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Health · 2023 Form 990

Mount Sinai Hospital: $3.9B Revenue, $3.1B Program Expenses

New York, New York · EIN 131624096 · Filing year 2023

Mount Sinai Hospital reported $3.9B in total revenue, $3.9B in total expenses, and $5.8B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($3.1B) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (87/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

A
Efficiency Score
87/100

Key Facts (2023 Form 990)

Total Revenue
$3.9B
Total Expenses
$3.9B
Program Expenses
$3.1B
Program Expense Ratio
78.0%
Total Assets
$5.8B
Reserve Months
17.6 months
EIN
131624096
Latest 990 Year
2023
Top Officer Compensation
Not reported

Mount Sinai Hospital earns an A on the nonprofit efficiency rubric — a top-tier rating that reflects strong program-spending ratios, reasonable executive compensation, and stable financial reserves. The composite score of 87/100 places it in the upper bracket of U.S. tax-exempt organizations.

Mount Sinai Hospital operates at corporate scale — $3.9B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). Mount Sinai Hospital directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Five-year revenue trajectory is strongly positive: Mount Sinai Hospital has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Mount Sinai Hospital is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. Revenue-to-program ratios in this category often look different from smaller-program nonprofits because the underlying operations are capital-intensive.


$3.9B
Revenue
$3.9B
Expenses
$5.8B
Total Assets
78.0%
Program Spending

How Mount Sinai Hospital Compares

Mount Sinai Hospital directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 87/100 is 6 points above the Health category average. The organization holds 17.6 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$3.1B
Program Spending
78.0% of expenses
Not reported
CEO Compensation
17.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Mount Sinai Hospital, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Mount Sinai Hospital has an Efficiency Score of A (87/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Mount Sinai Hospital, Donor FAQ

Mount Sinai Hospital has an Efficiency Score of A (87/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Mount Sinai Hospital is not reported in the most recent IRS 990 filing on file.

Mount Sinai Hospital reported $3.9B in annual revenue and $3.9B in total expenses for filing year 2023. The organization holds $5.8B in total assets.

For every dollar donated to Mount Sinai Hospital, approximately 78.0 cents goes to program activities. The organization has 17.6 months of operating reserves, providing financial stability to sustain its mission.

Mount Sinai Hospital is a registered 501(c) organization with EIN 131624096, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.