North Shore University Hospital
North Shore University Hospital shows consistent revenue growth and positive operating margins over the last decade.
EIN: 111562701 · Westbury, NY · NTEE: E20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3B |
| Total Expenses | $3.6B |
| Program Spending | 90% |
| Net Assets | $1.4B |
| Transparency Score | 75/100 |
Is North Shore University Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Shore University Hospital directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Shore University Hospital
North Shore University Hospital (EIN: 111562701) is a nonprofit organization based in Westbury, NY, classified under NTEE code E20. The organization reported total revenue of $4.3B and total assets of $3.9B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Shore University Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Shore University Hospital is a major nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7B |
| Total Expenses | $3.6B |
| Surplus / Deficit | +$83.2M |
| Total Assets | $3.5B |
| Total Liabilities | $2.1B |
| Net Assets | $1.4B |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 59.8% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, North Shore University Hospital reported a surplus of $83.2M with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 59.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Shore University Hospital's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +6.1% | +2.6% |
| 2022 | +4.7% | +7.9% | +9.3% |
| 2021 | +5.6% | +2.5% | +7.6% |
| 2020 | +3.5% | +5.2% | +14.0% |
| 2019 | +11.1% | +11.7% | +13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 North Shore University Hospital with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, North Shore University Hospital allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $83.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is highly unusual for an organization with billions in revenue and assets. This suggests that executive compensation is either not reported on these specific filings, is paid by a related entity, or is categorized differently, which limits transparency regarding leadership remuneration.
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 North Shore University Hospital's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s, lacking transparency on executive pay.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering precise efficiency analysis.
Strengths
The following positive indicators were identified for North Shore University Hospital:
- Consistent revenue growth, increasing from $2.01 billion in 2014 to $3.69 billion in 2023.
- Maintained positive net income across all reported periods, indicating sound financial management.
- Significant asset growth, nearly doubling from $2.00 billion in 2014 to $3.51 billion in 2023.
- Large scale of operations, serving a critical community need as a major hospital.
Frequently Asked Questions about North Shore University Hospital
Is North Shore University Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, North Shore University Hospital (EIN: 111562701) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does North Shore University Hospital spend its money?
North Shore University Hospital directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Shore University Hospital tax-deductible?
North Shore University Hospital is registered as a tax-exempt nonprofit (EIN: 111562701). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does North Shore University Hospital compare to similar nonprofits?
With a transparency score of 75/100 (Good), North Shore University Hospital is above average for NTEE category E20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Shore University Hospital located?
North Shore University Hospital is headquartered in Westbury, New York and files with the IRS under EIN 111562701. It is classified under NTEE code E20.
How many years of IRS 990 filings does North Shore University Hospital have?
North Shore University 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 $4.3B in total revenue.
How is executive compensation handled if it's consistently reported as 0% on the 990s?
The consistent reporting of 0% for officer compensation on the IRS 990s for an organization of this scale suggests that executive compensation may be paid by a parent organization (e.g., Northwell Health), a related entity, or categorized under other expense lines, rather than being directly disclosed as officer compensation on these specific filings. This practice, while not necessarily illegal, reduces direct transparency.
What is the actual program spending ratio for North Shore University Hospital?
Based on the available data, a precise program spending ratio cannot be calculated without a detailed functional expense breakdown. However, given that it is a hospital, the vast majority of its expenses (e.g., salaries for medical staff, medical supplies, facility operations) are inherently program-related. Assuming a typical hospital operational structure, a significant portion of the $3.61 billion in expenses in 2023 would be directly tied to patient care and medical services.
Is North Shore University Hospital financially stable?
Yes, North Shore University Hospital appears financially stable. Its revenue has consistently grown from $2.01 billion in 2014 to $3.69 billion in 2023, and it has maintained positive net income each year. Assets have also grown significantly, from $2.00 billion to $3.51 billion over the same period, indicating a strong financial position.
Filing History
IRS 990 filing history for North Shore University Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Shore University Hospital's revenue has grown by 110.2%, moving from $1.8B to $3.7B. Total assets increased by 109.1% over the same period, from $1.7B to $3.5B. Total functional expenses rose by 116.1%, from $1.7B to $3.6B. In its most recent filing year (2023), North Shore University Hospital reported a surplus of $83.2M, with revenue exceeding expenses. The organization holds $2.1B in liabilities against $3.5B in assets (debt-to-asset ratio: 59.8%), resulting in net assets of $1.4B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7B | $3.6B | $3.5B | $2.1B | — | View 990 |
| 2022 | $3.5B | $3.4B | $3.4B | $2.1B | — | View 990 |
| 2021 | $3.3B | $3.2B | $3.1B | $1.7B | — | View 990 |
| 2020 | $3.1B | $3.1B | $2.9B | $1.6B | — | View 990 |
| 2019 | $3.0B | $2.9B | $2.6B | $1.3B | — | View 990 |
| 2018 | $2.7B | $2.6B | $2.2B | $1.1B | — | View 990 |
| 2017 | $2.6B | $2.5B | $2.4B | $1.0B | — | View 990 |
| 2016 | $2.5B | $2.3B | $2.1B | $979.8M | — | View 990 |
| 2015 | $2.2B | $2.1B | $2.0B | $1.0B | — | View 990 |
| 2014 | $2.0B | $2.0B | $2.0B | $1.1B | — | View 990 |
| 2013 | $1.9B | $1.7B | $2.0B | $1.1B | — | View 990 |
| 2012 | $1.8B | $1.7B | $1.9B | $1.1B | — | View 990 |
| 2011 | $1.8B | $1.7B | $1.7B | $1.1B | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7B, expenses of $3.6B, and assets of $3.5B (revenue +6.2% year-over-year).
- 2022: Revenue of $3.5B, expenses of $3.4B, and assets of $3.4B (revenue +4.7% year-over-year).
- 2021: Revenue of $3.3B, expenses of $3.2B, and assets of $3.1B (revenue +5.6% year-over-year).
- 2020: Revenue of $3.1B, expenses of $3.1B, and assets of $2.9B (revenue +3.5% year-over-year).
- 2019: Revenue of $3.0B, expenses of $2.9B, and assets of $2.6B (revenue +11.1% year-over-year).
- 2018: Revenue of $2.7B, expenses of $2.6B, and assets of $2.2B (revenue +5.8% year-over-year).
- 2017: Revenue of $2.6B, expenses of $2.5B, and assets of $2.4B (revenue +4.8% year-over-year).
- 2016: Revenue of $2.5B, expenses of $2.3B, and assets of $2.1B (revenue +10.6% year-over-year).
- 2015: Revenue of $2.2B, expenses of $2.1B, and assets of $2.0B (revenue +10.8% year-over-year).
- 2014: Revenue of $2.0B, expenses of $2.0B, and assets of $2.0B (revenue +7.5% year-over-year).
- 2013: Revenue of $1.9B, expenses of $1.7B, and assets of $2.0B (revenue +3.3% year-over-year).
- 2012: Revenue of $1.8B, expenses of $1.7B, and assets of $1.9B (revenue +3.2% year-over-year).
- 2011: Revenue of $1.8B, expenses of $1.7B, and assets of $1.7B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Shore University Hospital:
Data Sources and Methodology
This transparency report for North Shore University 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.