One Brooklyn Health System Inc
1 Brookdale Plz, Brooklyn, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $4,636,691 | $47 | $192,619,271 |
| FY2023 | $112,735,553 | $5,252 | $134,909,845 |
| FY2022 | $747,983 | $5,944 | $84,641,912 |
| FY2021 | $1,084,030 | $117,068 | -$25,654,630 |
| FY2020 | $18,135,256 | $9,780 | $25,598,759 |
| FY2019 | $7,586,624 | $113,341 | $7,473,283 |
Form 990 filings
The returns filed by One Brooklyn Health System Inc (EIN 81-5323275), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $4,636,691 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $0 | 0% |
| Management & general | $47 | 100% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2024.
- Program services accounted for 0% of functional expenses, management & general 100%, and fundraising 0%.
- 0% of functional expenses went to program services in FY2024.
- Net assets covered about 49179388.3 months of expenses at the end of the reporting year. That is the highest among 1642 Health Care organizations in NY.
- Total revenue was higher than 66.3% of 1756 Health Care organizations in NY.
- Total revenue fell from $7,586,624 in FY2019 to $4,636,691 in FY2024. Revenue increased in 2 and decreased in 3 of 5 year-over-year comparisons.
- Revenue covered expenses in each of the 6 reported years, FY2019 to FY2024.
- The highest revenue on record here is $112,735,553 in FY2023.
- Net assets grew from $7,473,283 to $192,619,271 between FY2019 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
ONE BROOKLYN HEALTH SYSTEM, INC. (THE SYSTEM), WAS FORMED IN OCTOBER 2016, AS A CHARITABLE CORPORATION ORGANIZED UNDER THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK.
IRS status
| Ruling year | 2017 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E21 — Health Care (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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