PARTNERS HEALTH PLAN INC
BRONX, NY 10461 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $305,304,394 | $359,727,511 | -$110,626,967 |
| FY2023 | $336,505,403 | $323,221,261 | -$56,203,281 |
| FY2022 | $302,379,602 | $293,122,825 | -$69,488,093 |
| FY2021 | $287,431,178 | $311,851,883 | -$78,744,408 |
| FY2020 | $260,649,333 | $277,681,092 | -$54,323,454 |
| FY2019 | $221,034,942 | $230,469,415 | -$37,280,975 |
| FY2018 | $148,202,298 | $149,597,174 | -$27,857,965 |
| FY2017 | $88,380,056 | $99,939,959 | -$26,529,928 |
| FY2016 | $31,707,155 | $37,292,958 | -$14,874,247 |
| FY2015 | $9,120,687 | $9,718,238 | -$9,317,648 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $305,301,844 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $336,072,860 | 93% |
| Management & general | $23,654,651 | 7% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2024. That is higher than 82.5% of 435 Health Care organizations in NY.
- Net assets covered about -3.7 months of expenses at the end of the reporting year. That puts it in the 8th percentile among 1642 Health Care organizations in NY.
- Total revenue was higher than 95.4% of 1756 Health Care organizations in NY.
- Total revenue rose from $9,120,687 in FY2015 to $305,304,394 in FY2024, Revenue increased in 8 and decreased in 1 of 9 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 10 reported years (FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2024).
- The highest revenue on record here is $336,505,403 in FY2023.
- Net assets declined from -$9,317,648 to -$110,626,967 between FY2015 and FY2024.
- Contributions and grants made up 100% of revenue in FY2015 and 0% in FY2024.
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
PARTNERS HEALTH PLAN, INC. IS A MISSION-DRIVEN, PERSON-CENTERED ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS IN PURSUING THE LIVES THEY CHOOSE.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(4) |
| Program area (NTEE) | E800 — Health Care (in NY) |
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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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