Charity Search / NORTHWELL HEALTH FOUNDATION
Health Care (E122) IRS Verified DX Registered 990 on File

NORTHWELL HEALTH FOUNDATION

EIN: 11-2965575 · WESTBURY, NY 11590-1740 · United States · FY 2023 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$155.8M
Total Revenue
$111.0M
Total Expenses
$529.7M
Net Assets
105
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 76.0%
Fundraising Efficiency 607.0%
Operating Reserve 57.25x
Liability-to-Asset 1.8%
Revenue Diversification 97.2%
Executive Compensation $1.0M
Compared with Peers
FY 2023
Compared with 1,811 similar organizations (United States, Health Care, $100M and over in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
76.0% 87.3%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
3.6% 12.7%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
20.3% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
607.0% 478.2%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
57.3 mo 6.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.8% 46.1%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.2% 96.8%
P10P90
Below median
Revenue growth
Year over year revenue growth
33.5% 6.3%
P10P90
Expense growth
Year over year expense growth
27.2% 6.6%
P10P90
Surplus margin
Surplus as a share of revenue
28.7% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $155.8M $111.0M $529.7M 76.0% 105
2022 $116.7M $87.3M $457.0M 70.4% 105
2021 $139.7M $78.4M N/A — 97
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Organization Details
EIN
11-2965575
State
NY
City
WESTBURY
ZIP
11590-1740
Classification
E122
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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