Northwell Health Laboratories
Northwell Health Laboratories consistently generates significant surpluses with no reported officer compensation.
EIN: 113412370 · Westbury, NY · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $872.2M |
| Total Expenses | $692.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $700 |
| Net Assets | $50.8M |
| Transparency Score | 92/100 |
Is Northwell Health Laboratories Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northwell Health Laboratories directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northwell Health Laboratories
Northwell Health Laboratories (EIN: 113412370) is a nonprofit organization based in Westbury, NY, classified under NTEE code E60. The organization reported total revenue of $872.2M and total assets of $213.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwell Health Laboratories's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwell Health Laboratories is a major 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 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $743.5M |
| Total Expenses | $692.0M |
| Surplus / Deficit | +$51.5M |
| Total Assets | $178.4M |
| Total Liabilities | $127.6M |
| Net Assets | $50.8M |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 71.5% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Northwell Health Laboratories reported a surplus of $51.5M with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 71.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northwell Health Laboratories's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.1% | -0.6% | -57.0% |
| 2022 | -4.0% | -5.0% | +24.6% |
| 2021 | +50.2% | +34.5% | +59.8% |
| 2020 | +17.5% | +17.9% | +39.9% |
| 2019 | +3.0% | +3.6% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Northwell Health Laboratories 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Northwell Health Laboratories allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $51.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from this entity, which is highly unusual for an organization of its size with revenues exceeding $700 million.
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 Northwell Health Laboratories's IRS 990 filings:
- Lack of detailed breakdown for administrative and fundraising expenses in provided data
- Unusual 0% officer compensation for an organization of this revenue size, potentially obscuring true executive costs if paid by a parent entity.
Strengths
The following positive indicators were identified for Northwell Health Laboratories:
- Consistent and substantial revenue growth over the past decade, from $273.7M in 2014 to $743.5M in 2023.
- Significant annual surpluses, such as $51.5 million in 2023 ($743.5M revenue - $692.0M expenses), indicating strong financial management.
- Robust asset growth, from $46.8 million in 2014 to $178.4 million in 2023, strengthening financial stability.
- No reported officer compensation, suggesting a high dedication of funds to programmatic activities or efficient cost allocation within a larger system.
Frequently Asked Questions about Northwell Health Laboratories
Is Northwell Health Laboratories a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwell Health Laboratories (EIN: 113412370) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Northwell Health Laboratories spend its money?
Northwell Health Laboratories directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northwell Health Laboratories tax-deductible?
Northwell Health Laboratories is registered as a tax-exempt nonprofit (EIN: 113412370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Northwell Health Laboratories CEO make?
Northwell Health Laboratories's highest-compensated officer earns $700 annually. The organization reported $872.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Northwell Health Laboratories's spending goes to programs?
Northwell Health Laboratories directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northwell Health Laboratories compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Northwell Health Laboratories is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northwell Health Laboratories located?
Northwell Health Laboratories is headquartered in Westbury, New York and files with the IRS under EIN 113412370. It is classified under NTEE code E60.
How many years of IRS 990 filings does Northwell Health Laboratories have?
Northwell Health Laboratories 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 $872.2M in total revenue.
How does Northwell Health Laboratories manage to report 0% officer compensation given its scale?
The 0% officer compensation reported across all filings suggests that executive salaries might be covered by a parent organization (Northwell Health system) or through other arrangements not directly reflected in this entity's 990, which is common for subsidiaries within larger health systems.
What is the primary driver of Northwell Health Laboratories' substantial revenue growth?
The consistent and significant revenue growth, from $273.7 million in 2014 to $743.5 million in 2023, is likely driven by increased demand for laboratory services, expansion of facilities, and potentially new contracts or partnerships within the broader healthcare system.
Are the liabilities of Northwell Health Laboratories a concern?
While liabilities have grown from $38.7 million in 2014 to $127.5 million in 2023, they remain well below total assets ($178.4 million in 2023), indicating a healthy balance sheet and no immediate concern regarding solvency.
Filing History
IRS 990 filing history for Northwell Health Laboratories showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northwell Health Laboratories's revenue has grown by 254.5%, moving from $209.7M to $743.5M. Total assets increased by 803.8% over the same period, from $19.7M to $178.4M. Total functional expenses rose by 247.6%, from $199.1M to $692.0M. In its most recent filing year (2023), Northwell Health Laboratories reported a surplus of $51.5M, with revenue exceeding expenses. The organization holds $127.6M in liabilities against $178.4M in assets (debt-to-asset ratio: 71.5%), resulting in net assets of $50.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $743.5M | $692.0M | $178.4M | $127.6M | — | — |
| 2022 | $791.9M | $696.2M | $414.7M | $156.7M | — | View 990 |
| 2021 | $824.8M | $732.7M | $332.8M | $170.6M | — | View 990 |
| 2020 | $549.3M | $544.6M | $208.3M | $138.2M | — | View 990 |
| 2019 | $467.3M | $461.9M | $149.0M | $83.5M | — | View 990 |
| 2018 | $453.6M | $445.9M | $141.6M | $81.5M | — | View 990 |
| 2017 | $405.3M | $389.0M | $162.5M | $110.1M | — | View 990 |
| 2016 | $355.4M | $330.4M | $92.7M | $56.6M | — | View 990 |
| 2015 | $303.5M | $290.3M | $59.0M | $41.8M | — | View 990 |
| 2014 | $273.8M | $254.5M | $46.8M | $38.8M | — | View 990 |
| 2013 | $247.3M | $225.5M | $37.2M | $25.3M | — | View 990 |
| 2012 | $231.7M | $216.3M | $22.4M | $22.0M | — | View 990 |
| 2011 | $209.7M | $199.1M | $19.7M | $17.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $743.5M, expenses of $692.0M, and assets of $178.4M (revenue -6.1% year-over-year).
- 2022: Revenue of $791.9M, expenses of $696.2M, and assets of $414.7M (revenue -4.0% year-over-year).
- 2021: Revenue of $824.8M, expenses of $732.7M, and assets of $332.8M (revenue +50.2% year-over-year).
- 2020: Revenue of $549.3M, expenses of $544.6M, and assets of $208.3M (revenue +17.5% year-over-year).
- 2019: Revenue of $467.3M, expenses of $461.9M, and assets of $149.0M (revenue +3.0% year-over-year).
- 2018: Revenue of $453.6M, expenses of $445.9M, and assets of $141.6M (revenue +11.9% year-over-year).
- 2017: Revenue of $405.3M, expenses of $389.0M, and assets of $162.5M (revenue +14.0% year-over-year).
- 2016: Revenue of $355.4M, expenses of $330.4M, and assets of $92.7M (revenue +17.1% year-over-year).
- 2015: Revenue of $303.5M, expenses of $290.3M, and assets of $59.0M (revenue +10.9% year-over-year).
- 2014: Revenue of $273.8M, expenses of $254.5M, and assets of $46.8M (revenue +10.7% year-over-year).
- 2013: Revenue of $247.3M, expenses of $225.5M, and assets of $37.2M (revenue +6.7% year-over-year).
- 2012: Revenue of $231.7M, expenses of $216.3M, and assets of $22.4M (revenue +10.5% year-over-year).
- 2011: Revenue of $209.7M, expenses of $199.1M, and assets of $19.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwell Health Laboratories:
Data Sources and Methodology
This transparency report for Northwell Health Laboratories 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.