ALBERT EINSTEIN COLLEGE OF MEDICINE
1300 MORRIS PARK AVENUE, BRONX, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,476,385,707 | $583,108,728 | $1,523,245,156 |
| FY2023 | $411,439,123 | $523,435,313 | $487,831,622 |
| FY2022 | $398,736,597 | $490,704,563 | $466,655,358 |
| FY2021 | $371,509,260 | $460,243,782 | $498,929,047 |
| FY2020 | $375,932,568 | $451,909,032 | $498,420,632 |
| FY2019 | $364,446,517 | $448,134,842 | $513,374,031 |
| FY2018 | $0 | $0 | $0 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,293,612,279 | 92% |
| Program service revenue | $113,391,108 | 8% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $542,088,604 | 93% |
| Management & general | $34,109,024 | 6% |
| Fundraising | $6,911,100 | 1% |
What the numbers show
- Contributions & grants made up 92% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 6%, and fundraising 1%.
- 93% of functional expenses went to program services in FY2024. That is higher than 87.9% of 412 Education organizations in NY.
- Net assets covered about 31.3 months of expenses at the end of the reporting year. That puts it in the 68th percentile among 4125 Education organizations in NY.
- Total revenue was higher than 99.9% of 4251 Education organizations in NY.
- Total revenue rose from $0 in FY2018 to $1,476,385,707 in FY2024, Revenue increased in 5 and decreased in 1 of 6 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 7 reported years (FY2019, FY2020, FY2021, FY2022, FY2023).
- Net assets grew from $0 to $1,523,245,156 between FY2018 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
COMMITTED TO EXCEPTIONAL HEALTHCARE QUALITY FOR ALL AND ACTIVELY ENGAGED WITH OUR COMMUNITY, EINSTEIN DRIVES SCIENTIFIC DISCOVERY AND EDUCATES COMPASSIONATE LEADERS IN HEALTH AND SCIENCE.
IRS status
| Ruling year | 2018 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B50 — Education (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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