Nyu Langone Hospitals
87% goes to programs $6 to raise $100 Strong reserves Growing revenue
Nyu Langone Hospitals is a 501(c)(3) organization based in New York, New York, registered in 1998, with $9,453,515,938 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
550 1st Ave, New York, NY, 10016 EIN 13-3971298 Since 1998
Revenue (FY2023)
$9.5B
▲ 6.6% vs prior year
Health median: $840K
Expenses (FY2023)
$8.7B
Net assets
$6.6B
Employees
31,305
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $6 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Nyu Langone Hospitals: 87% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Nyu Langone Hospitals: 9 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Nyu Langone Hospitals: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Nyu Langone Hospitals: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Nyu langone hospitals' trifold mission to serve, teach, and discover is achieved daily through an integrated academic culture devoted to excellence in patient care, education, and research.
Contact & location
- Address
- 550 1st Ave, New York, NY, 10016
- City
- New York
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.6B (FY2013) to $9.5B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5.5BNet assets $6.6B
Operating margin
8.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.1B
Total liabilities
$5.5B
Net assets
$6.6B
Salaries & benefits
$3.6B
41% of expenses
Board members
49
44 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,453,515,938▲6.6% | $8,689,178,304▲14.9% | $6,609,574,060▲8.0% | $12,126,285,826▲4.2% | 990 |
| 2022 | $8,868,510,832▲20.2% | $7,561,157,803▲13.1% | $6,122,261,497▲27.9% | $11,633,275,920▲10.8% | 990 |
| 2021 | $7,377,549,401▲2.2% | $6,683,653,505▲4.9% | $4,785,735,542▲5.4% | $10,501,590,232▼3.2% | 990 |
| 2020 | $7,221,004,905▲9.0% | $6,371,287,061▲2.5% | $4,541,212,984▲34.7% | $10,843,796,997▲9.5% | 990 |
| 2019 | $6,624,270,478▲32.5% | $6,218,674,898▲35.0% | $3,371,351,287▲12.1% | $9,902,202,280▲27.8% | 990 |
| 2018 | $4,997,916,926▲15.7% | $4,604,940,186▲9.2% | $3,008,203,577▲23.5% | $7,749,093,233▲33.7% | 990 |
| 2017 | $4,318,340,516▲9.6% | $4,215,533,545▲12.1% | $2,434,905,474▲2.7% | $5,795,186,290▲6.6% | 990 |
| 2016 | $3,939,285,119▲12.3% | $3,759,449,412▲15.0% | $2,371,829,202▲16.0% | $5,434,591,498▲10.8% | 990 |
| 2015 | $3,507,764,725▲33.8% | $3,268,322,761▲36.1% | $2,045,319,019▲18.2% | $4,906,811,451▲26.0% | 990 |
| 2014 | $2,621,538,541▼0.4% | $2,401,392,211▲12.2% | $1,731,004,701▲10.9% | $3,895,267,633▲3.7% | 990 |
| 2013 | $2,631,432,261 | $2,140,944,302▲9.7% | $1,560,834,430▲49.1% | $3,758,030,479▲32.1% | 990 |
| 2012 | — | $1,952,157,928▲11.5% | $1,046,822,097▲28.2% | $2,844,418,958▲18.2% | 990 |
| 2011 | — | $1,751,151,980▲10.5% | $816,345,761▲17.6% | $2,406,151,798▲24.8% | 990 |
| 2010 | — | $1,585,460,186▲11.2% | $693,947,838▲36.8% | $1,928,452,352▲24.9% | 990 |
| 2009 | — | $1,425,369,083 | $507,148,637 | $1,543,420,783 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Robert I Grossman Md — $15,305,725 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert I Grossman Md | Ex-officio, Dean & Ceo | 30 | $15,305,725 |
| Fritz Francois Md | Evp/vice Dean Chief of Hosp Ops | 60 | $4,859,581 |
| Daniel J Widawsky | Evp/vice Dean, Cfo (through 1/2024) | 30 | $4,640,681 |
| Bret Rudy Md | Evp. Chief of Hospital Ops Nyulh Bk | 60 | $4,099,819 |
| Joseph J Greco Md | Evp. Chief of Hospital Ops Nyulh Li | 60 | $4,073,466 |
| Andrew W Brotman Md | Evp/vice Dean Chief Clinical Offcr | 30 | $4,028,530 |
| Annette Johnson Jd | Evp/vice Dean, General Counsel | 30 | $2,751,215 |
| Vicki Match Suna Aia | Evp/vice Dean, Real Estate | 30 | $2,702,071 |
| Nader Mherabi | Evp/vice Dean, Cio | 30 | $2,689,924 |
| Nancy Sanchez | Evp/vice Dean, Hr and Odl | 30 | $2,676,049 |
| Grace Y Ko | Evp, Development & Alumni Affairs | 30 | $2,617,431 |
| Joseph J Lhota Cfo From 224 | Evp/vice Dean, Cfo & Chf of Staff | 30 | $2,102,335 |
| Eduardo Dejesus Rodriguez Md | Chair, Plastic Surgery | 25.2 | $1,391,983 |
| Steven B Abramson Md | Evp/vice Dean Education | 18.6 | $1,355,376 |
| John Golfinos Md | Chair, Dept of Neurosurgery | 17.4 | $932,340 |
| Ralph S Mosca Md | Chair, Cardiothoracic Surgery | 10.8 | $612,173 |
