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New York · Nonprofit

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI (New York) receives grants from 888 organizations whose IRS filings report $677,493,497 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($41,358,237). 509 of them have funded it in more than one year.

Revenue FY2024
$4.5B
Funders on record
888
Grants received
$677M
Net assets
$1.5B
509/888 repeat funderspeak grant-dependency 3%
01What it does

What Icahn School of Medicine at Mount Sinai does

Mission

ORGANIZATION MISSION STATEMENT The Icahn School of Medicine at Mount Sinai advances science, medicine, and health care delivery for the benefit of humanity through a culture of excellence, innovation, collaboration, and belonging. We conduct groundbreaking research; educate and nurture the next generation of exceptional clinicians, researchers, teachers, and leaders; and deliver the most advanced compassionate care with an unwavering commitment to health equity.

As stated on its FY2024 Form 990.

Programs

  1. Icahn School of Medicine at Mount Sinai provides basic & tertiary physicians services and laboratory testing services to patients on an ongoing basis

    $2,575,776,146 spent$2,771,967,239 earned by the program
    69% of program spending
  2. Icahn School of Medicine at Mount Sinai conducts research in the areas of biological, social and physical sciences. Fundamental and applied research is primarily entered in geographic proximity to clinical facilities.

    $893,524,169 spentof which $674,668 as grants$191,369,770 earned by the program
    24% of program spending
  3. Icahn School of Medicine at Mount Sinai passionately advances education and is responsible for the certification of physicians at the undergraduate, graduate and post-graduate levels as well as the certification of biomedical scientists at the graduate level.

    $250,312,744 spentof which $9,691,324 as grants$43,238,271 earned by the program
    7% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $3,719,613,059.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.8B) Expenses 100 ($2.8B) Net assets 100 ($1.1B)2018 Revenue 104 ($3.0B) Expenses 105 ($2.9B) Net assets 96 ($1.0B)2019 Revenue 113 ($3.2B) Expenses 114 ($3.2B) Net assets 105 ($1.1B)2020 Revenue 114 ($3.2B) Expenses 115 ($3.2B) Net assets 113 ($1.2B)2021 Revenue 130 ($3.7B) Expenses 128 ($3.6B) Net assets 175 ($1.9B)2022 Revenue 133 ($3.8B) Expenses 136 ($3.8B) Net assets 119 ($1.3B)2023 Revenue 147 ($4.2B) Expenses 150 ($4.2B) Net assets 114 ($1.2B)2024 Revenue 158 ($4.5B) Expenses 160 ($4.4B) Net assets 143 ($1.5B)
'17'18'19'20'21'22'23'24
Revenue (158)Expenses (160)Net assets (143)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.3B to $4.2B (+28%).

$2.5B
$2.5B
$3.0B
$3.3B
$4.2B
$3.7B
$3.9B
$4.3B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 1% · 2021 1% · 2022 0% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

23% of ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$56M
’17
$41M
’18
$14M
’19
$25M
’20
$130M
’21
$6.9M
’22
$1.0M
’23
$52M
’24
1.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2017201820192020202120222024
Listed69687174818284
Joined·+3+5+12+11+6·
No longer listed·42945·
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 176 funders to 318 funders, grant income rose $37M → $118M.

48 of 888 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $937M from 56 payers (the payer shares this organization's board, largest The Mount Sinai Hospital). These are real filings, and they are not money ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI raised.

From the IRS filings of ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI’s funders (the co-funder graph). Top 30 of 888 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI has a broad base — no single funder exceeds 6% of grant income, and it takes 30 funders to reach half.

the vertical line marks half of all grant income — 30 funders to its left

60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI.

6%
largest funder
13%
top three
~72
effective funders

Largest funder’s share by year: 2017 10% · 2018 9% · 2019 7% · 2020 11% · 2021 7% · 2022 6% · 2023 5% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

39% of ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI draws 53% of its grant income from funders outside New York, across 35 states in all.

WA
MN
IL
WI
MI
NY
MA
OR
NV
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
WV
VA
MD
DE
AZ
NM
TN
NC
SC
DC
OK
LA
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $163M arriving through sponsors registered in 20 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI has grown faster than half of the 696 education nonprofits its size.

Operating margin1% · below the median
Months of reserve1.0mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 696 education nonprofits over $100M, FY2024

Government funding ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.0B on record — $5.0B federal, $72k state.

Federal$5.0B
grants $4.3Bcontracts $740.3M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Health and Human Services$4.8B
  • Department of Defense$166.6M
  • National Aeronautics and Space Administration$10.4M
  • Department of Veterans Affairs$8.8M
  • National Science Foundation$8.6M
  • Department of Justice$2.5M
State$72k
20
21
22
23
By state
  • DE$68k
  • VT$2k
  • MA$700

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

61
board members
85%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 42 related entities

  • Mount Sinai Care LLC · disregarded
  • Hearts of Our Children LLC · disregarded
  • Mount Sinai Solutions LLC · disregarded
  • Mount Sinai Network LLC · disregarded
  • Mshp Aco LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI?
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI (New York) receives grants from 888 organizations whose IRS filings report $677,493,497 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($41,358,237). 509 of them have funded it in more than one year.
How many funders does ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI have?
IRS filings report 888 organizations giving $677,493,497 in grants to ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, 509 of which have funded it in more than one year.
Who is the largest funder of ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $41,358,237 in grants. The full list of funders is on this page.
How can an organization like ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 888 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing