Mount Sinai Health System
Mount Sinai Health System reported $84.8 million in revenue and $84.8 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 70.3% of the total. The highest compensation it reported for one person was $7,503,060 (Trustee and Former Officer). Revenue rose 34% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $85MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $85MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 29.7% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 70.3% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $7,503,060 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 8.85% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 0 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.0 | 6.9 |
| Independent voting board members Part VI 1a–1b | 11 of 12 | 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
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · 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 |
|---|---|---|---|---|
| Trustee and Former Officer Director/trustee, 2.0 hrs/week | $0 | $7,404,991 | $98,069 | $7,503,060 |
| CHIEF EXECUTIVE OFFICER (START 1/1/24) Officer, 0.5 hrs/week | $0 | $5,442,441 | $47,473 | $5,489,914 |
| PRESIDENT, ACADEMIC AFFAIRS Officer, 0.5 hrs/week | $0 | $2,579,191 | $57,057 | $2,636,248 |
| System President & Chief Operating Officer Officer, 0.5 hrs/week | $0 | $2,290,081 | $72,844 | $2,362,925 |
| SYSTEM CHIEF CLINICAL OFFICER Officer, 0.5 hrs/week | $0 | $2,154,844 | $65,965 | $2,220,809 |
| EVP, SYSTEM CFO (END 12/31/24) Officer, 0.5 hrs/week | $0 | $1,972,048 | $85,092 | $2,057,140 |
| FORMER OFFICER Former, 0.0 hrs/week | $0 | $1,795,629 | $57,212 | $1,852,841 |
| EVP, GENERAL COUNSEL Officer, 0.5 hrs/week | $0 | $1,782,724 | $58,108 | $1,840,832 |
0 people received more than $100,000 in reportable compensation from Mount Sinai Health System (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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–1b12 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
Private foundation grants it received
84 private foundations reported grants to Mount Sinai Health System totaling $8.2M 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 Mount Sinai Health System's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mount Sinai Health System, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mount Sinai Health System spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Hattie Larlham Center for Children with DisabilitiesMantua, OH · revenue $85M · programs 89.1% · 2025
- Open Sky Community ServicesWorcester, MA · revenue $85M · programs 88.6% · FY2025
- Lutheran Community Services NorthwestTacoma, WA · revenue $85M · programs 70.1% · FY2025
- Hope the MissionNorth Hills, CA · revenue $85M · programs 92.2% · 2024
- Westminster-Canterbury on Chesapeake BayVirginia Beach, VA · revenue $85M · programs 70.7% · FY2025
All human services charities · Largest charities in New York
Questions people ask
How much of Mount Sinai Health System's spending goes to programs?
In calendar year 2024, Mount Sinai Health System reported that 100.0% of its $84.8 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Mount Sinai Health System pay its top executive?
The largest total compensation Mount Sinai Health System reported for one person in calendar year 2024 was $7,503,060, for the role of Trustee and Former Officer (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mount Sinai Health System get its money?
Of $84.8 million in revenue in calendar year 2024, 29.7% came from contributions and grants and 70.3% from program service revenue (Form 990, Part VIII).
Is Mount Sinai Health System a registered charity?
The IRS lists EIN 46-4248304 as a 501(c)(3) organization (supporting organization, type ii), 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
- 2024: Form 990 for calendar year 2024, object 202533199349302128 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413209349318881 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323149349305397 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243159349300809 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133189349300063 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033189349306433 · read the filing
All filings for EIN 46-4248304: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.