THE NEW YORK AND PRESBYTERIAN HOSPITAL
525 E 68TH ST, NEW YORK, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $10,662,065,094 | $10,114,875,710 | $13,997,717,750 |
| FY2023 | $10,254,512,111 | $9,755,790,336 | $12,116,861,812 |
| FY2022 | $8,916,664,958 | $8,545,743,761 | $10,650,692,240 |
| FY2021 | $7,331,871,637 | $7,046,564,401 | $10,052,869,560 |
| FY2020 | $6,703,258,154 | $7,256,864,939 | $8,157,149,281 |
| FY2019 | $6,714,154,880 | $6,401,756,534 | $8,273,346,343 |
| FY2018 | $6,320,339,436 | $5,966,434,053 | $7,394,731,009 |
| FY2017 | $5,694,362,091 | $5,282,081,738 | $6,884,096,106 |
| FY2016 | $5,317,043,380 | $4,929,181,210 | $5,768,106,568 |
| FY2015 | $4,816,088,296 | $4,545,788,229 | $5,238,943,229 |
| FY2014 | $4,540,758,825 | $4,244,955,757 | $5,016,533,120 |
| FY2013 | $4,379,915,697 | $4,063,382,265 | $4,795,314,032 |
| FY2012 | $3,923,623,192 | $3,653,991,760 | $3,689,399,589 |
| FY2011 | $3,706,915,076 | $3,499,335,917 | $3,227,777,745 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $193,594,383 | 2% |
| Program service revenue | $10,318,105,271 | 98% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $8,592,856,458 | 85% |
| Management & general | $1,522,019,252 | 15% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2024.
- Program services accounted for 85% of functional expenses, management & general 15%, and fundraising 0%.
- 85% of functional expenses went to program services in FY2024. That is higher than 35.2% of 435 Health Care organizations in NY.
- Net assets covered about 16.6 months of expenses at the end of the reporting year. That puts it in the 64th percentile among 1642 Health Care organizations in NY.
- Total revenue was higher than 100% of 1756 Health Care organizations in NY.
- Total revenue rose from $3,706,915,076 in FY2011 to $10,662,065,094 in FY2024, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2020).
- Net assets grew from $3,227,777,745 to $13,997,717,750 between FY2011 and FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO BE A LEADER IN THE PROVISION OF WORLD CLASS PATIENT CARE, TEACHING, RESEARCH, AND SERVICE TO LOCAL, STATE, NATIONAL, AND INTERNATIONAL COMMUNITIES.
IRS status
| Ruling year | 1997 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in NY) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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