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Education · 2023 Form 990

The Health Science Center At: $280.6M Revenue, $285.1M Expenses

Brooklyn, New York · EIN 112418771 · Filing year 2023

The Health Science Center At reported $280.6M in total revenue, $285.1M in total expenses, and $267.1M in total assets on its 2023 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: A (81/100).

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

Reviewed by NonprofitTruth Editorial Team · Updated
A
Efficiency Score
81/100

Key Facts (2023 Form 990)

Total Revenue
$280.6M
Total Expenses
$285.1M
Total Assets
$267.1M
Reserve Months
11.2 months
Surplus / (Deficit)
$-4,501,633
EIN
112418771
Latest 990 Year
2023
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

On the NonprofitTruth efficiency rubric, The Health Science Center At pulls an A — the highest available grade. The 81/100 composite reflects strong financial reserves, controlled officer compensation, and the kind of multi-year financial discipline that grant-makers look for.

The Health Science Center At is a large nonprofit by U.S. standards: $280.6M in 2023 revenue against $285.1M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Financial health is a strength: The Health Science Center At carries a healthy operating-reserve cushion against $285.1M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. The Health Science Center At reported $280.6M in 2023, up notably from the start of the window. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership 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. In the Education category, The Health Science Center At sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$280.6M
Revenue
$285.1M
Expenses
$267.1M
Total Assets
N/A
Officer Compensation

How The Health Science Center At Compares

The Health Science Center At earns a NonprofitTruth efficiency grade of A (81/100). That is 17 points above the Education category average. The organization holds 11.2 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$285.1M
Total Expenses
Filing year 2023
Not reported
Officer Compensation
on this 990
11.2 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, The Health Science Center At reported $280.6M in revenue against $285.1M in total functional expenses for filing year 2023, holding roughly 11.2 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.

Trend

Revenue History

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The Health Science Center At has a NonprofitTruth Efficiency Score of A (81/100), 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.

The Health Science Center At, Donor FAQ

The Health Science Center At has a NonprofitTruth Efficiency Score of A (81/100), 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.

Current-officer compensation for The Health Science Center At is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

The Health Science Center At reported $280.6M in annual revenue and $285.1M in total expenses for filing year 2023. The organization holds $267.1M in total assets.

The Health Science Center At holds approximately 11.2 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its A efficiency grade.

The Health Science Center At is a registered 501(c) organization with EIN 112418771, based in Brooklyn, 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 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.