New York Gracie Square Hospital Inc
New York Gracie Square Hospital Inc. shows strong revenue and asset growth with high program spending, but executive compensation reporting lacks detail.
EIN: 133746997 · New York, NY · NTEE: F31Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $86.1M |
| Total Expenses | $75.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $79,950,148 |
| Net Assets | $29.8M |
| Transparency Score | 85/100 |
Is New York Gracie Square Hospital 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 Gracie Square Hospital Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Gracie Square Hospital Inc
New York Gracie Square Hospital Inc (EIN: 133746997) is a nonprofit organization based in New York, NY, classified under NTEE code F31Z. The organization reported total revenue of $86.1M and total assets of $69.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Gracie Square Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Gracie Square Hospital Inc is a major nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80.0M |
| Total Expenses | $75.8M |
| Surplus / Deficit | +$4.2M |
| Total Assets | $73.7M |
| Total Liabilities | $43.9M |
| Net Assets | $29.8M |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 59.6% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, New York Gracie Square Hospital Inc reported a surplus of $4.2M with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 59.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Gracie Square Hospital Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +9.6% | +3.5% |
| 2022 | +8.0% | +4.9% | +13.3% |
| 2021 | +8.8% | +4.8% | +12.2% |
| 2020 | +0.2% | +2.5% | +22.1% |
| 2019 | +24.8% | +9.1% | +8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Gracie Square Hospital Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New York Gracie Square Hospital 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 surplus of $4.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.6%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with revenue reaching $79,950,148 in 2023. This suggests that executive compensation may be reported in other expense categories or paid by an affiliated entity, making it difficult to assess directly from 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 New York Gracie Square Hospital Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, lacking transparency on executive pay for an organization of this size.
- Significant increase in liabilities alongside asset growth, from $15.5 million in 2015 to $43.9 million in 2023, warrants monitoring.
Strengths
The following positive indicators were identified for New York Gracie Square Hospital Inc:
- Strong and consistent revenue growth, from $15.7 million in 2015 to $79.9 million in 2023.
- Significant asset growth, from $16.8 million in 2015 to $73.7 million in 2023, indicating financial stability.
- High program spending ratio (85%), demonstrating a strong commitment to its mission.
- Positive net income in most recent years (e.g., $79.9M revenue vs. $75.7M expenses in 2023), indicating financial sustainability.
Frequently Asked Questions about New York Gracie Square Hospital Inc
Is New York Gracie Square Hospital Inc a legitimate charity?
New York Gracie Square Hospital Inc (EIN: 133746997) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $86.1M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New York Gracie Square Hospital Inc spend its money?
New York Gracie Square Hospital Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Gracie Square Hospital Inc tax-deductible?
New York Gracie Square Hospital Inc is registered as a tax-exempt nonprofit (EIN: 133746997). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Gracie Square Hospital Inc CEO make?
New York Gracie Square Hospital Inc's highest-compensated officer earns $79,950,148 annually. The organization reported $86.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Gracie Square Hospital Inc's spending goes to programs?
New York Gracie Square Hospital Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Gracie Square Hospital Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New York Gracie Square Hospital Inc is above average for NTEE category F31Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York Gracie Square Hospital Inc located?
New York Gracie Square Hospital Inc is headquartered in New York, New York and files with the IRS under EIN 133746997. It is classified under NTEE code F31Z.
How many years of IRS 990 filings does New York Gracie Square Hospital Inc have?
New York Gracie Square Hospital 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 $86.1M in total revenue.
Is New York Gracie Square Hospital Inc. a good charity?
Based on its financial health, program spending efficiency (85% on programs), and consistent growth, it appears to be a well-managed organization. However, the lack of transparent executive compensation reporting is a point to consider.
How has the organization's financial health changed over time?
The organization has experienced significant financial growth, with revenue increasing from $15.7 million in 2015 to nearly $80 million in 2023, and assets growing from $16.8 million to $73.7 million in the same period, indicating robust expansion.
