Nyu Langone Health System

Analysis

Nyu Langone Health System is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Nyu Langone Health System reported income of $15.1m and spending of $15.3m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $33.1m to $15.1m (-54%), an average of -18% a year. The sharpest change came in the year to August 2022, when income rose by 100%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nyu Langone Health System sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Childrens Surgical Associates of NJ Inc ($15.1m), Cochran Recovery Services Inc ($15.1m) and Phoenix Houses of New England Inc ($15.1m).

At year end it held assets of $393.7m against liabilities of $403.6m, net assets of -$10.0m. It reported 3,108 employees.