Beth Israel Medical Center
Beth Israel Medical Center frequently operates at a deficit, with liabilities often exceeding assets.
EIN: 135564934 · New York, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1B |
| Total Expenses | $1.2B |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $-195,166,476 |
| Transparency Score | 55/100 |
Is Beth Israel Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beth Israel Medical Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beth Israel Medical Center
Beth Israel Medical Center (EIN: 135564934) is a nonprofit organization based in New York, NY, classified under NTEE code E220. The organization reported total revenue of $1.1B and total assets of $1.2B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beth Israel Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beth Israel Medical Center is a major nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3B |
| Total Expenses | $1.2B |
| Surplus / Deficit | +$90.4M |
| Total Assets | $1.3B |
| Total Liabilities | $1.5B |
| Net Assets | $-195,166,476 |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 115.3% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Beth Israel Medical Center reported a surplus of $90.4M with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 115.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Beth Israel Medical Center's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.6% | +3.3% | +1.2% |
| 2022 | +6.9% | +2.8% | -1.1% |
| 2021 | -5.3% | +3.5% | -10.1% |
| 2020 | +10.4% | +6.1% | +5.3% |
| 2019 | -0.3% | +1.8% | +31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 1948 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Beth Israel Medical Center with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Beth Israel Medical Center allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 115.3%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is unusual for an organization with over $1 billion in revenue and suggests that executive compensation details are not disclosed in this specific field, potentially limiting transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Beth Israel Medical Center's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue)
- Liabilities frequently exceed assets, indicating negative net assets
- 0% reported for officer compensation, raising transparency questions
- Significant year-over-year fluctuations in revenue and expenses without clear trends
Strengths
The following positive indicators were identified for Beth Israel Medical Center:
- Substantial annual revenue, often exceeding $1 billion, indicating a large operational scale
- Significant asset base, consistently over $1 billion, providing substantial infrastructure
- Provides essential healthcare services as a medical center (NTEE E220)
Frequently Asked Questions about Beth Israel Medical Center
Is Beth Israel Medical Center a legitimate charity?
Beth Israel Medical Center (EIN: 135564934) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1B. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Beth Israel Medical Center spend its money?
Beth Israel Medical Center directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Beth Israel Medical Center tax-deductible?
Beth Israel Medical Center is registered as a tax-exempt nonprofit (EIN: 135564934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Beth Israel Medical Center CEO make?
Beth Israel Medical Center's highest-compensated officer earns $1 annually. The organization reported $1.1B in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Beth Israel Medical Center's spending goes to programs?
Beth Israel Medical Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Beth Israel Medical Center compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Beth Israel Medical Center is near average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beth Israel Medical Center located?
Beth Israel Medical Center is headquartered in New York, New York and files with the IRS under EIN 135564934. It is classified under NTEE code E220.
How many years of IRS 990 filings does Beth Israel Medical Center have?
Beth Israel Medical Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1B in total revenue.
Why does Beth Israel Medical Center consistently report expenses exceeding revenue?
The filings show a recurring pattern of expenses surpassing revenue, such as in 2022 where expenses were $1,176,842,771 against revenue of $1,024,044,713, indicating operational deficits that need further investigation into their causes and sustainability.
What is the long-term impact of liabilities consistently exceeding assets?
In 2023, liabilities were $1,474,800,804 while assets were $1,279,634,328. This negative net asset position indicates a potentially precarious financial state, raising concerns about solvency and long-term financial stability.
How is executive compensation handled if it's reported as 0%?
The consistent 0% reported for officer compensation across all filings suggests that executive compensation is either not reported in this specific section of the 990 or is paid by a related entity, which warrants further inquiry for complete transparency.
What are the primary drivers of the high expenses?
As a medical center, a significant portion of expenses would be related to direct patient care, salaries, and medical supplies. However, without a detailed functional expense breakdown, it's difficult to pinpoint specific drivers beyond the overall operational costs of a large hospital.
What strategies are in place to address the recurring operational deficits?
The consistent deficits, such as the $152,798,058 loss in 2022, suggest a need for clear strategies to improve financial performance and ensure the long-term viability of the medical center.
Filing History
IRS 990 filing history for Beth Israel Medical Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Beth Israel Medical Center's revenue has declined by 13.2%, moving from $1.5B to $1.3B. Total assets decreased by 5.6% over the same period, from $1.4B to $1.3B. Total functional expenses fell by 17.2%, from $1.5B to $1.2B. In its most recent filing year (2023), Beth Israel Medical Center reported a surplus of $90.4M, with revenue exceeding expenses. The organization holds $1.5B in liabilities against $1.3B in assets (debt-to-asset ratio: 115.3%), resulting in net assets of $-195,166,476.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3B | $1.2B | $1.3B | $1.5B | — | — |
| 2022 | $1.0B | $1.2B | $1.3B | $1.6B | — | View 990 |
| 2021 | $957.8M | $1.1B | $1.3B | $1.4B | — | View 990 |
| 2020 | $1.0B | $1.1B | $1.4B | $1.4B | — | View 990 |
| 2019 | $915.8M | $1.0B | $1.4B | $1.2B | — | View 990 |
| 2018 | $918.5M | $1.0B | $1.0B | $871.4M | — | View 990 |
| 2017 | $1.1B | $1.1B | $1.3B | $1.1B | — | View 990 |
| 2016 | $1.1B | $1.2B | $1.3B | $1.2B | — | View 990 |
| 2015 | $1.3B | $1.4B | $1.2B | $1.0B | — | View 990 |
| 2014 | $1.3B | $1.4B | $1.3B | $996.9M | — | View 990 |
| 2013 | $1.4B | $1.5B | $1.4B | $952.3M | — | View 990 |
| 2012 | $1.5B | $1.5B | $1.4B | $973.6M | — | View 990 |
| 2011 | $1.5B | $1.5B | $1.4B | $1.0B | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3B, expenses of $1.2B, and assets of $1.3B (revenue +27.6% year-over-year).
- 2022: Revenue of $1.0B, expenses of $1.2B, and assets of $1.3B (revenue +6.9% year-over-year).
- 2021: Revenue of $957.8M, expenses of $1.1B, and assets of $1.3B (revenue -5.3% year-over-year).
- 2020: Revenue of $1.0B, expenses of $1.1B, and assets of $1.4B (revenue +10.4% year-over-year).
- 2019: Revenue of $915.8M, expenses of $1.0B, and assets of $1.4B (revenue -0.3% year-over-year).
- 2018: Revenue of $918.5M, expenses of $1.0B, and assets of $1.0B (revenue -17.1% year-over-year).
- 2017: Revenue of $1.1B, expenses of $1.1B, and assets of $1.3B (revenue +0.6% year-over-year).
- 2016: Revenue of $1.1B, expenses of $1.2B, and assets of $1.3B (revenue -13.5% year-over-year).
- 2015: Revenue of $1.3B, expenses of $1.4B, and assets of $1.2B (revenue -3.1% year-over-year).
- 2014: Revenue of $1.3B, expenses of $1.4B, and assets of $1.3B (revenue -9.4% year-over-year).
- 2013: Revenue of $1.4B, expenses of $1.5B, and assets of $1.4B (revenue -4.5% year-over-year).
- 2012: Revenue of $1.5B, expenses of $1.5B, and assets of $1.4B (revenue +0.9% year-over-year).
- 2011: Revenue of $1.5B, expenses of $1.5B, and assets of $1.4B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beth Israel Medical Center:
Data Sources and Methodology
This transparency report for Beth Israel Medical Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.