MOUNT SINAI HOSPITAL MEDICAL CENTER
CALIFORNIA AVENUE AT 15TH STREET, CHICAGO, IL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $481,329,620 | $522,583,759 | -$72,292,547 |
| FY2024 | $428,262,286 | $473,848,772 | -$31,331,055 |
| FY2023 | $426,368,743 | $452,277,577 | $14,258,127 |
| FY2022 | $399,960,454 | $407,788,510 | $41,899,048 |
| FY2021 | $389,717,732 | $357,798,162 | $43,312,125 |
| FY2020 | $380,310,542 | $351,738,877 | $11,147,482 |
| FY2019 | $346,598,701 | $323,069,456 | -$21,311,340 |
| FY2018 | $333,909,433 | $343,347,819 | -$42,737,993 |
| FY2017 | $312,147,310 | $346,496,651 | -$27,120,230 |
| FY2016 | $335,543,872 | $324,640,004 | $2,428,581 |
| FY2015 | $316,679,562 | $311,584,870 | -$8,776,563 |
| FY2014 | $287,322,258 | $283,751,695 | -$16,617,957 |
| FY2013 | $287,497,615 | $296,139,804 | -$21,089,195 |
| FY2012 | $289,136,096 | $286,837,288 | -$12,648,713 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $9,344,253 | 2% |
| Program service revenue | $464,628,354 | 98% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $417,839,934 | 80% |
| Management & general | $104,743,825 | 20% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2025.
- Program services accounted for 80% of functional expenses, management & general 20%, and fundraising 0%.
- 80% of functional expenses went to program services in FY2025. That is higher than 35.1% of 188 Health Care organizations in IL.
- Net assets covered about -1.7 months of expenses at the end of the reporting year. That puts it in the 4th percentile among 691 Health Care organizations in IL.
- Total revenue was higher than 96.6% of 709 Health Care organizations in IL.
- Total revenue rose from $289,136,096 in FY2012 to $481,329,620 in FY2025, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 14 reported years (FY2013, FY2017, FY2018, FY2022, FY2023, FY2024, FY2025).
- Net assets declined from -$12,648,713 to -$72,292,547 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
AS A MEMBER OF SINAI HEALTH SYSTEM, MOUNT SINAI HOSPITAL MEDICAL CENTER'S MISSION IS TO IMPROVE THE HEALTH OF THE INDIVIDUALS AND COMMUNITIES IT SERVES BY PROVIDING COMPREHENSIVE MEDICAL, SURGICAL, PEDIATRIC, PSYCHIATRIC, AND INTENSIVE CARE SERVICES.
IRS status
| Ruling year | 1926 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in IL) |
| 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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