St Lukes Roosevelt Hospital Center
St Lukes Roosevelt Hospital Center consistently operates at a deficit, with liabilities often exceeding assets.
EIN: 132997301 · New York, NY · NTEE: E22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8B |
| Total Expenses | $1.7B |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $-135,913,203 |
| Transparency Score | 65/100 |
Is St Lukes Roosevelt Hospital Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Lukes Roosevelt Hospital Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Lukes Roosevelt Hospital Center
St Lukes Roosevelt Hospital Center (EIN: 132997301) is a nonprofit organization based in New York, NY, classified under NTEE code E22. The organization reported total revenue of $1.8B and total assets of $1.4B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Lukes Roosevelt Hospital Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Lukes Roosevelt Hospital Center is a major nonprofit that has been operating for 90 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6B |
| Total Expenses | $1.7B |
| Surplus / Deficit | $-96,944,107 |
| Total Assets | $1.4B |
| Total Liabilities | $1.5B |
| Net Assets | $-135,913,203 |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 109.7% |
| Months of Reserves | 9.8 months |
Financial Health Grade: C
In 2023, St Lukes Roosevelt Hospital Center reported a deficit of $96.9M with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 109.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Lukes Roosevelt Hospital Center's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +6.1% | -0.9% |
| 2022 | +1.6% | +8.3% | -6.7% |
| 2021 | +3.0% | +2.7% | -1.4% |
| 2020 | +7.8% | +6.7% | +10.5% |
| 2019 | +7.9% | +7.0% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1936 |
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 St Lukes Roosevelt Hospital Center with a Mission Score of 65 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, St Lukes Roosevelt Hospital Center 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 deficit of $96.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 109.7%.
Executive Compensation Analysis
The consistent reporting of 0% for officer compensation across all available filings is highly unusual for an organization with revenues exceeding $1.6 billion. This suggests that executive compensation may be reported under other expense categories or handled by a parent organization, which limits transparency regarding individual executive pay.
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 St Lukes Roosevelt Hospital Center's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $1,725,289,600 expenses vs. $1,628,345,493 revenue in 2023).
- Liabilities consistently exceed assets in recent years (e.g., $1,537,796,681 liabilities vs. $1,401,883,478 assets in 2023), indicating potential financial strain or high leverage.
- Reporting 0% for officer compensation across all filings, which is highly unusual for an organization of this scale and impacts transparency regarding executive pay.
Strengths
The following positive indicators were identified for St Lukes Roosevelt Hospital Center:
- Significant scale and consistent revenue generation, with latest revenue at $1,756,700,667, indicating a major role in healthcare provision.
- Consistent growth in assets over the long term, from $867,731,171 in 2015 to $1,401,883,478 in 2023, suggesting ongoing investment in infrastructure and capacity.
Frequently Asked Questions about St Lukes Roosevelt Hospital Center
Is St Lukes Roosevelt Hospital Center a legitimate charity?
St Lukes Roosevelt Hospital Center (EIN: 132997301) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8B. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does St Lukes Roosevelt Hospital Center spend its money?
St Lukes Roosevelt Hospital Center directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to St Lukes Roosevelt Hospital Center tax-deductible?
St Lukes Roosevelt Hospital Center is registered as a tax-exempt nonprofit (EIN: 132997301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Lukes Roosevelt Hospital Center CEO make?
St Lukes Roosevelt Hospital Center's highest-compensated officer earns $1.6 annually. The organization reported $1.8B in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Lukes Roosevelt Hospital Center's spending goes to programs?
St Lukes Roosevelt Hospital Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Lukes Roosevelt Hospital Center compare to similar nonprofits?
With a transparency score of 65/100 (Good), St Lukes Roosevelt Hospital Center is above average for NTEE category E22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Lukes Roosevelt Hospital Center located?
St Lukes Roosevelt Hospital Center is headquartered in New York, New York and files with the IRS under EIN 132997301. It is classified under NTEE code E22.
How many years of IRS 990 filings does St Lukes Roosevelt Hospital Center have?
St Lukes Roosevelt Hospital Center 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 $1.8B in total revenue.
Why does St Lukes Roosevelt Hospital Center consistently report 0% for officer compensation?
The consistent reporting of 0% for officer compensation across all available filings is highly unusual for an organization of this size. It suggests that executive compensation might be reported under different expense categories, such as general salaries, or that the executives are compensated by a parent entity, making it difficult to assess individual executive pay from these filings alone.
