New York Community Hospital Of Brooklyn Inc
New York Community Hospital Of Brooklyn Inc consistently operates at a deficit, with expenses exceeding revenue in most recent years.
EIN: 111986351 · Brooklyn, NY · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $148.2M |
| Total Expenses | $149.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $44.9M |
| Transparency Score | 55/100 |
Is New York Community Hospital Of Brooklyn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Community Hospital Of Brooklyn Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Community Hospital Of Brooklyn Inc
New York Community Hospital Of Brooklyn Inc (EIN: 111986351) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E220. The organization reported total revenue of $148.2M and total assets of $90.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Community Hospital Of Brooklyn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Community Hospital Of Brooklyn Inc is a major nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124.4M |
| Total Expenses | $149.4M |
| Surplus / Deficit | $-24,955,987 |
| Total Assets | $87.8M |
| Total Liabilities | $42.9M |
| Net Assets | $44.9M |
| Operating Margin | -20.1% |
| Debt-to-Asset Ratio | 48.9% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2023, New York Community Hospital Of Brooklyn Inc reported a deficit of $25.0M with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 48.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Community Hospital Of Brooklyn Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +14.6% | +6.7% |
| 2022 | -16.8% | -4.8% | -19.1% |
| 2021 | +16.0% | +10.4% | -12.8% |
| 2020 | +19.2% | +13.1% | +74.1% |
| 2019 | -1.6% | +1.1% | -9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
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 New York Community Hospital Of Brooklyn Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New York Community Hospital Of Brooklyn Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $25.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is unusual for an organization of this size with revenues exceeding $100 million, suggesting either uncompensated leadership or compensation reported in other categories.
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 New York Community Hospital Of Brooklyn Inc's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in most recent years (e.g., $149,384,269 expenses vs. $124,428,282 revenue in 2023).
- Unusually low or unreported executive compensation (0% officer compensation across all filings) for an organization of this scale, which may indicate a lack of transparency or alternative reporting methods.
- Significant liabilities relative to assets, such as $42,874,741 in liabilities against $87,759,449 in assets in 2023, indicating a potentially leveraged financial position.
Strengths
The following positive indicators were identified for New York Community Hospital Of Brooklyn Inc:
- Substantial revenue generation, consistently exceeding $100 million annually in recent years, demonstrating significant operational scale.
- Maintains significant asset base, with assets generally above $80 million, providing some financial stability despite operational deficits.
- Clear mission as a community hospital (NTEE E220) serving a vital public need in Brooklyn, NY.
Frequently Asked Questions about New York Community Hospital Of Brooklyn Inc
Is New York Community Hospital Of Brooklyn Inc a legitimate charity?
New York Community Hospital Of Brooklyn Inc (EIN: 111986351) 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: $148.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does New York Community Hospital Of Brooklyn Inc spend its money?
New York Community Hospital Of Brooklyn Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Community Hospital Of Brooklyn Inc tax-deductible?
New York Community Hospital Of Brooklyn Inc is registered as a tax-exempt nonprofit (EIN: 111986351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Community Hospital Of Brooklyn Inc CEO make?
New York Community Hospital Of Brooklyn Inc's highest-compensated officer earns $100 annually. The organization reported $148.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Community Hospital Of Brooklyn Inc's spending goes to programs?
New York Community Hospital Of Brooklyn Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Community Hospital Of Brooklyn Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), New York Community Hospital Of Brooklyn Inc 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 New York Community Hospital Of Brooklyn Inc located?
New York Community Hospital Of Brooklyn Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 111986351. It is classified under NTEE code E220.
How many years of IRS 990 filings does New York Community Hospital Of Brooklyn Inc have?
New York Community Hospital Of Brooklyn Inc 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 $148.2M in total revenue.
How does New York Community Hospital Of Brooklyn Inc plan to address its consistent operational deficits, such as the $24,955,987 loss in 2023?
