Wny Catholic Long Term Care Inc
Wny Catholic Long Term Care Inc. consistently operates at a deficit with liabilities exceeding assets.
EIN: 161434368 · Buffalo, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21.1M |
| Total Expenses | $22.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $-16,476,892 |
| Transparency Score | 45/100 |
Is Wny Catholic Long Term Care Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wny Catholic Long Term Care Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wny Catholic Long Term Care Inc
Wny Catholic Long Term Care Inc (EIN: 161434368) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $21.1M and total assets of $13.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wny Catholic Long Term Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wny Catholic Long Term Care Inc is a large nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.0M |
| Total Expenses | $22.6M |
| Surplus / Deficit | $-2,566,634 |
| Total Assets | $12.9M |
| Total Liabilities | $29.4M |
| Net Assets | $-16,476,892 |
| Operating Margin | -12.8% |
| Debt-to-Asset Ratio | 227.6% |
| Months of Reserves | 6.9 months |
Financial Health Grade: C
In 2023, Wny Catholic Long Term Care Inc reported a deficit of $2.6M with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 227.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wny Catholic Long Term Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.2% | -2.3% | -11.1% |
| 2022 | +36.6% | -7.6% | +10.7% |
| 2021 | -0.8% | -17.0% | -4.0% |
| 2020 | +4.0% | +47.3% | -43.7% |
| 2019 | +0.7% | +4.2% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1946 |
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 Wny Catholic Long Term Care Inc with a Mission Score of 45 out of 100 (Fair). 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, Wny Catholic Long Term Care 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 $2.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 227.6%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all provided filing periods, which is a positive indicator for minimizing administrative overhead related to executive pay, especially for an organization with over $20 million in annual revenue.
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 Wny Catholic Long Term Care Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in recent years (e.g., 2023, 2022, 2021, 2020).
- Liabilities consistently and significantly exceed assets, indicating a negative net asset position.
- Declining asset base from a high of $24,307,139 in 2019 to $12,917,642 in 2023.
Strengths
The following positive indicators were identified for Wny Catholic Long Term Care Inc:
- Reported 0% officer compensation across all available filings, indicating no executive compensation burden.
- Maintains a substantial revenue base, consistently over $15 million annually, suggesting significant operational scale.
Frequently Asked Questions about Wny Catholic Long Term Care Inc
Is Wny Catholic Long Term Care Inc a legitimate charity?
Wny Catholic Long Term Care Inc (EIN: 161434368) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $21.1M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Wny Catholic Long Term Care Inc spend its money?
Wny Catholic Long Term Care Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wny Catholic Long Term Care Inc tax-deductible?
Wny Catholic Long Term Care Inc is registered as a tax-exempt nonprofit (EIN: 161434368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wny Catholic Long Term Care Inc CEO make?
Wny Catholic Long Term Care Inc's highest-compensated officer earns $20 annually. The organization reported $21.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wny Catholic Long Term Care Inc's spending goes to programs?
Wny Catholic Long Term Care Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Wny Catholic Long Term Care Inc located?
Wny Catholic Long Term Care Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161434368.
How many years of IRS 990 filings does Wny Catholic Long Term Care Inc have?
Wny Catholic Long Term Care 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 $21.1M in total revenue.
Is Wny Catholic Long Term Care Inc. financially sustainable?
The organization has consistently reported expenses exceeding revenue for several years (e.g., 2023, 2022, 2021, 2020), indicating a pattern of operational deficits. This trend, coupled with liabilities significantly outweighing assets, raises concerns about long-term financial sustainability.
What is the trend in the organization's net assets?
The organization's liabilities consistently exceed its assets across all provided periods (e.g., 2023 assets $12,917,642 vs. liabilities $29,394,534), indicating a negative net asset position that has persisted and grown over time, suggesting a deteriorating financial equity.
How does the organization manage its expenses relative to its revenue?
Wny Catholic Long Term Care Inc. has struggled to keep expenses below revenue, with significant deficits reported in multiple years. For example, in 2020, expenses were $30,119,507 against revenues of $19,481,412, representing a substantial operational loss.
Filing History
IRS 990 filing history for Wny Catholic Long Term Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wny Catholic Long Term Care Inc's revenue has grown by 18%, moving from $16.9M to $20.0M. Total assets decreased by 41.5% over the same period, from $22.1M to $12.9M. Total functional expenses rose by 38.2%, from $16.3M to $22.6M. In its most recent filing year (2023), Wny Catholic Long Term Care Inc reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $29.4M in liabilities against $12.9M in assets (debt-to-asset ratio: 227.6%), resulting in net assets of $-16,476,892.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.0M | $22.6M | $12.9M | $29.4M | — | — |
| 2022 | $26.4M | $23.1M | $14.5M | $28.4M | — | View 990 |
| 2021 | $19.3M | $25.0M | $13.1M | $31.0M | — | View 990 |
| 2020 | $19.5M | $30.1M | $13.7M | $26.9M | — | View 990 |
| 2019 | $18.7M | $20.5M | $24.3M | $26.4M | — | View 990 |
| 2018 | $18.6M | $19.6M | $23.2M | $23.3M | — | View 990 |
| 2017 | $17.6M | $20.0M | $24.1M | $23.2M | — | View 990 |
| 2016 | $15.2M | $17.8M | $22.4M | $18.8M | — | View 990 |
| 2015 | $16.3M | $17.3M | $23.1M | $17.0M | — | View 990 |
| 2014 | $16.3M | $16.6M | $22.0M | $15.1M | — | View 990 |
| 2013 | $17.1M | $17.6M | $22.4M | $14.5M | — | View 990 |
| 2012 | $16.9M | $16.9M | $22.2M | $14.6M | — | View 990 |
| 2011 | $16.9M | $16.3M | $22.1M | $13.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.0M, expenses of $22.6M, and assets of $12.9M (revenue -24.2% year-over-year).
- 2022: Revenue of $26.4M, expenses of $23.1M, and assets of $14.5M (revenue +36.6% year-over-year).
- 2021: Revenue of $19.3M, expenses of $25.0M, and assets of $13.1M (revenue -0.8% year-over-year).
- 2020: Revenue of $19.5M, expenses of $30.1M, and assets of $13.7M (revenue +4.0% year-over-year).
- 2019: Revenue of $18.7M, expenses of $20.5M, and assets of $24.3M (revenue +0.7% year-over-year).
- 2018: Revenue of $18.6M, expenses of $19.6M, and assets of $23.2M (revenue +5.7% year-over-year).
- 2017: Revenue of $17.6M, expenses of $20.0M, and assets of $24.1M (revenue +16.1% year-over-year).
- 2016: Revenue of $15.2M, expenses of $17.8M, and assets of $22.4M (revenue -7.0% year-over-year).
- 2015: Revenue of $16.3M, expenses of $17.3M, and assets of $23.1M (revenue -0.2% year-over-year).
- 2014: Revenue of $16.3M, expenses of $16.6M, and assets of $22.0M (revenue -4.5% year-over-year).
- 2013: Revenue of $17.1M, expenses of $17.6M, and assets of $22.4M (revenue +1.5% year-over-year).
- 2012: Revenue of $16.9M, expenses of $16.9M, and assets of $22.2M (revenue -0.6% year-over-year).
- 2011: Revenue of $16.9M, expenses of $16.3M, and assets of $22.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wny Catholic Long Term Care Inc:
Data Sources and Methodology
This transparency report for Wny Catholic Long Term Care 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.