Wyckoff Heights Medical Center
Wyckoff Heights Medical Center experiences fluctuating financial performance with recent net losses despite high revenue.
EIN: 111631837 · Brooklyn, NY · NTEE: E21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $406.3M |
| Total Expenses | $425.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $400 |
| Net Assets | $2.0M |
| Transparency Score | 65/100 |
Is Wyckoff Heights Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wyckoff Heights Medical Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wyckoff Heights Medical Center
Wyckoff Heights Medical Center (EIN: 111631837) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E21. The organization reported total revenue of $406.3M and total assets of $462.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wyckoff Heights Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wyckoff Heights Medical Center is a major nonprofit that has been operating for 84 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 | $415.3M |
| Total Expenses | $425.2M |
| Surplus / Deficit | $-9,855,792 |
| Total Assets | $471.6M |
| Total Liabilities | $469.6M |
| Net Assets | $2.0M |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 99.6% |
| Months of Reserves | 13.3 months |
Financial Health Grade: C
In 2023, Wyckoff Heights Medical Center reported a deficit of $9.9M with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position), has a debt-to-asset ratio of 99.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wyckoff Heights Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | +9.7% | +28.7% |
| 2022 | +12.2% | +7.4% | +15.2% |
| 2021 | -1.0% | +8.0% | -3.2% |
| 2020 | +11.7% | +7.9% | +44.5% |
| 2019 | -13.2% | -9.9% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Wyckoff Heights Medical 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, Wyckoff Heights Medical 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 $9.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.6%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation, which is highly unusual for a medical center of this scale with over $400 million in annual revenue and suggests that executive compensation may be reported under different categories or is not fully disclosed in the provided summary data, impacting 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 Wyckoff Heights Medical Center's IRS 990 filings:
- Inconsistent financial performance with recent net losses (e.g., 2023 expenses exceeded revenue by $9.8M).
- High liabilities relative to assets in several periods, indicating potential financial leverage.
- 0% officer compensation reported, which is highly unusual for an organization of this scale and may indicate incomplete transparency regarding executive pay.
Strengths
The following positive indicators were identified for Wyckoff Heights Medical Center:
- Substantial and growing revenue base, exceeding $400 million in recent years.
- Significant growth in assets over the past decade, indicating investment in capacity.
- Large-scale operations providing critical healthcare services to the community.
Frequently Asked Questions about Wyckoff Heights Medical Center
Is Wyckoff Heights Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Wyckoff Heights Medical Center (EIN: 111631837) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Wyckoff Heights Medical Center spend its money?
Wyckoff Heights Medical Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wyckoff Heights Medical Center tax-deductible?
Wyckoff Heights Medical Center is registered as a tax-exempt nonprofit (EIN: 111631837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wyckoff Heights Medical Center CEO make?
Wyckoff Heights Medical Center's highest-compensated officer earns $400 annually. The organization reported $406.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wyckoff Heights Medical Center's spending goes to programs?
Wyckoff Heights Medical Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wyckoff Heights Medical Center compare to similar nonprofits?
With a transparency score of 65/100 (Good), Wyckoff Heights Medical Center is above average for NTEE category E21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wyckoff Heights Medical Center located?
Wyckoff Heights Medical Center is headquartered in Brooklyn, New York and files with the IRS under EIN 111631837. It is classified under NTEE code E21.
How many years of IRS 990 filings does Wyckoff Heights Medical Center have?
Wyckoff Heights Medical 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 $406.3M in total revenue.
Is Wyckoff Heights Medical Center financially stable?
The medical center's financial stability appears to fluctuate. While it generates substantial revenue, recent periods show both surpluses (e.g., 2022 with a $20.8M surplus) and deficits (e.g., 2023 with a $9.8M deficit), indicating an inconsistent financial performance year-over-year.
How has the organization's asset base changed over time?
Wyckoff Heights Medical Center's assets have grown significantly, from $167,771,450 in 2014 to $471,648,060 in 2023, indicating substantial expansion or investment in its infrastructure and operations.
