Quick charity verification for Memorial Sloan Kettering Cancer Center (EIN: 20597827)
Verdict: Memorial Sloan Kettering Cancer Center shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Consistent reporting of 0% officer compensation, which may obscure actual executive pay.
Recurring operational deficits where expenses exceed revenue in most recent years (e.g., 2018, 2017, 2016).
Significant decline in total assets over the past decade, from $7.1M in 2010 to $2.6M in 2018.
Strengths
Consistent high level of expenses, suggesting significant program activity and investment in its mission.
Maintains substantial assets, even with a decline, indicating a base of financial resources.
Spending Breakdown
How Memorial Sloan Kettering Cancer Center 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 Memorial Sloan Kettering Cancer Center
Is Memorial Sloan Kettering Cancer Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Memorial Sloan Kettering Cancer Center (EIN: 20597827) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Memorial Sloan Kettering Cancer Center a good charity to donate to?
Memorial Sloan Kettering Cancer Center has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Memorial Sloan Kettering Cancer Center?
The Employer Identification Number (EIN) for Memorial Sloan Kettering Cancer Center is 20597827. 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 Memorial Sloan Kettering Cancer Center spend its money?
Memorial Sloan Kettering Cancer Center allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Memorial Sloan Kettering Cancer Center's tax-exempt status?
You can verify Memorial Sloan Kettering Cancer Center's tax-exempt status using EIN 20597827 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
Memorial Sloan Kettering Cancer Center (MSKCC) demonstrates a consistent pattern of operating with expenses exceeding revenue in most recent years, as seen in 2018 ($8.9M expenses vs. $8.1M revenue) and 2017 ($9.3M expenses vs. $7.7M revenue). While this could indicate significant investment in programs, it also suggests a reliance on prior year surpluses or other funding sources not immediately apparent in the annual revenue figures. The organization's assets have fluctuated, decreasing from $7.1M in 2010 to $2.6M in 2018, while liabilities have remained relatively stable, indicating a potential draw-down on reserves or a shift in asset management strategy. The consistent reporting of 0% officer compensation across all filings suggests that executive salaries are either not reported in this specific section or are covered by a related entity, which could impact the perceived transparency of executive pay.