Skip to the page content
Your donations
Passes our checks

Mount Sinai Medical Center Inc

EIN 13-6271888 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood79 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROVIDE FUNDRAISING, SUPPORT, AND MAINTAINS POOLED INVESTMENTS FOR ENTITIES OF THE MOUNT SINAI HEALTH SYSTEM, INC.

Income
$1.2 million
Spending
$78,572
Reserves
Over 10 years of spending
Largest source of income
investment income, 100%
Employees
0
Volunteers
0
Highest pay
$7.5 million, trustee and former officer

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

Good: 79 out of 100. Higher than 57% of charities in its peer group (health care, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover more than ten years of spending.

  • Debt

    2 of 20

    It owes 99% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 93% of income.

  • Income trend

    15 of 15

    Income rose 20% on the year before.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100. Higher than 58% of charities in its peer group (health care, $1m to $10m).

  • Independent board

    25 of 25

    56 of 57 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (2)
  1. THE MEDICAL CENTER IS A COMMON MEMBER OF AN INVESTMENT IN 8 EAST 102ND STREET MANAGER LLC. ALL EARNINGS RELATED TO THIS INVESTMENT ARE DISTRIBUTED TO ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI TO PROVIDE STRATEGIC SUPPORT.
  2. THE MEDICAL CENTER MAINTAINS INVESTMENTS IN A POOLED INVESTMENT PORTFOLIO FOR THE BENEFIT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, MOUNT SINAI AUXILIARY BOARD, ST LUKE'S-ROOSEVELT HOSPITAL CENTER, BETH ISRAEL MEDICAL CENTER, NEW YORK EYE AND EAR INFIRMARY, AS WELL AS THE MEDICAL CENTER; COLLECTIVELY, THE MOUNT SINAI HEALTH SYSTEM. THE MOUNT SINAI HEALTH SYSTEM'S PERMANENTLY RESTRICTED ASSETS ARE HELD IN PERPETUITY, BUT THE INCOME DERIVED FROM THESE ASSETS CAN BE USED OR EXPENDED, IN PART OR IN ENTIRETY, FOR EITHER SPECIFIED OR UNSPECIFIED PURPOSES OF THE RESPECTIVE ENTITY, IN ACCORDANCE WITH MOUNT SINAI'S POLICIES AND PROCEDURES GOVERNING THE MANAGEMENT OF INSTITUTIONAL FUNDS. IN ACCORDANCE WITH THE MOUNT SINAI HEALTH SYSTEM'S INVESTMENT POOL AGREEMENT, THE BOOK INCOME EARNED FROM POOLED INVESTMENTS IS CONSOLIDATED IN THE SUPPORTED ENTITIES' RESPECTIVE STATEMENTS OF ACTIVITIES. THE MEDICAL CENTER'S BOOK INCOME DERIVED FROM IT'S PERMANENTLY RESTRICTED ASSETS IS USED TO SUPPORT EITHER SPECIFIED (GENERALLY, THE SCHOOL) OR UNSPECIFIED PURPOSES. THE INVESTMENTS MAINTAINED BY THE MEDICAL CENTER IN THE POOLED INVESTMENT PORTFOLIO MAY GENERATE UNRELATED BUSINESS TAXABLE INCOME ("UBIT"); IN THE EVENT UBTI IS ASSESSED TO THE MEDICAL CENTER, AS THE LEGALLY NAMED ENTITY ON THE INVESTMENT (TYPICALLY A K-1 STATEMENT), THE MEDICAL CENTER REPORTS ALL OF THE UBIT ON ITS 990T AND REMITS THE APPROPRIATE TAX LIABILITY ESTIMATES TO THE IRS AND SETTLES ANY INCOME TAX EXPENSE WITH THE IRS WHEN THE MEDICAL CENTER'S 990T IS FILED FOR THE CORRESPONDING TAX YEAR. THE MEDICAL CENTER ALLOCATES THE INCOME TAX EXPENSE TO THE ENTITIES OF THE HEALTH SYSTEM BASED ON THE EARNINGS DERIVED ON THEIR PRORATA SHARE OF THE INVESTMENT POOL IN ACCORDANCE WITH THE MOUNT SINAI HEALTH SYSTEM'S INVESTMENT POOL AGREEMENT; NONE OF THE OTHER ENTITIES ARE REQUIRED TO REPORT ANY UBIT FROM THE POOLED INVESTMENTS MAINTAINED BY THE MEDICAL CENTER UNDER THE MOUNT SINAI HEALTH SYSTEM INVESTMENT POOL AGREEMENT.

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

  1. 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.

  2. 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 October 13, 2026.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 1967.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Mount Sinai Hospital Medical Center (Chicago, IL), EIN 36-1509000. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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.