What is the reason for the consistent operational deficits?
The organization has consistently reported expenses exceeding revenues in most recent periods (e.g., $1,725,289,600 expenses vs. $1,628,345,493 revenue in 2023). This could be due to various factors common in healthcare, such as uncompensated care, rising operational costs, or reimbursement challenges. Further analysis of detailed expense categories would be needed to pinpoint specific drivers.
How does the organization manage its increasing liabilities?
Liabilities have consistently increased, often exceeding assets (e.g., $1,537,796,681 liabilities vs. $1,401,883,478 assets in 2023). This indicates a significant reliance on debt or other forms of financing. The organization likely manages these through long-term debt strategies, bond issuances, or support from a larger health system.
Filing History
IRS 990 filing history for St Lukes Roosevelt Hospital Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Lukes Roosevelt Hospital Center's revenue has grown by 33.8%, moving from $1.2B to $1.6B. Total assets increased by 50.8% over the same period, from $929.9M to $1.4B. Total functional expenses rose by 42.7%, from $1.2B to $1.7B. In its most recent filing year (2023), St Lukes Roosevelt Hospital Center reported a deficit of $96.9M, with expenses exceeding revenue. The organization holds $1.5B in liabilities against $1.4B in assets (debt-to-asset ratio: 109.7%), resulting in net assets of $-135,913,203.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6B | $1.7B | $1.4B | $1.5B | — | — |
| 2022 | $1.5B | $1.6B | $1.4B | $1.5B | — | View 990 |
| 2021 | $1.5B | $1.5B | $1.5B | $1.4B | — | View 990 |
| 2020 | $1.5B | $1.5B | $1.5B | $1.5B | — | View 990 |
| 2019 | $1.3B | $1.4B | $1.4B | $1.3B | — | View 990 |
| 2018 | $1.2B | $1.3B | $1.2B | $1.1B | — | View 990 |
| 2017 | $1.2B | $1.2B | $1.1B | $1.0B | — | View 990 |
| 2016 | $1.1B | $1.1B | $946.8M | $886.2M | — | View 990 |
| 2015 | $1.2B | $1.1B | $867.7M | $885.8M | — | View 990 |
| 2014 | $1.2B | $1.2B | $870.4M | $957.8M | — | View 990 |
| 2013 | $1.2B | $1.2B | $897.5M | $938.1M | — | View 990 |
| 2012 | $1.2B | $1.2B | $986.3M | $1.0B | — | View 990 |
| 2011 | $1.2B | $1.2B | $929.9M | $951.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6B, expenses of $1.7B, and assets of $1.4B (revenue +7.0% year-over-year).
- 2022: Revenue of $1.5B, expenses of $1.6B, and assets of $1.4B (revenue +1.6% year-over-year).
- 2021: Revenue of $1.5B, expenses of $1.5B, and assets of $1.5B (revenue +3.0% year-over-year).
- 2020: Revenue of $1.5B, expenses of $1.5B, and assets of $1.5B (revenue +7.8% year-over-year).
- 2019: Revenue of $1.3B, expenses of $1.4B, and assets of $1.4B (revenue +7.9% year-over-year).
- 2018: Revenue of $1.2B, expenses of $1.3B, and assets of $1.2B (revenue +3.0% year-over-year).
- 2017: Revenue of $1.2B, expenses of $1.2B, and assets of $1.1B (revenue +6.3% year-over-year).
- 2016: Revenue of $1.1B, expenses of $1.1B, and assets of $946.8M (revenue -3.6% year-over-year).
- 2015: Revenue of $1.2B, expenses of $1.1B, and assets of $867.7M (revenue +2.1% year-over-year).
- 2014: Revenue of $1.2B, expenses of $1.2B, and assets of $870.4M (revenue -1.1% year-over-year).
- 2013: Revenue of $1.2B, expenses of $1.2B, and assets of $897.5M (revenue -4.7% year-over-year).
- 2012: Revenue of $1.2B, expenses of $1.2B, and assets of $986.3M (revenue +1.2% year-over-year).
- 2011: Revenue of $1.2B, expenses of $1.2B, and assets of $929.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Lukes Roosevelt Hospital Center:
Data Sources and Methodology
This transparency report for St Lukes Roosevelt Hospital Center 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.