St Joseph's Health Fund
Overview
Mission
Solicit contributions from the general public, generally in the New York metropolitan area, for the benefit of sjmc, inc.
What it reported doing in 2024
The health fund is a supporting organization to benefit sjmc, inc., an affiliate of st. Joseph's medical center, not-for-profit corporation established under 501(c)(3) of the code.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The nonprofit carried out 99% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 133833645
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- Yonkers, NY, USA
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
The verdict
SUPPORTED - Most voting board members are independent and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for setting executive pay.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40.3%; rating input score 40
- Program expense ratio: 54.6%; rating input score 55
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 45.8%; rating input score 91; 91st percentile among comparable filings
- Operating reserve ratio: 7.7; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 19.9%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 13.6% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 15.6% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 40.3% of revenue deployed · 54.6% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $620K in reported program spending
- Leadership: top reported pay $1.5M · 7 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $351K reported
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 14 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.