Lenox Hill Hospital
Lenox Hill Hospital shows consistent revenue growth and positive operating margins over the last decade.
EIN: 131624070 · Westbury, NY · NTEE: E22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4B |
| Total Expenses | $1.9B |
| Program Spending | 98% |
| Net Assets | $1.0B |
| Transparency Score | 85/100 |
Is Lenox Hill Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lenox Hill Hospital directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lenox Hill Hospital
Lenox Hill Hospital (EIN: 131624070) is a nonprofit organization based in Westbury, NY, classified under NTEE code E22. The organization reported total revenue of $2.4B and total assets of $2.2B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lenox Hill Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lenox Hill Hospital is a major nonprofit that has been operating for 106 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0B |
| Total Expenses | $1.9B |
| Surplus / Deficit | +$44.6M |
| Total Assets | $2.1B |
| Total Liabilities | $1.0B |
| Net Assets | $1.0B |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 50.2% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Lenox Hill Hospital reported a surplus of $44.6M with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lenox Hill Hospital's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | +9.0% | +18.6% |
| 2022 | +3.4% | +3.2% | +0.5% |
| 2021 | +7.8% | +8.9% | +5.0% |
| 2020 | +4.3% | +5.0% | +9.8% |
| 2019 | +7.6% | +9.8% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1920 |
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 Lenox Hill Hospital with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 2%
- programs: 98%
- fundraising: 0%
According to IRS 990 filings, Lenox Hill Hospital allocates its expenses as follows: admin: 2%, programs: 98%, fundraising: 0%. With 98% 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 $44.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.2%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which suggests that executive compensation for Lenox Hill Hospital is either not directly paid by this specific entity or is reported at a higher organizational level within the Northwell Health system. This makes it difficult to assess executive compensation relative to the organization's size based solely on these filings.
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 Lenox Hill Hospital's IRS 990 filings:
- Lack of specific executive compensation data on individual 990 filings, making direct assessment difficult.
Strengths
The following positive indicators were identified for Lenox Hill Hospital:
- Consistent and substantial revenue growth over the past decade, from $925.5M in 2014 to $1.95B in 2023.
- Positive operating margins in nearly all reported periods, indicating sound financial management.
- Significant growth in assets, reaching over $2 billion in 2023, enhancing long-term stability.
- High program spending efficiency, typical for a hospital, with the vast majority of expenses dedicated to its mission.
Frequently Asked Questions about Lenox Hill Hospital
Is Lenox Hill Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Lenox Hill Hospital (EIN: 131624070) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Lenox Hill Hospital spend its money?
Lenox Hill Hospital directs 98% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lenox Hill Hospital tax-deductible?
Lenox Hill Hospital is registered as a tax-exempt nonprofit (EIN: 131624070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lenox Hill Hospital compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lenox Hill Hospital is above average for NTEE category E22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lenox Hill Hospital located?
Lenox Hill Hospital is headquartered in Westbury, New York and files with the IRS under EIN 131624070. It is classified under NTEE code E22.
How many years of IRS 990 filings does Lenox Hill Hospital have?
Lenox Hill Hospital 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 $2.4B in total revenue.
Is Lenox Hill Hospital a good charity?
Based on its financial health, consistent revenue growth, and positive operating margins, Lenox Hill Hospital appears to be a financially sound organization. Its primary function as a hospital means the vast majority of its expenses are directly tied to program services (patient care), making it efficient in its core mission.
How has Lenox Hill Hospital's financial health changed over the last 10 years?
Lenox Hill Hospital has experienced significant financial growth over the last decade. Revenue more than doubled from $925.5 million in 2014 to $1.95 billion in 2023, and assets grew from $1.26 billion to over $2 billion in the same period, indicating robust expansion and financial stability.
What is the organization's program spending efficiency?
Given that hospitals typically allocate the vast majority of their expenses to direct patient care (program services), and considering the consistent positive operating margins, Lenox Hill Hospital is highly efficient in its program spending. The calculated spending breakdown suggests approximately 98% of expenses go towards programs.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation on these specific 990 filings suggests that executive compensation for Lenox Hill Hospital's leadership is likely handled and reported at a higher level within its parent organization, Northwell Health, rather than directly by this individual entity.
Filing History
IRS 990 filing history for Lenox Hill Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lenox Hill Hospital's revenue has grown by 200.7%, moving from $649.2M to $2.0B. Total assets increased by 77.4% over the same period, from $1.2B to $2.1B. Total functional expenses rose by 167.5%, from $713.2M to $1.9B. In its most recent filing year (2023), Lenox Hill Hospital reported a surplus of $44.6M, with revenue exceeding expenses. The organization holds $1.0B in liabilities against $2.1B in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $1.0B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0B | $1.9B | $2.1B | $1.0B | — | View 990 |
| 2022 | $1.8B | $1.8B | $1.7B | $829.5M | — | View 990 |
| 2021 | $1.7B | $1.7B | $1.7B | $844.2M | — | View 990 |
| 2020 | $1.6B | $1.6B | $1.7B | $856.8M | — | View 990 |
| 2019 | $1.5B | $1.5B | $1.5B | $768.3M | — | View 990 |
| 2018 | $1.4B | $1.4B | $1.4B | $696.5M | — | View 990 |
| 2017 | $1.2B | $1.2B | $1.4B | $803.0M | — | View 990 |
| 2016 | $1.2B | $1.2B | $1.3B | $775.9M | — | View 990 |
| 2015 | $1.0B | $1.0B | $1.3B | $757.4M | — | View 990 |
| 2014 | $925.5M | $1.0B | $1.3B | $698.2M | — | View 990 |
| 2013 | $802.9M | $663.2M | $1.2B | $578.5M | — | View 990 |
| 2012 | $744.8M | $752.9M | $1.2B | $658.6M | — | View 990 |
| 2011 | $649.2M | $713.2M | $1.2B | $624.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0B, expenses of $1.9B, and assets of $2.1B (revenue +9.0% year-over-year).
- 2022: Revenue of $1.8B, expenses of $1.8B, and assets of $1.7B (revenue +3.4% year-over-year).
- 2021: Revenue of $1.7B, expenses of $1.7B, and assets of $1.7B (revenue +7.8% year-over-year).
- 2020: Revenue of $1.6B, expenses of $1.6B, and assets of $1.7B (revenue +4.3% year-over-year).
- 2019: Revenue of $1.5B, expenses of $1.5B, and assets of $1.5B (revenue +7.6% year-over-year).
- 2018: Revenue of $1.4B, expenses of $1.4B, and assets of $1.4B (revenue +16.1% year-over-year).
- 2017: Revenue of $1.2B, expenses of $1.2B, and assets of $1.4B (revenue +5.3% year-over-year).
- 2016: Revenue of $1.2B, expenses of $1.2B, and assets of $1.3B (revenue +13.1% year-over-year).
- 2015: Revenue of $1.0B, expenses of $1.0B, and assets of $1.3B (revenue +11.9% year-over-year).
- 2014: Revenue of $925.5M, expenses of $1.0B, and assets of $1.3B (revenue +15.3% year-over-year).
- 2013: Revenue of $802.9M, expenses of $663.2M, and assets of $1.2B (revenue +7.8% year-over-year).
- 2012: Revenue of $744.8M, expenses of $752.9M, and assets of $1.2B (revenue +14.7% year-over-year).
- 2011: Revenue of $649.2M, expenses of $713.2M, and assets of $1.2B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lenox Hill Hospital:
Data Sources and Methodology
This transparency report for Lenox Hill Hospital 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.