Westchester Medical Center Foundation Inc
Westchester Medical Center Foundation Inc shows consistent revenue growth and zero officer compensation over a decade.
EIN: 134095845 · Valhalla, NY · NTEE: E112 · Updated: 2026-03-28
Is Westchester Medical Center Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westchester Medical Center Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westchester Medical Center Foundation Inc
Westchester Medical Center Foundation Inc (EIN: 134095845) is a nonprofit organization based in Valhalla, NY, classified under NTEE code E112. The organization reported total revenue of $18.2M and total assets of $48.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westchester Medical Center Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Westchester Medical Center Foundation Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Westchester Medical Center Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the foundation, which is highly unusual for an organization of its size with assets exceeding $40 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 Westchester Medical Center Foundation Inc's IRS 990 filings:
- Lack of detailed program vs. administrative vs. fundraising expense breakdown in provided data, making precise spending efficiency analysis difficult beyond the overall expense ratio.
Strengths
The following positive indicators were identified for Westchester Medical Center Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and transparency regarding executive pay.
- Strong and consistent revenue growth over the past decade, from $1.1M in 2014 to $7.5M in 2023.
- Significant asset accumulation, growing from $4.5M in 2014 to $41.8M in 2023, demonstrating robust financial health.
- Consistent financial surpluses, with revenues regularly exceeding expenses (e.g., $7.5M revenue vs. $5.2M expenses in 2023), allowing for asset growth and future program funding.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $852,684 liabilities vs. $41,879,600 assets in 2023).
Frequently Asked Questions about Westchester Medical Center Foundation Inc
Is Westchester Medical Center Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westchester Medical Center Foundation Inc (EIN: 134095845) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Westchester Medical Center Foundation Inc spend its money?
Westchester Medical Center Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Westchester Medical Center Foundation Inc tax-deductible?
Westchester Medical Center Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134095845). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Westchester Medical Center Foundation Inc a good charity?
Based on the available IRS 990 data, the foundation appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth, significant asset accumulation (from $4.5M in 2014 to $41.8M in 2023), and a remarkable commitment to transparency by reporting 0% officer compensation for over a decade.
How does the foundation manage its finances?
The foundation manages its finances effectively, consistently generating surpluses (e.g., $7.5M revenue vs. $5.2M expenses in 2023) and growing its assets substantially. This indicates sound financial planning and resource allocation.
What is the trend in the foundation's revenue and assets?
The foundation shows a strong upward trend in both revenue and assets. Revenue has generally increased from $1.1M in 2014 to $7.5M in 2023, and assets have grown dramatically from $4.5M in 2014 to $41.8M in 2023, reflecting significant financial growth and stability.
Filing History
IRS 990 filing history for Westchester Medical Center Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Westchester Medical Center Foundation Inc's revenue has grown by 1135.2%, moving from $607K to $7.5M. Total assets increased by 705.6% over the same period, from $5.2M to $41.9M. Total functional expenses rose by 1004%, from $471K to $5.2M. In its most recent filing year (2023), Westchester Medical Center Foundation Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $853K in liabilities against $41.9M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $41.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.5M | $5.2M | $41.9M | $853K | — | — |
| 2022 | $7.8M | $4.5M | $36.7M | $600K | — | View 990 |
| 2021 | $6.6M | $4.1M | $37.9M | $451K | — | View 990 |
| 2020 | $5.5M | $3.2M | $33.8M | $167K | — | View 990 |
| 2019 | $7.3M | $3.8M | $30.8M | $571K | — | View 990 |
| 2018 | $8.7M | $4.9M | $26.5M | $470K | — | View 990 |
| 2017 | $8.6M | $4.6M | $24.8M | $437K | — | View 990 |
| 2016 | $9.3M | $4.5M | $22.0M | $640K | — | View 990 |
| 2015 | $4.3M | $3.7M | $17.1M | $528K | — | View 990 |
| 2014 | $1.2M | $1.7M | $4.5M | $215K | — | View 990 |
| 2013 | $1.2M | $681K | $4.9M | $82K | — | View 990 |
| 2012 | $787K | $595K | $4.6M | $243K | — | View 990 |
| 2011 | $576K | $1.5M | $4.3M | $177K | — | View 990 |
| 2010 | $607K | $471K | $5.2M | $115K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.5M, expenses of $5.2M, and assets of $41.9M (revenue -3.8% year-over-year).
- 2022: Revenue of $7.8M, expenses of $4.5M, and assets of $36.7M (revenue +18.2% year-over-year).
- 2021: Revenue of $6.6M, expenses of $4.1M, and assets of $37.9M (revenue +20.3% year-over-year).
- 2020: Revenue of $5.5M, expenses of $3.2M, and assets of $33.8M (revenue -24.7% year-over-year).
- 2019: Revenue of $7.3M, expenses of $3.8M, and assets of $30.8M (revenue -16.4% year-over-year).
- 2018: Revenue of $8.7M, expenses of $4.9M, and assets of $26.5M (revenue +1.5% year-over-year).
- 2017: Revenue of $8.6M, expenses of $4.6M, and assets of $24.8M (revenue -8.1% year-over-year).
- 2016: Revenue of $9.3M, expenses of $4.5M, and assets of $22.0M (revenue +118.0% year-over-year).
- 2015: Revenue of $4.3M, expenses of $3.7M, and assets of $17.1M (revenue +266.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.7M, and assets of $4.5M (revenue -5.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $681K, and assets of $4.9M (revenue +56.6% year-over-year).
- 2012: Revenue of $787K, expenses of $595K, and assets of $4.6M (revenue +36.7% year-over-year).
- 2011: Revenue of $576K, expenses of $1.5M, and assets of $4.3M (revenue -5.2% year-over-year).
- 2010: Revenue of $607K, expenses of $471K, and assets of $5.2M.
Data Sources and Methodology
This transparency report for Westchester Medical 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.