Nyu Langone Hospitals
NYU Langone Hospitals shows consistent revenue and asset growth, with healthy operating surpluses over the past decade.
EIN: 133971298 · New York, NY · NTEE: E20G · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.4B |
| Total Expenses | $7.6B |
| Program Spending | 85% |
| Net Assets | $6.1B |
| Transparency Score | 85/100 |
Is Nyu Langone Hospitals Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nyu Langone Hospitals directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nyu Langone Hospitals
Nyu Langone Hospitals (EIN: 133971298) is a nonprofit organization based in New York, NY, classified under NTEE code E20G. The organization reported total revenue of $14.4B and total assets of $12.1B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nyu Langone Hospitals's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nyu Langone Hospitals is a major nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9B |
| Total Expenses | $7.6B |
| Surplus / Deficit | +$1.3B |
| Total Assets | $11.6B |
| Total Liabilities | $5.5B |
| Net Assets | $6.1B |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 47.4% |
| Months of Reserves | 18.5 months |
Financial Health Grade: A
In 2023, Nyu Langone Hospitals reported a surplus of $1.3B with revenue exceeding expenses, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 47.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nyu Langone Hospitals's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +13.1% | +10.8% |
| 2022 | +2.2% | +4.9% | -3.2% |
| 2021 | +9.0% | +2.5% | +9.5% |
| 2020 | +32.5% | +35.0% | +27.8% |
| 2019 | +15.7% | +9.2% | +33.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Nyu Langone Hospitals 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, Nyu Langone Hospitals 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 $1.3B, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.4%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all listed periods, which is highly unusual for an organization of NYU Langone Hospitals' size and complexity. This suggests that executive compensation may be reported through a related entity or not fully captured in this specific data set, warranting further investigation for complete transparency.
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 Nyu Langone Hospitals's IRS 990 filings:
- Unusual reporting of 0% officer compensation for a large organization, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Nyu Langone Hospitals:
- Consistent and significant revenue growth over the past decade, from $2.62B in 2015 to $8.87B in 2023.
- Substantial growth in assets, from $3.90B in 2015 to $11.63B in 2023, indicating strong financial health and investment capacity.
- Healthy operating surpluses, such as the $1.31B surplus in 2023, demonstrating effective financial management.
- Large scale of operations, typical for a major hospital system, suggesting significant impact in its mission area.
Frequently Asked Questions about Nyu Langone Hospitals
Is Nyu Langone Hospitals a legitimate charity?
Nyu Langone Hospitals (EIN: 133971298) 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: $14.4B. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Nyu Langone Hospitals spend its money?
Nyu Langone Hospitals directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nyu Langone Hospitals tax-deductible?
Nyu Langone Hospitals is registered as a tax-exempt nonprofit (EIN: 133971298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nyu Langone Hospitals's spending goes to programs?
Nyu Langone Hospitals directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nyu Langone Hospitals compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Nyu Langone Hospitals is above average for NTEE category E20G nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nyu Langone Hospitals located?
Nyu Langone Hospitals is headquartered in New York, New York and files with the IRS under EIN 133971298. It is classified under NTEE code E20G.
How many years of IRS 990 filings does Nyu Langone Hospitals have?
Nyu Langone Hospitals 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 $14.4B in total revenue.
Is NYU Langone Hospitals a good charity?
Based on its financial performance, NYU Langone Hospitals appears to be a well-managed and financially strong organization. Its consistent revenue growth and significant asset base suggest a robust capacity to fulfill its healthcare mission. However, the lack of reported officer compensation in the provided data is an area that would require further clarification for a complete assessment of transparency.
How has NYU Langone Hospitals' financial health changed over time?
NYU Langone Hospitals has experienced substantial financial growth over the past decade. Revenue increased from $2.62 billion in 2015 to $8.87 billion in 2023, and assets grew from $3.90 billion to $11.63 billion in the same period, demonstrating strong and consistent expansion.
What is the organization's operating efficiency?
