New York Medical College
New York Medical College reported $135.7 million in revenue and $128.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.60 went to program services, $23.20 to management and general costs and $1.20 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.3% of the total. The highest compensation it reported for one person was $1,361,965 (PRESIDENT AND TRUSTEE). 197 people received more than $100,000 in reportable compensation. Revenue rose 13% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $128MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $136MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 6.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 83.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,361,965 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.06% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 197 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 19.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 22 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseProfessional education: educate individuals for careers in medical, science and health professions
Affiliation and faculty practice: nymc faculty members provide supervision, teaching and related administrative services at westchester medical center and other metropolitan area hospitals in support of various medical student residency programs
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND TRUSTEE Director/trustee, officer, 10.80 hrs/week | $0 | $1,112,164 | $249,801 | $1,361,965 |
| PROFESSOR Highest compensated employee, 35.00 hrs/week | $951,280 | $0 | $69,794 | $1,021,074 |
| CHANCELLOR OF HEALTH AFF & CEO Officer, 34.80 hrs/week | $700,132 | $0 | $72,639 | $772,771 |
| SVP FOR RESEARCH AFFAIRS Key employee, 11.90 hrs/week | $212,970 | $394,038 | $115,083 | $722,091 |
| DEAN SOM Officer, 35.00 hrs/week | $649,404 | $0 | $17,512 | $666,916 |
| SR. ASSOCIATE DEAN FOR RESEARCH,SHSP Highest compensated employee, 35.00 hrs/week | $407,146 | $0 | $74,354 | $481,500 |
| DEAN SHSP Officer, 34.80 hrs/week | $425,220 | $0 | $49,578 | $474,798 |
| VP, CHIEF COUNSEL & ASST SECRETARY Officer, 34.90 hrs/week | $355,397 | $0 | $82,122 | $437,519 |
197 people received more than $100,000 in reportable compensation from New York Medical College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 22 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,024
- Volunteers Part I, line 61,574
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PAVARINI NORTH EAST CONSTRUCTION COMPANY Construction | $2,644,347 |
| ABLE SERVICES Cleaning service | $1,061,947 |
| ABM JANITORIAL SERVICES Custodial services | $744,084 |
| HI-LINK TECHNOLOGY GROUP Computer and software | $599,640 |
Individuals listed as contractors are left out. 31 contractors were paid more than $100,000 in all.
Private foundation grants it received
17 private foundations reported grants to New York Medical College totaling $771K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from New York Medical College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New York Medical College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 New York Medical College spent in FY2025, $75.60 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- California State University Fresno FoundationFresno, CA · revenue $135M · programs 83.5% · FY2025
- Year UpBoston, MA · revenue $136M · programs 79.7% · 2025
- Equitable Facilities FundNew York, NY · revenue $135M · programs 94.8% · 2024
- LyrasisAlpharetta, GA · revenue $136M · programs 94.5% · FY2025
- The New England Center for ChildrenSouthborough, MA · revenue $135M · programs 91.0% · FY2025
Questions people ask
How much of New York Medical College's spending goes to programs?
In the fiscal year ending June 30, 2025, New York Medical College reported that 75.6% of its $128.1 million in expenses went to program services, 23.2% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does New York Medical College pay its top executive?
The largest total compensation New York Medical College reported for one person in the fiscal year ending June 30, 2025 was $1,361,965, for the role of PRESIDENT AND TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does New York Medical College get its money?
Of $135.7 million in revenue in the fiscal year ending June 30, 2025, 6.7% came from contributions and grants (including 0.2% from government grants) and 83.3% from program service revenue (Form 990, Part VIII).
Is New York Medical College a registered charity?
The IRS lists EIN 13-1099420 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349302138 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349301929 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349300533 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349301460 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349316201 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111349349301406 · read the filing
All filings for EIN 13-1099420: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.