| Pietrina Scaraglino Esq | Assistant Secretary | 30 | $258,017 |
| Alice M Tisch | Trustee | 1 | — |
| Allen R Thorpe | Trustee | 1 | — |
| Andrew Hamilton Phd | Former Ex-officio (through 6/2023) | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Lend Lease (us) Construction Lmb Inc | Construction | $24,739,567 |
| Aya Healthcare Inc | Staffing | $22,171,088 |
| Skanska USA Building Inc | Construction | $16,419,960 |
| Helmsman Management Services LLC | Consulting | $16,088,223 |
| Computer Design & Integration LLC | Consulting | $13,676,366 |
Grants received · $93.9M total
169 grants to Nyu Langone Hospitals totaling $93.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Health, general | 2024 | $3,175,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $2,394,278 |
| Denver Foundation | Hospitals | 2024 | $474,080 |
| The New York Community Trust | For program support. | 2024 | $125,000 |
| Ayco Charitable Foundation | Medical / public services | 2024 | $50,500 |
| Fjc | General operating support | 2024 | $41,080 |
| Charities Aid Foundation America | Charitable donation | 2024 | $35,766 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $30,000 |
| The Bessemer Giving Fund | General support | 2024 | $25,100 |
| American Cancer Society Inc | Patient support | 2024 | $15,000 |
| American Cancer Society Inc | Patient support | 2024 | $15,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,000 |
| Community Foundation of Jackson Hole | Epilepsy center at nyu langone health | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $9,949 |
| The New York Community Trust | For general support. | 2024 | $6,000 |
Grants made · $1.7B in FY2023
5 grants totaling $1.7B in FY2023. All grants made by Nyu Langone Hospitals →
| Recipient | Purpose | Amount |
|---|---|---|
| New York University | Support clinical, educational, and research activities of nyu grossman school of medicine. | $1,631,977,094 |
| Sunset Park Health Council Inc | Support educational training activities at family health centers at nyu langone. | $31,701,173 |
| Arthritis Foundation Inc | Support educational and research activities at arthritis foundation. | $150,000 |
| Lupus Research Alliance Inc | Support educational and research activities at lupus research alliance. | $12,500 |
| Lupus Foundation of America Inc | Support educational and research activities at lupus foundation of america. | $5,000 |
Similar organizations in Health
Health
Memorial Sloan-kettering Cancer Center
New York, NY
$8.5B
Aannual revenue
Health
The New York and Presbyterian Hospital
New York, NY
$10.7B
Aannual revenue
- Health
Healthfirst Phsp Inc
New York, NY
$12.2B
Aannual revenue
Health
Montefiore Medical Center
Bronx, NY
$5.9B
C+annual revenue
Health
Metroplus Health Plan Inc
New York, NY
$4.9B
Aannual revenue
Health
Health Insurance Plan of Greater New York
New York, NY
$4.7B
B+annual revenue
- Health
Mount Sinai Hospital
New York, NY
$4.7B
A+annual revenue
Health
Long Island Jewish Medical Center
Westbury, NY
$4.6B
Aannual revenue
North Shore University Hospital
Westbury, NY
$3.9B
Aannual revenue
Northwell Healthcare Inc
Westbury, NY
$2.7B
B+annual revenue
Compare Nyu Langone Hospitals
Frequently asked questions
- Is Nyu Langone Hospitals a legitimate nonprofit?
- Yes. Nyu Langone Hospitals is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3971298, based in New York, New York. Donations are tax-deductible.
- What is Nyu Langone Hospitals's EIN?
- Nyu Langone Hospitals's Employer Identification Number (EIN) is 13-3971298.
- How much revenue does Nyu Langone Hospitals report?
- Nyu Langone Hospitals reported $9,453,515,938 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Nyu Langone Hospitals's spending goes to programs?
- Nyu Langone Hospitals spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Nyu Langone Hospitals have?
- CharityIndex grades Nyu Langone Hospitals A, based on program efficiency and fundraising cost.
- How much does Nyu Langone Hospitals's highest-paid employee make?
- The highest reported compensation on Nyu Langone Hospitals's latest Form 990 is $15,305,725, paid to Robert I Grossman Md (Ex-officio, Dean & Ceo).
More nonprofits in New York
Explore more
Data for Nyu Langone Hospitals (EIN 13-3971298) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.