For the period ending August 2023, NYU Langone Hospitals had expenses of $7.56 billion against revenues of $8.87 billion, resulting in an operating surplus of approximately $1.31 billion. This indicates a healthy margin and efficient management of its large-scale operations.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across multiple filings for an organization of this magnitude is highly unusual. It could indicate that executive compensation is paid by a related entity, not directly by this specific EIN, or that the data provided is incomplete regarding this specific detail. Further investigation into the full IRS 990 forms would be necessary to understand the complete picture.
Filing History
IRS 990 filing history for Nyu Langone Hospitals showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nyu Langone Hospitals's revenue has grown by 405.2%, moving from $1.8B to $8.9B. Total assets increased by 503.2% over the same period, from $1.9B to $11.6B. Total functional expenses rose by 376.9%, from $1.6B to $7.6B. In its most recent filing year (2023), Nyu Langone Hospitals reported a surplus of $1.3B, with revenue exceeding expenses. The organization holds $5.5B in liabilities against $11.6B in assets (debt-to-asset ratio: 47.4%), resulting in net assets of $6.1B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9B | $7.6B | $11.6B | $5.5B | — | View 990 |
| 2022 | $7.4B | $6.7B | $10.5B | $5.7B | — | View 990 |
| 2021 | $7.2B | $6.4B | $10.8B | $6.3B | — | View 990 |
| 2020 | $6.6B | $6.2B | $9.9B | $6.5B | — | — |
| 2019 | $5.0B | $4.6B | $7.7B | $4.7B | — | View 990 |
| 2018 | $4.3B | $4.2B | $5.8B | $3.4B | — | View 990 |
| 2017 | $3.9B | $3.8B | $5.4B | $3.1B | — | View 990 |
| 2016 | $3.5B | $3.3B | $4.9B | $2.9B | — | View 990 |
| 2015 | $2.6B | $2.4B | $3.9B | $2.2B | — | View 990 |
| 2014 | $2.6B | $2.1B | $3.8B | $2.2B | — | View 990 |
| 2013 | $2.1B | $2.0B | $2.8B | $1.8B | — | View 990 |
| 2012 | $1.9B | $1.8B | $2.4B | $1.6B | — | View 990 |
| 2011 | $1.8B | $1.6B | $1.9B | $1.2B | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9B, expenses of $7.6B, and assets of $11.6B (revenue +20.2% year-over-year).
- 2022: Revenue of $7.4B, expenses of $6.7B, and assets of $10.5B (revenue +2.2% year-over-year).
- 2021: Revenue of $7.2B, expenses of $6.4B, and assets of $10.8B (revenue +9.0% year-over-year).
- 2020: Revenue of $6.6B, expenses of $6.2B, and assets of $9.9B (revenue +32.5% year-over-year).
- 2019: Revenue of $5.0B, expenses of $4.6B, and assets of $7.7B (revenue +15.7% year-over-year).
- 2018: Revenue of $4.3B, expenses of $4.2B, and assets of $5.8B (revenue +9.6% year-over-year).
- 2017: Revenue of $3.9B, expenses of $3.8B, and assets of $5.4B (revenue +12.3% year-over-year).
- 2016: Revenue of $3.5B, expenses of $3.3B, and assets of $4.9B (revenue +33.8% year-over-year).
- 2015: Revenue of $2.6B, expenses of $2.4B, and assets of $3.9B (revenue -0.4% year-over-year).
- 2014: Revenue of $2.6B, expenses of $2.1B, and assets of $3.8B (revenue +26.6% year-over-year).
- 2013: Revenue of $2.1B, expenses of $2.0B, and assets of $2.8B (revenue +7.1% year-over-year).
- 2012: Revenue of $1.9B, expenses of $1.8B, and assets of $2.4B (revenue +10.6% year-over-year).
- 2011: Revenue of $1.8B, expenses of $1.6B, and assets of $1.9B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nyu Langone Hospitals:
Data Sources and Methodology
This transparency report for Nyu Langone Hospitals 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.