Northern Westchester Hospital Center Foundation Inc

Northern Westchester Hospital Center Foundation consistently grows assets with low expenses and no reported officer compensation.

EIN: 134067064 · Westbury, NY · NTEE: T20 · Updated: 2026-03-28

$9.3MRevenue
$8.5MGross Revenue
$75.7MAssets
92/100Mission Score (Excellent)
T20
Northern Westchester Hospital Center Foundation Inc Financial Summary
MetricValue
Total Revenue$9.3M
Total Expenses$2.5M
Program Spending90%
Net Assets$64.5M
Transparency Score92/100

Is Northern Westchester Hospital Center Foundation Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Northern Westchester Hospital Center Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Northern Westchester Hospital Center Foundation Inc

Northern Westchester Hospital Center Foundation Inc (EIN: 134067064) is a nonprofit organization based in Westbury, NY, classified under NTEE code T20. The organization reported total revenue of $9.3M and total assets of $75.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Westchester Hospital Center Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

27Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Northern Westchester Hospital Center Foundation Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6.0M
Total Expenses$2.5M
Surplus / Deficit+$3.5M
Total Assets$75.8M
Total Liabilities$11.3M
Net Assets$64.5M
Operating Margin58.2%
Debt-to-Asset Ratio14.9%
Months of Reserves363.1 months

Financial Health Grade: A

In 2023, Northern Westchester Hospital Center Foundation Inc reported a surplus of $3.5M with revenue exceeding expenses, holds 363.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Northern Westchester Hospital Center Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-42.0%-0.7%+12.6%
2022-32.4%+71.2%+6.5%
2021+33.6%-15.1%-0.1%
2020-7.0%+18.2%+30.8%
2019+131.4%+2.1%+34.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1999

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Northern Westchester Hospital Center Foundation Inc demonstrates strong financial health, consistently maintaining substantial assets relative to liabilities. For example, in 2023, assets were $75,754,902 against liabilities of $11,275,480. The organization also shows a healthy trend of revenue exceeding expenses in most recent years, indicating effective financial management and growth in its endowment or reserves. For instance, in 2023, revenue was $5,988,505 while expenses were $2,503,716. The spending efficiency appears robust, with expenses generally representing a relatively small portion of total revenue, suggesting that a significant portion of funds are either retained for future programs or invested. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, suggesting that executive leadership is either unpaid or compensated through a related entity, which is a positive sign for donor confidence. This consistent reporting of no officer compensation is a strong indicator of transparency and a focus on mission over administrative overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northern Westchester Hospital Center Foundation Inc with a Mission Score of 92 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: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Northern Westchester Hospital Center Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:

$6.0MTotal Revenue
$2.5MTotal Expenses
$75.8MTotal Assets
$11.3MTotal Liabilities
$64.5MNet Assets
  • The organization reported a surplus of $3.5M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 14.9%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated by a related entity, which is highly favorable for donor perception and suggests a strong commitment to minimizing administrative costs.

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.

Strengths

The following positive indicators were identified for Northern Westchester Hospital Center Foundation Inc:

  • Strong program spending (implied by low overall expenses and 0% officer comp)
  • Consistent asset growth (from $22.5M in 2014 to $75.7M in 2023)
  • Excellent financial health (assets significantly exceed liabilities)
  • High transparency (0% officer compensation reported across all filings)
  • Efficient use of funds (expenses consistently low relative to revenue)

Frequently Asked Questions about Northern Westchester Hospital Center Foundation Inc

Is Northern Westchester Hospital Center Foundation Inc a legitimate charity?

Northern Westchester Hospital Center Foundation Inc (EIN: 134067064) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.3M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Northern Westchester Hospital Center Foundation Inc spend its money?

Northern Westchester Hospital Center Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Northern Westchester Hospital Center Foundation Inc tax-deductible?

Northern Westchester Hospital Center Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134067064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Northern Westchester Hospital Center Foundation Inc's spending goes to programs?

Northern Westchester Hospital Center Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Northern Westchester Hospital Center Foundation Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Northern Westchester Hospital Center Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Northern Westchester Hospital Center Foundation Inc located?

Northern Westchester Hospital Center Foundation Inc is headquartered in Westbury, New York and files with the IRS under EIN 134067064. It is classified under NTEE code T20.

How many years of IRS 990 filings does Northern Westchester Hospital Center Foundation Inc have?

