NYU LANGONE HOSPITALS
550 1ST AVE, NEW YORK, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $10,489,477,025 | $9,814,698,011 | $7,378,849,326 |
| FY2024 | $9,453,515,938 | $8,689,178,304 | $6,609,574,060 |
| FY2023 | $8,868,510,832 | $7,561,157,803 | $6,122,261,497 |
| FY2022 | $7,377,549,401 | $6,683,653,505 | $4,785,735,542 |
| FY2021 | $7,221,004,905 | $6,371,287,061 | $4,541,212,984 |
| FY2020 | $6,624,270,478 | $6,218,674,898 | $3,371,351,287 |
| FY2019 | $4,997,916,926 | $4,604,940,186 | $3,008,203,577 |
| FY2018 | $4,318,340,516 | $4,215,533,545 | $2,434,905,474 |
| FY2017 | $3,939,285,119 | $3,759,449,412 | $2,371,829,202 |
| FY2016 | $3,507,764,725 | $3,268,322,761 | $2,045,319,019 |
| FY2015 | $2,621,538,541 | $2,401,392,211 | $1,731,004,701 |
| FY2014 | $2,631,432,261 | $2,140,944,302 | $1,560,834,430 |
| FY2013 | $2,077,776,722 | $1,952,157,928 | $1,046,822,097 |
| FY2012 | $1,940,482,050 | $1,751,151,980 | $816,345,761 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $86,172,936 | 1% |
| Program service revenue | $9,999,374,049 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $8,576,751,241 | 87% |
| Management & general | $1,232,669,004 | 13% |
| Fundraising | $5,277,766 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 87% of functional expenses, management & general 13%, and fundraising 0%.
- 87% of functional expenses went to program services in FY2025. That is higher than 51.7% of 435 Health Care organizations in NY.
- Net assets covered about 9 months of expenses at the end of the reporting year. That puts it in the 52nd 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 $1,940,482,050 in FY2012 to $10,489,477,025 in FY2025, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $816,345,761 to $7,378,849,326 between FY2012 and FY2025.
- 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
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.
IRS status
| Ruling year | 1998 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E20G — 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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