The filings consistently show expenses exceeding revenue, indicating a need for a clear strategy to improve financial sustainability.
Where is executive compensation reported, given the 0% listed for officer compensation across all filings for an organization with over $100 million in revenue?
This requires further investigation into other sections of the 990 or supplementary documents to understand leadership compensation.
What is the organization's strategy for managing its significant liabilities, which were $42,874,741 in 2023?
The consistent level of liabilities suggests ongoing financial obligations that need to be managed effectively to avoid further financial strain.
Filing History
IRS 990 filing history for New York Community Hospital Of Brooklyn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Community Hospital Of Brooklyn Inc's revenue has grown by 32.7%, moving from $93.8M to $124.4M. Total assets increased by 11.7% over the same period, from $78.5M to $87.8M. Total functional expenses rose by 69.8%, from $88.0M to $149.4M. In its most recent filing year (2023), New York Community Hospital Of Brooklyn Inc reported a deficit of $25.0M, with expenses exceeding revenue. The organization holds $42.9M in liabilities against $87.8M in assets (debt-to-asset ratio: 48.9%), resulting in net assets of $44.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124.4M | $149.4M | $87.8M | $42.9M | — | — |
| 2022 | $119.6M | $130.3M | $82.3M | $41.6M | — | View 990 |
| 2021 | $143.7M | $136.9M | $101.7M | $63.8M | — | View 990 |
| 2020 | $123.9M | $124.1M | $116.6M | $92.7M | — | View 990 |
| 2019 | $103.9M | $109.7M | $67.0M | $40.4M | — | — |
| 2018 | $105.6M | $108.5M | $74.2M | $42.4M | — | View 990 |
| 2017 | $101.7M | $108.1M | $87.5M | $51.4M | — | View 990 |
| 2016 | $0 | $0 | $0 | $0 | — | View 990 |
| 2015 | $93.9M | $98.1M | $92.9M | $47.9M | — | View 990 |
| 2014 | $95.5M | $91.5M | $97.0M | $47.0M | — | View 990 |
| 2013 | $99.9M | $94.1M | $93.7M | $45.0M | — | View 990 |
| 2012 | $102.4M | $92.8M | $88.1M | $47.3M | — | View 990 |
| 2011 | $93.8M | $88.0M | $78.5M | $46.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124.4M, expenses of $149.4M, and assets of $87.8M (revenue +4.0% year-over-year).
- 2022: Revenue of $119.6M, expenses of $130.3M, and assets of $82.3M (revenue -16.8% year-over-year).
- 2021: Revenue of $143.7M, expenses of $136.9M, and assets of $101.7M (revenue +16.0% year-over-year).
- 2020: Revenue of $123.9M, expenses of $124.1M, and assets of $116.6M (revenue +19.2% year-over-year).
- 2019: Revenue of $103.9M, expenses of $109.7M, and assets of $67.0M (revenue -1.6% year-over-year).
- 2018: Revenue of $105.6M, expenses of $108.5M, and assets of $74.2M (revenue +3.9% year-over-year).
- 2017: Revenue of $101.7M, expenses of $108.1M, and assets of $87.5M.
- 2016: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2015: Revenue of $93.9M, expenses of $98.1M, and assets of $92.9M (revenue -1.7% year-over-year).
- 2014: Revenue of $95.5M, expenses of $91.5M, and assets of $97.0M (revenue -4.4% year-over-year).
- 2013: Revenue of $99.9M, expenses of $94.1M, and assets of $93.7M (revenue -2.5% year-over-year).
- 2012: Revenue of $102.4M, expenses of $92.8M, and assets of $88.1M (revenue +9.2% year-over-year).
- 2011: Revenue of $93.8M, expenses of $88.0M, and assets of $78.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Community Hospital Of Brooklyn Inc:
Data Sources and Methodology
This transparency report for New York Community Hospital Of Brooklyn Inc 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.