Quick charity verification for Nyu Langone Hospitals (EIN: 133971298)
Verdict: Nyu Langone Hospitals appears trustworthy
85/100Mission Score
$14.4BRevenue
$12.1BAssets
1Red Flags
4Strengths
Red Flags
Unusual reporting of 0% officer compensation for a large organization, potentially obscuring executive pay details.
Strengths
Consistent and significant revenue growth over the past decade, from $2.62B in 2015 to $8.87B in 2023.
Substantial growth in assets, from $3.90B in 2015 to $11.63B in 2023, indicating strong financial health and investment capacity.
Healthy operating surpluses, such as the $1.31B surplus in 2023, demonstrating effective financial management.
Large scale of operations, typical for a major hospital system, suggesting significant impact in its mission area.
Spending Breakdown
How Nyu Langone Hospitals allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Nyu Langone Hospitals
Is Nyu Langone Hospitals a legitimate charity?
Based on AI analysis of IRS 990 filings, Nyu Langone Hospitals (EIN: 133971298) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Nyu Langone Hospitals a good charity to donate to?
Nyu Langone Hospitals has a Mission Score of 85/100. Revenue: $14.4B. Assets: $12.1B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nyu Langone Hospitals?
The Employer Identification Number (EIN) for Nyu Langone Hospitals is 133971298. 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 Nyu Langone Hospitals spend its money?
Nyu Langone Hospitals allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nyu Langone Hospitals's tax-exempt status?
You can verify Nyu Langone Hospitals's tax-exempt status using EIN 133971298 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
NYU Langone Hospitals demonstrates robust financial health, with a consistent trend of increasing revenue and assets over the past decade. For the period ending August 2023, the organization reported revenues of $8.87 billion against expenses of $7.56 billion, indicating a healthy operating surplus. Its asset base has grown significantly, reaching $11.63 billion in 2023, reflecting substantial investment in its mission. The organization's spending efficiency appears strong, with a significant portion of its expenses likely directed towards program services, typical for a large hospital system. The consistent growth in both revenue and assets suggests effective financial management and a strong capacity to deliver on its healthcare mission. The absence of reported officer compensation in the provided data points to a potential area for further transparency, as it's unusual for an organization of this scale to report zero compensation for its officers, which may indicate a reporting nuance or that compensation is handled through a related entity.