Mount Sinai Health System Executive V P for Finance

Analysis

Mount Sinai Health System Executive V P for Finance is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mount Sinai Health System Executive V P for Finance reported income of $100.3m and spending of $100.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $63.1m to $100.3m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Sinai Health System Executive V P for Finance sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Pine Street Inn Inc ($100.2m), I Am Boundless Inc ($100.4m) and Young Mens Christian Association of Nashville and Middle Tennessee ($100.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $48.8m. At year end it held assets of $0 against liabilities of $0, net assets of $0.