Health Care
(E120)
IRS Verified
DX Registered
990 on File
MEMORIAL SLOAN-KETTERING CANCER CENTER
Financial strength (30%)
63/100
Reliability (20%)
70/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
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 1,811 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
|
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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