Lenox Hill Hospital: $2.0B Revenue, $1.9B Expenses
Westbury, New York · EIN 131624070 · Filing year 2023
Lenox Hill Hospital reported $2.0B in total revenue, $1.9B in total expenses, and $2.1B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $897K (0.05% of revenue). NonprofitTruth efficiency grade: A (87/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $2.0B
- Total Expenses
- $1.9B
- Total Assets
- $2.1B
- Reserve Months
- 13.0 months
- Surplus / (Deficit)
- $44.6M
- EIN
- 131624070
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $897K
- Officer Comp % of Revenue
- 0.05%
On the NonprofitTruth efficiency rubric, Lenox Hill Hospital pulls an A — the highest available grade. The 87/100 composite reflects strong financial reserves, controlled officer compensation, and the kind of multi-year financial discipline that grant-makers look for.
On revenue, Lenox Hill Hospital is among the largest U.S. nonprofits: $2.0B in 2023 reported revenue. Organizations at this scale typically operate hospitals, university systems, or national federations — the financial pattern looks more like a corporation than the small-charity stereotype. On the reserves factor, Lenox Hill Hospital scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Lenox Hill Hospital reported $2.0B in 2023, up notably from the start of the window. Officer compensation is modest relative to organizational size: Lenox Hill Hospital reports $896,645 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $2.0B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Lenox Hill Hospital is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.
How Lenox Hill Hospital Compares
Lenox Hill Hospital earns a NonprofitTruth efficiency grade of A (87/100). That is 9 points above the Health category average. Compensation for current officers and key employees represents 0.05% of total revenue. The organization holds 13.0 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Lenox Hill Hospital reported $2.0B in revenue against $1.9B in total functional expenses for filing year 2023, holding roughly 13.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $897K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.05% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Lenox Hill Hospital has a NonprofitTruth Efficiency Score of A (87/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Lenox Hill Hospital, Donor FAQ
Lenox Hill Hospital has a NonprofitTruth Efficiency Score of A (87/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Lenox Hill Hospital reports $897K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.05% of the organization's $2.0B in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Lenox Hill Hospital reported $2.0B in annual revenue and $1.9B in total expenses for filing year 2023. The organization holds $2.1B in total assets.
Lenox Hill Hospital holds approximately 13.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its A efficiency grade.
Lenox Hill Hospital is a registered 501(c) organization with EIN 131624070, based in Westbury, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.