The Health Science Center At
The Health Science Center At consistently operates near break-even with growing assets and no reported officer compensation.
EIN: 112418771 · Brooklyn, NY · NTEE: B5BI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $321.5M |
| Total Expenses | $285.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $321M |
| Net Assets | $156.7M |
| Transparency Score | 85/100 |
Is The Health Science Center At Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Health Science Center At directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Health Science Center At
The Health Science Center At (EIN: 112418771) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B5BI. The organization reported total revenue of $321.5M and total assets of $306.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Health Science Center At's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Health Science Center At is a major nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $280.6M |
| Total Expenses | $285.1M |
| Surplus / Deficit | $-4,501,633 |
| Total Assets | $267.1M |
| Total Liabilities | $110.4M |
| Net Assets | $156.7M |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 41.3% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2023, The Health Science Center At reported a deficit of $4.5M with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 41.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Health Science Center At's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | +7.6% | +0.2% |
| 2022 | +26.5% | +28.5% | -7.6% |
| 2021 | +13.0% | +11.5% | +26.4% |
| 2020 | +38.2% | +36.0% | +8.7% |
| 2019 | +1229.6% | +2789.2% | +44.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 The Health Science Center At 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Health Science Center At 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 $4.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.3%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size ($321M latest revenue) and suggests that executive compensation may be reported under different categories or that the organization has a unique, potentially volunteer-based, leadership structure.
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 The Health Science Center At's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for a large organization)
Strengths
The following positive indicators were identified for The Health Science Center At:
- Consistent growth in revenue and assets over the past several years, indicating financial stability and expansion.
- Operating near break-even, suggesting efficient use of funds for current programs and operations.
- Healthy asset base ($267,093,664 in 2023) providing a strong financial foundation.
Frequently Asked Questions about The Health Science Center At
Is The Health Science Center At a legitimate charity?
The Health Science Center At (EIN: 112418771) 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: $321.5M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does The Health Science Center At spend its money?
The Health Science Center At directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to The Health Science Center At tax-deductible?
The Health Science Center At is registered as a tax-exempt nonprofit (EIN: 112418771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Health Science Center At CEO make?
The Health Science Center At's highest-compensated officer earns $321M annually. The organization reported $321.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Health Science Center At's spending goes to programs?
The Health Science Center At directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Health Science Center At compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Health Science Center At is above average for NTEE category B5BI nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Health Science Center At located?
The Health Science Center At is headquartered in Brooklyn, New York and files with the IRS under EIN 112418771. It is classified under NTEE code B5BI.
How many years of IRS 990 filings does The Health Science Center At have?
The Health Science Center At 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 $321.5M in total revenue.
How is executive compensation handled if 'Officer Comp' is consistently reported as 0%?
The IRS 990 filings consistently show 0% for 'Officer Comp'. This could mean executive compensation is categorized differently (e.g., as salaries for key employees not classified as officers), or the organization has a unique compensation model. Further detail from the organization's financial statements would be needed to understand this.
What is the primary driver of the significant asset growth observed since 2018?
Assets have grown from $145,617,211 in 2018 to $267,093,664 in 2023. This growth could be due to capital investments, successful fundraising campaigns, or appreciation of existing assets. A detailed breakdown of asset types would clarify this.
Given the near break-even operations, how does the organization manage unexpected financial needs or future investments?
Operating close to break-even, as seen with expenses of $285,115,114 against revenues of $280,613,481 in 2023, suggests a tight budget. The organization likely relies on its growing asset base, specific grants, or lines of credit for unforeseen expenses or strategic investments.
Filing History
IRS 990 filing history for The Health Science Center At showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Health Science Center At's revenue has grown by 320.9%, moving from $66.7M to $280.6M. Total assets increased by 48.7% over the same period, from $179.6M to $267.1M. Total functional expenses rose by 602.6%, from $40.6M to $285.1M. In its most recent filing year (2023), The Health Science Center At reported a deficit of $4.5M, with expenses exceeding revenue. The organization holds $110.4M in liabilities against $267.1M in assets (debt-to-asset ratio: 41.3%), resulting in net assets of $156.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $280.6M | $285.1M | $267.1M | $110.4M | — | — |
| 2022 | $265.1M | $265.1M | $266.6M | $109.2M | — | View 990 |
| 2021 | $209.5M | $206.2M | $288.4M | $108.3M | — | View 990 |
| 2020 | $185.4M | $184.9M | $228.2M | $74.2M | — | View 990 |
| 2019 | $134.2M | $135.9M | $209.9M | $66.2M | — | View 990 |
| 2018 | $10.1M | $4.7M | $145.6M | $9.5M | — | View 990 |
| 2017 | $14.2M | $9.2M | $150.1M | $17.6M | — | View 990 |
| 2016 | $13.0M | $20.1M | $138.7M | $11.2M | — | View 990 |
| 2015 | $35.9M | $28.1M | $154.8M | $15.5M | — | View 990 |
| 2014 | $138.6M | $127.0M | $173.9M | $39.5M | — | View 990 |
| 2013 | $94.1M | $96.0M | $151.7M | $39.9M | — | View 990 |
| 2012 | $169.0M | $167.8M | $175.6M | $51.5M | — | View 990 |
| 2011 | $66.7M | $40.6M | $179.6M | $53.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $280.6M, expenses of $285.1M, and assets of $267.1M (revenue +5.9% year-over-year).
- 2022: Revenue of $265.1M, expenses of $265.1M, and assets of $266.6M (revenue +26.5% year-over-year).
- 2021: Revenue of $209.5M, expenses of $206.2M, and assets of $288.4M (revenue +13.0% year-over-year).
- 2020: Revenue of $185.4M, expenses of $184.9M, and assets of $228.2M (revenue +38.2% year-over-year).
- 2019: Revenue of $134.2M, expenses of $135.9M, and assets of $209.9M (revenue +1229.6% year-over-year).
- 2018: Revenue of $10.1M, expenses of $4.7M, and assets of $145.6M (revenue -29.0% year-over-year).
- 2017: Revenue of $14.2M, expenses of $9.2M, and assets of $150.1M (revenue +9.5% year-over-year).
- 2016: Revenue of $13.0M, expenses of $20.1M, and assets of $138.7M (revenue -63.9% year-over-year).
- 2015: Revenue of $35.9M, expenses of $28.1M, and assets of $154.8M (revenue -74.1% year-over-year).
- 2014: Revenue of $138.6M, expenses of $127.0M, and assets of $173.9M (revenue +47.3% year-over-year).
- 2013: Revenue of $94.1M, expenses of $96.0M, and assets of $151.7M (revenue -44.3% year-over-year).
- 2012: Revenue of $169.0M, expenses of $167.8M, and assets of $175.6M (revenue +153.5% year-over-year).
- 2011: Revenue of $66.7M, expenses of $40.6M, and assets of $179.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Health Science Center At:
Data Sources and Methodology
This transparency report for The Health Science Center At 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.