What is the trend in liabilities for the medical center?
Liabilities have also increased over time, from $260,829,568 in 2014 to $469,613,280 in 2023, often remaining high relative to assets, suggesting a significant level of debt or financial obligations.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation in the provided data is highly unusual for an organization of this size and suggests that executive compensation might be reported in a different section of the full 990 form or is not included in this summary, which could be a transparency concern.
Filing History
IRS 990 filing history for Wyckoff Heights Medical Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wyckoff Heights Medical Center's revenue has grown by 33.8%, moving from $310.4M to $415.3M. Total assets increased by 187.8% over the same period, from $163.9M to $471.6M. Total functional expenses rose by 31.8%, from $322.7M to $425.2M. In its most recent filing year (2023), Wyckoff Heights Medical Center reported a deficit of $9.9M, with expenses exceeding revenue. The organization holds $469.6M in liabilities against $471.6M in assets (debt-to-asset ratio: 99.6%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $415.3M | $425.2M | $471.6M | $469.6M | — | — |
| 2022 | $408.5M | $387.7M | $366.4M | $354.5M | — | View 990 |
| 2021 | $364.1M | $361.1M | $318.1M | $327.2M | — | View 990 |
| 2020 | $367.9M | $334.5M | $328.7M | $340.8M | — | View 990 |
| 2019 | $329.4M | $310.1M | $227.4M | $273.1M | — | View 990 |
| 2018 | $379.5M | $344.2M | $208.6M | $273.9M | — | View 990 |
| 2017 | $354.8M | $340.2M | $176.8M | $271.9M | — | View 990 |
| 2016 | $313.9M | $332.8M | $171.8M | $281.5M | — | View 990 |
| 2015 | $297.4M | $295.2M | $180.7M | $271.5M | — | View 990 |
| 2014 | $293.6M | $291.3M | $167.8M | $260.8M | — | View 990 |
| 2013 | $277.5M | $276.5M | $158.9M | $254.3M | — | View 990 |
| 2012 | $281.5M | $276.2M | $180.6M | $277.0M | — | View 990 |
| 2011 | $310.4M | $322.7M | $163.9M | $265.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $415.3M, expenses of $425.2M, and assets of $471.6M (revenue +1.7% year-over-year).
- 2022: Revenue of $408.5M, expenses of $387.7M, and assets of $366.4M (revenue +12.2% year-over-year).
- 2021: Revenue of $364.1M, expenses of $361.1M, and assets of $318.1M (revenue -1.0% year-over-year).
- 2020: Revenue of $367.9M, expenses of $334.5M, and assets of $328.7M (revenue +11.7% year-over-year).
- 2019: Revenue of $329.4M, expenses of $310.1M, and assets of $227.4M (revenue -13.2% year-over-year).
- 2018: Revenue of $379.5M, expenses of $344.2M, and assets of $208.6M (revenue +7.0% year-over-year).
- 2017: Revenue of $354.8M, expenses of $340.2M, and assets of $176.8M (revenue +13.0% year-over-year).
- 2016: Revenue of $313.9M, expenses of $332.8M, and assets of $171.8M (revenue +5.5% year-over-year).
- 2015: Revenue of $297.4M, expenses of $295.2M, and assets of $180.7M (revenue +1.3% year-over-year).
- 2014: Revenue of $293.6M, expenses of $291.3M, and assets of $167.8M (revenue +5.8% year-over-year).
- 2013: Revenue of $277.5M, expenses of $276.5M, and assets of $158.9M (revenue -1.4% year-over-year).
- 2012: Revenue of $281.5M, expenses of $276.2M, and assets of $180.6M (revenue -9.3% year-over-year).
- 2011: Revenue of $310.4M, expenses of $322.7M, and assets of $163.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wyckoff Heights Medical Center:
Data Sources and Methodology
This transparency report for Wyckoff Heights Medical 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.