Northern Westchester Hospital Center Foundation 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 $9.3M in total revenue.

Is Northern Westchester Hospital Center Foundation Inc a good charity?

Based on the provided data, the foundation appears to be a very good charity. It consistently maintains strong financial health, with assets significantly exceeding liabilities (e.g., $75,754,902 in assets vs. $11,275,480 in liabilities in 2023). Its expenses are consistently low relative to its revenue, and it reports 0% officer compensation, indicating efficient use of funds and high transparency.

How has the organization's revenue trended over the past few years?

The organization's revenue has fluctuated but generally remained strong. It saw a peak of $15,274,178 in 2021, followed by $10,319,003 in 2022, and $5,988,505 in 2023. While there's a recent decline from its peak, the revenue figures remain substantial and well above expenses.

What is the organization's asset growth like?

The organization has shown consistent and significant asset growth over the years, increasing from $22,588,908 in 2014 to $75,754,902 in 2023. This indicates strong financial management and successful accumulation of resources to support its mission.

Are there any concerns about the organization's liabilities?

While liabilities have fluctuated, they remain a small fraction of total assets. For example, in 2023, liabilities were $11,275,480 compared to assets of $75,754,902, indicating a very healthy balance sheet and low financial risk.

Filing History

IRS 990 filing history for Northern Westchester Hospital Center Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Northern Westchester Hospital Center Foundation Inc's revenue has grown by 138%, moving from $2.5M to $6.0M. Total assets increased by 451.7% over the same period, from $13.7M to $75.8M. Total functional expenses rose by 68.9%, from $1.5M to $2.5M. In its most recent filing year (2023), Northern Westchester Hospital Center Foundation Inc reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $11.3M in liabilities against $75.8M in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $64.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6.0M $2.5M $75.8M $11.3M
2022 $10.3M $2.5M $67.3M $8.8M View 990
2021 $15.3M $1.5M $63.2M $4.2M View 990
2020 $11.4M $1.7M $63.2M $16.8M View 990
2019 $12.3M $1.5M $48.3M $9.4M View 990
2018 $5.3M $1.4M $35.9M $4.6M View 990
2017 $4.6M $1.1M $32.9M $2.8M View 990
2016 $5.0M $1.1M $27.3M $273K View 990
2015 $3.9M $2.3M $24.7M $717K View 990
2014 $6.6M $10.9M $22.6M $183K View 990
2013 $5.4M $1.8M $26.9M $411K View 990
2012 $9.5M $2.2M $22.1M $295K View 990
2011 $2.5M $1.5M $13.7M $8K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $6.0M, expenses of $2.5M, and assets of $75.8M (revenue -42.0% year-over-year).
  • 2022: Revenue of $10.3M, expenses of $2.5M, and assets of $67.3M (revenue -32.4% year-over-year).
  • 2021: Revenue of $15.3M, expenses of $1.5M, and assets of $63.2M (revenue +33.6% year-over-year).
  • 2020: Revenue of $11.4M, expenses of $1.7M, and assets of $63.2M (revenue -7.0% year-over-year).
  • 2019: Revenue of $12.3M, expenses of $1.5M, and assets of $48.3M (revenue +131.4% year-over-year).
  • 2018: Revenue of $5.3M, expenses of $1.4M, and assets of $35.9M (revenue +14.7% year-over-year).
  • 2017: Revenue of $4.6M, expenses of $1.1M, and assets of $32.9M (revenue -7.5% year-over-year).
  • 2016: Revenue of $5.0M, expenses of $1.1M, and assets of $27.3M (revenue +28.2% year-over-year).
  • 2015: Revenue of $3.9M, expenses of $2.3M, and assets of $24.7M (revenue -40.7% year-over-year).
  • 2014: Revenue of $6.6M, expenses of $10.9M, and assets of $22.6M (revenue +22.5% year-over-year).
  • 2013: Revenue of $5.4M, expenses of $1.8M, and assets of $26.9M (revenue -43.3% year-over-year).
  • 2012: Revenue of $9.5M, expenses of $2.2M, and assets of $22.1M (revenue +277.0% year-over-year).
  • 2011: Revenue of $2.5M, expenses of $1.5M, and assets of $13.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Northern Westchester Hospital Center Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Northern Westchester Hospital Center Foundation 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.

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