Consistent and substantial revenue growth over a decade, from $719M in 2014 to $2.46B in 2023
Generally positive financial performance with revenues exceeding expenses in most years, indicating sound financial management
Significant growth in assets, reaching $6.72 billion in 2023, enhancing long-term stability
Strong NTEE code (E32 - General Hospitals) aligns with a clear public benefit mission
Spending Breakdown
How Northwell Healthcare Inc 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 Northwell Healthcare Inc
Is Northwell Healthcare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwell Healthcare Inc (EIN: 112965586) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Northwell Healthcare Inc a good charity to donate to?
Northwell Healthcare Inc has a Mission Score of 85/100. Revenue: $3.5B. Assets: $8.5B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northwell Healthcare Inc?
The Employer Identification Number (EIN) for Northwell Healthcare Inc is 112965586. 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 Northwell Healthcare Inc spend its money?
Northwell Healthcare Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northwell Healthcare Inc's tax-exempt status?
You can verify Northwell Healthcare Inc's tax-exempt status using EIN 112965586 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
Northwell Healthcare Inc. demonstrates a strong and consistent financial growth trajectory, with revenue increasing significantly from $719 million in 2014 to over $2.4 billion in 2023. The organization has generally managed its expenses well, often operating with a surplus, as seen in 2023 where revenue of $2.46 billion exceeded expenses of $2.19 billion. This indicates sound financial management and an ability to generate resources for its mission. While specific breakdowns of program, administrative, and fundraising expenses are not directly provided in the summary data, the consistent growth and positive net assets suggest efficient use of funds. The organization's assets have also grown substantially, reaching $6.72 billion in 2023, further solidifying its financial health. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency, indicating that executive compensation is not reported on the 990 form, which could be due to the organization's structure or how compensation is handled within a larger system.