nonprofit · EIN 13-1828429 · NY
How much does HEALTH INSURANCE PLAN OF GREATER NEW raise and spend?
HEALTH INSURANCE PLAN OF GREATER NEW (NY, EIN 13-1828429) reported $5.3B in revenue and $5.4B in expenses for tax year 2023, with $442.6M in net assets (1.0 months of reserves). By expenses that ranks 51 of 539,974 e-filers, 32 of 20,245 in NTEE E: Health Care, 9 of 38,222 nonprofits in new york.
What stands out
HEALTH INSURANCE PLAN OF GREATER NEW (NY, EIN 13-1828429) reported $5.3B in revenue and $5.4B in expenses for tax year 2023, with $442.6M in net assets (1.0 months of reserves). By expenses that ranks 51 of 539,974 e-filers, 32 of 20,245 in NTEE E: Health Care, 9 of 38,222 nonprofits in new york. Against NTEE E: Health Care: months of reserves 1.0 months, below the peer median of 10.2 months; officer compensation share of expenses 0.5%, below the peer median of 3.5%; contributions share of revenue 0.0%, below the peer median of 38.7%; surplus margin -1.7%, below the peer median of 2.9%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $5.3B | $887.4k | $236.7M | $194.7k |
| Total expenses | $5.4B | $792.8k | $231.0M | $178.5k |
| Total assets | $2.5B | $2.9M | $318.0M | $775.3k |
| Net assets | $442.6M | $1.6M | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $29.0M | $271.5k | $2.4M | $113.0k |
| Program service revenue share | 99.9% | 40.3% | 93.3% | 13.8% |
| Contributions share of revenue | 0.0% | 38.7% | 1.2% | 57.5% |
| Officer compensation share of expenses | 0.5% | 3.5% | 0.8% | 6.5% |
| Months of reserves | 1.0 months | 10.2 months | 7.4 months | 12.6 months |
| Surplus margin | -1.7% | 2.9% | 1.1% | 3.9% |
Year by year
5 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $5.3B | $5.4B | $442.6M | 1.0 months | $29.0M | 51 |
| 2022 | $5.8B | $5.8B | $533.8M | 1.1 months | $27.1M | 41 |
| 2020 | $5.4B | $5.4B | $589.6M | 1.3 months | $36.8M | 33 |
| 2019 | $5.1B | $5.1B | $613.6M | 1.4 months | $26.4M | 30 |
| 2018 | $5.1B | $5.1B | $603.2M | 1.4 months | $25.1M | 27 |
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