, indicating high efficiency and transparency.
- Strong asset growth, from $51M in 2014 to $75.4M in 2023.
- Low liabilities relative to assets, suggesting a strong balance sheet.
- Consistent positive net income in recent years (e.g., $6.9M in 2023, $4.7M in 2022).
Frequently Asked Questions about Voluntary Hospitals House Staff Bnfts Pln
Is Voluntary Hospitals House Staff Bnfts Pln a good charity?
Based on the provided financial data, Voluntary Hospitals House Staff Bnfts Pln appears to be a very well-managed organization. Its consistent revenue growth, increasing assets, and notably 0% officer compensation across all filings are strong indicators of financial health and a commitment to its mission. The low liabilities also suggest responsible financial stewardship.
How has the organization's financial health changed over the last decade?
The organization has shown significant financial growth and improved health over the last decade. Revenue has nearly doubled from $27.2 million in 2014 to $53.1 million in 2023, and assets have increased from $51 million to $75.4 million. This consistent upward trend in both revenue and assets, coupled with generally positive net income, indicates robust financial health.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant for an organization of this size (latest revenue $53.1 million). It means that no funds are being used to pay salaries to the organization's officers, which is an exceptional level of financial efficiency and transparency. This suggests that leadership may be voluntary or compensated through other means not classified as officer compensation, or that the organization's structure minimizes executive salary expenses, allowing more resources to be directed to its beneficiaries.
Filing History
IRS 990 filing history for Voluntary Hospitals House Staff Bnfts Pln showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Voluntary Hospitals House Staff Bnfts Pln's revenue has grown by 119.1%, moving from $24.3M to $53.2M. Total assets increased by 62.9% over the same period, from $46.3M to $75.4M. Total functional expenses rose by 99.7%, from $23.1M to $46.2M. In its most recent filing year (2023), Voluntary Hospitals House Staff Bnfts Pln reported a surplus of $7.0M, with revenue exceeding expenses. The organization holds $5.6M in liabilities against $75.4M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $69.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $53.2M | $46.2M | $75.4M | $5.6M | — | — |
| 2022 | $50.1M | $45.4M | $65.4M | $6.3M | — | View 990 |
| 2021 | $48.4M | $41.6M | $71.6M | $5.4M | — | View 990 |
| 2020 | $43.2M | $35.4M | $62.5M | $4.9M | — | View 990 |
| 2019 | $40.1M | $37.4M | $49.3M | $4.3M | — | View 990 |
| 2018 | $38.0M | $38.1M | $42.6M | $4.3M | — | View 990 |
| 2017 | $34.7M | $35.1M | $43.9M | $3.8M | — | View 990 |
| 2016 | $32.7M | $34.7M | $42.2M | $3.4M | — | View 990 |
| 2015 | $29.3M | $31.9M | $45.9M | $4.0M | — | View 990 |
| 2014 | $27.2M | $28.7M | $51.1M | $3.9M | — | View 990 |
| 2013 | $30.5M | $25.9M | $51.4M | $2.8M | — | View 990 |
| 2012 | $24.0M | $25.4M | $45.5M | $2.9M | — | View 990 |
| 2011 | $24.3M | $23.1M | $46.3M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53.2M, expenses of $46.2M, and assets of $75.4M (revenue +6.1% year-over-year).
- 2022: Revenue of $50.1M, expenses of $45.4M, and assets of $65.4M (revenue +3.5% year-over-year).
- 2021: Revenue of $48.4M, expenses of $41.6M, and assets of $71.6M (revenue +12.2% year-over-year).
- 2020: Revenue of $43.2M, expenses of $35.4M, and assets of $62.5M (revenue +7.6% year-over-year).
- 2019: Revenue of $40.1M, expenses of $37.4M, and assets of $49.3M (revenue +5.7% year-over-year).
- 2018: Revenue of $38.0M, expenses of $38.1M, and assets of $42.6M (revenue +9.4% year-over-year).
- 2017: Revenue of $34.7M, expenses of $35.1M, and assets of $43.9M (revenue +6.1% year-over-year).
- 2016: Revenue of $32.7M, expenses of $34.7M, and assets of $42.2M (revenue +11.6% year-over-year).
- 2015: Revenue of $29.3M, expenses of $31.9M, and assets of $45.9M (revenue +7.7% year-over-year).
- 2014: Revenue of $27.2M, expenses of $28.7M, and assets of $51.1M (revenue -10.6% year-over-year).
- 2013: Revenue of $30.5M, expenses of $25.9M, and assets of $51.4M (revenue +27.1% year-over-year).
- 2012: Revenue of $24.0M, expenses of $25.4M, and assets of $45.5M (revenue -1.2% year-over-year).
- 2011: Revenue of $24.3M, expenses of $23.1M, and assets of $46.3M.
Data Sources and Methodology
This transparency report for Voluntary Hospitals House Staff Bnfts Pln 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.