New York Medical College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 245,840,228 | 213,339,504 | 32,500,724 | 10.3 | 62% |
| 2012 | 145,364,755 | 148,868,462 | −3,503,707 | 14.9 | 59% |
| 2013 | 150,870,071 | 149,247,741 | 1,622,330 | 15.3 | 58% |
| 2014 | 151,132,204 | 146,522,597 | 4,609,607 | 16.0 | 57% |
| 2015 | 132,963,636 | 136,772,390 | −3,808,754 | 16.5 | 55% |
| 2016 | 119,333,690 | 129,822,097 | −10,488,407 | 16.1 | 54% |
| 2017 | 123,187,482 | 125,622,236 | −2,434,754 | 16.8 | 54% |
| 2018 | 121,680,993 | 125,972,054 | −4,291,061 | 16.7 | 52% |
| 2019 | 123,112,836 | 122,843,134 | 269,702 | 17.3 | 51% |
| 2020 | 119,697,970 | 119,901,332 | −203,362 | 17.7 | 51% |
| 2021 | 121,104,324 | 120,890,023 | 214,301 | 19.2 | 49% |
| 2022 | 123,647,564 | 113,997,877 | 9,649,687 | 19.5 | 51% |
| 2023 | 117,885,144 | 121,304,491 | −3,419,347 | 18.8 | 48% |
In its most recent public year (2023), this organization spent $3,419,347 more than it brought in. Its reserves stood at about 18.8 months of spending, up from 10.3 in 2011. Staff pay was 48% of spending. $72,355,679 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
New York Medical College's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works