Quick charity verification for Greater New York Hospital Association (EIN: 131552496)
Verdict: Greater New York Hospital Association appears trustworthy
75/100Mission Score
$105.8MRevenue
$267.5MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and warrants further scrutiny regarding executive remuneration disclosure.
Significant fluctuations in annual revenue (e.g., $38.5M in 2018 vs. $15.5M in 2023) without clear explanation in the provided data, which could indicate reliance on variable funding sources.
Strengths
Strong and consistently growing asset base, reaching $239,197,641 in 2023, indicating robust financial health and stability.
Consistent generation of revenue surpluses, with revenues often significantly exceeding expenses (e.g., $15.5M revenue vs. $13.7M expenses in 2023), demonstrating effective financial management.
Low liabilities relative to assets across all filings, suggesting prudent financial management and minimal debt burden.
Spending Breakdown
How Greater New York Hospital Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Greater New York Hospital Association
Is Greater New York Hospital Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater New York Hospital Association (EIN: 131552496) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Greater New York Hospital Association a good charity to donate to?
Greater New York Hospital Association has a Mission Score of 75/100. Revenue: $105.8M. Assets: $267.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater New York Hospital Association?
The Employer Identification Number (EIN) for Greater New York Hospital Association is 131552496. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Greater New York Hospital Association spend its money?
Greater New York Hospital Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater New York Hospital Association's tax-exempt status?
You can verify Greater New York Hospital Association's tax-exempt status using EIN 131552496 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Greater New York Hospital Association (GNYHA) demonstrates a consistent pattern of strong financial health, as evidenced by its substantial and growing asset base, which reached $239,197,641 in 2023. The organization consistently generates significant revenue surpluses, with revenues often more than double its expenses, such as in 2023 where revenue was $15,546,109 against expenses of $13,780,288. This indicates effective financial management and a strong capacity to build reserves.
Regarding spending efficiency, GNYHA's filings consistently show a very low percentage of liabilities relative to its assets, suggesting prudent financial management and minimal reliance on debt. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and financial structure, indicating that executive compensation is either not reported in this category or is non-existent, which is unusual for an organization of this size and revenue. Further details on program vs. administrative spending would be needed for a complete efficiency assessment, but the overall financial picture is robust.
While the 0% officer compensation is a striking data point, it also raises questions about the full disclosure of executive remuneration if it exists in other forms. The consistent growth in assets and positive net income across multiple years points to a well-managed and financially stable entity. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency and program focus is limited.