New York and Presbyterian Hospitals Healthcare System Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEWYORK-PRESBYTERIAN HEALTHCARE SYSTEM, INC. ("SYSTEM, INC.") COORDINATES MEMBERSHIP IN THE NEWYORK-PRESBYTERIAN HEALTHCARE SYSTEM, WHICH IS AN UNINCORPORATED FEDERATION OF SEPARATELY LICENSED TAX EXEMPT HEALTHCARE ORGANIZATIONS ("SYSTEM MEMBERS") IN THE NEW YORK METROPOLITAN AREA, EACH OF WHICH OPERATES TO PROMOTE HEALTHCARE QUALITY IMPROVEMENT AND ENHANCE MEDICAL EDUCATION AND RESEARCH FOR ITS COMMUNITY. SYSTEM MEMBERS ARE MANAGED AND OPERATED BY SEPARATE NON-PROFIT CORPORATIONS AND ARE RESPONSIBLE FOR THEIR OWN OPERATIONS, ASSETS AND OBLIGATIONS. SYSTEM INC. HAS NO LEGAL AUTHORITY OVER SUCH OPERATIONS OR ASSETS OR RESPONSIBILITY FOR SUCH OBLIGATIONS. SYSTEM, INC. DOES NOT PROVIDE HEALTHCARE AND HAS NO EMPLOYEES.
- Income
- $10.2 million
- Spending
- $10.2 million
- Spent on programs
- 65%
- Reserves
- 1.4 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $26.3 million, president & ceo/trustee
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 42 out of 100. Higher than 19% of charities in its peer group (health care, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 1.4 months of spending.
Debt
2 of 20It owes 96% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
8 of 1565% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 14% of charities in its peer group (health care, $10m to $100m).
Independent board
25 of 2510 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $6.6 million spent. NEWYORK-PRESBYTERIAN HEALTHCARE SYSTEM, INC. ("SYSTEM INC.") COORDINATES MEMBERSHIP IN THE NEWYORK-PRESBYTERIAN HEALTHCARE SYSTEM, WHICH IS AN UNINCORPORATED FEDERATION OF SEPARATELY LICENSED TAX EXEMPT HEALTHCARE ORGANIZATIONS ("SYSTEM MEMBERS") IN THE NEW YORK METROPOLITAN AREA, EACH OF WHICH OPERATES TO PROMOTE HEALTHCARE QUALITY IMPROVEMENT AND ENHANCE MEDICAL EDUCATION AND RESEARCH FOR ITS COMMUNITY. SYSTEM, INC.'S PROGRAM SERVICES PRIMARILY CONSIST OF PROVIDING EDUCATIONAL AND INFORMATIONAL PROGRAMS DESIGNED TO PROMOTE HEALTHCARE QUALITY IMPROVEMENT, EDUCATION AND RESEARCH. SYSTEM MEMBERS ARE MANAGED AND OPERATED BY SEPARATE NON-PROFIT CORPORATIONS AND ARE RESPONSIBLE FOR THEIR OWN OPERATIONS, ASSETS AND OBLIGATIONS. SYSTEM INC. HAS NO LEGAL AUTHORITY OVER SUCH OPERATIONS OR ASSETS OR RESPONSIBILITY FOR SUCH OBLIGATIONS. SYSTEM, INC. DOES NOT PROVIDE HEALTHCARE AND HAS NO EMPLOYEES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.