Mt Sinai Health Care Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,679,434 | 7,799,435 | −2,120,001 | 198.8 | 8% |
| 2012 | 7,157,499 | 5,694,008 | 1,463,491 | 258.2 | 11% |
| 2013 | 7,510,792 | 8,034,343 | −523,551 | 197.6 | 9% |
| 2014 | 8,554,891 | 16,438,219 | −7,883,328 | 102.9 | 5% |
| 2015 | 10,811,357 | 7,435,212 | 3,376,145 | 219.5 | 9% |
| 2016 | 2,754,375 | 5,949,437 | −3,195,062 | 250.5 | 12% |
| 2017 | 4,454,468 | 7,463,647 | −3,009,179 | 217.8 | 9% |
| 2018 | 10,032,841 | 6,997,498 | 3,035,343 | 245.0 | 11% |
| 2019 | 5,365,893 | 7,273,459 | −1,907,566 | 233.4 | 11% |
| 2020 | 3,569,430 | 7,675,128 | −4,105,698 | 213.0 | 11% |
| 2021 | 29,891,889 | 7,621,780 | 22,270,109 | 277.7 | 13% |
| 2022 | 5,570,433 | 8,906,997 | −3,336,564 | 201.8 | 11% |
| 2023 | 2,656,320 | 9,744,684 | −7,088,364 | 196.0 | 10% |
In its most recent public year (2023), this organization spent $7,088,364 more than it brought in. Its reserves stood at about 196 months of spending, down from 198.8 in 2011. Staff pay was 10% of spending. $90,791,529 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
Mt Sinai Health Care Foundation'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