What is the organization's spending efficiency?
The organization demonstrates strong spending efficiency, allocating 85% of its expenses to program services, which is a high proportion dedicated to its core mission.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual and suggests that executive salaries might be accounted for differently, possibly through an affiliated entity or categorized under other administrative expenses, requiring further clarification for full transparency.
Filing History
IRS 990 filing history for New York Gracie Square Hospital Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Gracie Square Hospital Inc's revenue has grown by 77.7%, moving from $45.0M to $80.0M. Total assets increased by 204% over the same period, from $24.3M to $73.7M. Total functional expenses rose by 84.1%, from $41.2M to $75.8M. In its most recent filing year (2023), New York Gracie Square Hospital Inc reported a surplus of $4.2M, with revenue exceeding expenses. The organization holds $43.9M in liabilities against $73.7M in assets (debt-to-asset ratio: 59.6%), resulting in net assets of $29.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80.0M | $75.8M | $73.7M | $43.9M | — | — |
| 2022 | $78.1M | $69.2M | $71.3M | $48.0M | — | View 990 |
| 2021 | $72.3M | $65.9M | $62.9M | $48.5M | — | View 990 |
| 2020 | $66.5M | $62.9M | $56.1M | $48.0M | — | View 990 |
| 2019 | $66.3M | $61.4M | $45.9M | $41.2M | — | View 990 |
| 2018 | $53.2M | $56.3M | $42.3M | $41.8M | — | View 990 |
| 2017 | $52.4M | $54.4M | $36.9M | $38.5M | — | View 990 |
| 2016 | $31.1M | $43.5M | $23.8M | $28.2M | — | View 990 |
| 2015 | $15.8M | $30.9M | $16.8M | $15.6M | — | View 990 |
| 2014 | $39.7M | $37.7M | $29.4M | $13.8M | — | — |
| 2013 | $42.1M | $38.7M | $30.0M | $16.4M | — | View 990 |
| 2012 | $42.1M | $38.1M | $27.3M | $17.0M | — | View 990 |
| 2011 | $45.0M | $41.2M | $24.3M | $18.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80.0M, expenses of $75.8M, and assets of $73.7M (revenue +2.3% year-over-year).
- 2022: Revenue of $78.1M, expenses of $69.2M, and assets of $71.3M (revenue +8.0% year-over-year).
- 2021: Revenue of $72.3M, expenses of $65.9M, and assets of $62.9M (revenue +8.8% year-over-year).
- 2020: Revenue of $66.5M, expenses of $62.9M, and assets of $56.1M (revenue +0.2% year-over-year).
- 2019: Revenue of $66.3M, expenses of $61.4M, and assets of $45.9M (revenue +24.8% year-over-year).
- 2018: Revenue of $53.2M, expenses of $56.3M, and assets of $42.3M (revenue +1.5% year-over-year).
- 2017: Revenue of $52.4M, expenses of $54.4M, and assets of $36.9M (revenue +68.3% year-over-year).
- 2016: Revenue of $31.1M, expenses of $43.5M, and assets of $23.8M (revenue +97.4% year-over-year).
- 2015: Revenue of $15.8M, expenses of $30.9M, and assets of $16.8M (revenue -60.3% year-over-year).
- 2014: Revenue of $39.7M, expenses of $37.7M, and assets of $29.4M (revenue -5.7% year-over-year).
- 2013: Revenue of $42.1M, expenses of $38.7M, and assets of $30.0M (revenue +0.0% year-over-year).
- 2012: Revenue of $42.1M, expenses of $38.1M, and assets of $27.3M (revenue -6.5% year-over-year).
- 2011: Revenue of $45.0M, expenses of $41.2M, and assets of $24.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Gracie Square Hospital Inc:
Data Sources and Methodology
This transparency report for New York Gracie Square Hospital 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.