Charity Search / MEMORIAL SLOAN-KETTERING CANCER CENTER
Health Care (E120) IRS Verified DX Registered 990 on File

MEMORIAL SLOAN-KETTERING CANCER CENTER

EIN: 13-1924236 · NEW YORK, NY 10017-0000 · United States · FY 2023 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 63/100
Reliability (20%) 70/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
CharityAI™ Score
Not yet evaluated
Mission Statement

To cure cancer. 100% of proceeds goes to cancer research at Memorial Sloan Kettering Cancer Center for their Cycle For Survival Event.

Financial Overview — FY 2023
$1670.4M
Total Revenue
$1507.7M
Total Expenses
$4415.1M
Net Assets
25365
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.7%
Fundraising Efficiency 65769.1%
Operating Reserve 35.14x
Liability-to-Asset 48.3%
Revenue Diversification 76.3%
Executive Compensation $40.8M
Compared with Peers
FY 2023
Compared with 1,810 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
90.7% 87.3%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
4.0% 12.7%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.3% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
65769.1% 478.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
35.1 mo 6.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
48.3% 46.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
76.3% 96.8%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-9.5% 6.3%
P10P90
Expense growth
Year over year expense growth
2.0% 6.6%
P10P90
Surplus margin
Surplus as a share of revenue
9.7% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1670.4M $1507.7M $4415.1M 90.7% 25365
2022 $1846.0M $1477.9M $3510.5M 90.6% 25794
2021 $1551.4M $1257.0M N/A — 29732
2020 $1112.0M $1131.5M N/A — 27763
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Organization Details
EIN
13-1924236
State
NY
City
NEW YORK
ZIP
10017-0000
Classification
E120
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
Foundation Code
12
Form 990
On File
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