Charity Search / NEW YORK INDEPENDENT SYSTEM OPERATOR INC
Public & Societal Benefit (W800) 990 on File

NEW YORK INDEPENDENT SYSTEM OPERATOR INC

EIN: 14-1815612 · RENSSELAER, NY 12144-9681 · United States · FY 2025 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 10/18/2026
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Financial Overview — FY 2025
$274.8M
Total Revenue
$274.8M
Total Expenses
$0
Net Assets
741
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.3%
Fundraising Efficiency N/A
Operating Reserve 0.00x
Liability-to-Asset 100.0%
Revenue Diversification 97.5%
Executive Compensation $21.6M
Compared with Peers
FY 2025
Compared with 7 similar organizations (United States, Public & Societal Benefit, $100M and over in expenses), FY 2025.
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
75.3% 85.7%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
24.7% 9.9%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
0.0 mo 1.0 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
100.0% 33.4%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.5% 94.8%
P10P90
Below median
Surplus margin
Surplus as a share of revenue
0.0% 1.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $274.8M $274.8M $0 75.3% 741
2024 $255.3M $255.3M $0 74.2% 714
2023 $230.4M $230.4M $0 73.8% 673
2022 $213.5M $213.5M $0 75.3% 656
2021 $195.5M $195.5M N/A — 645
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Organization Details
EIN
14-1815612
State
NY
City
RENSSELAER
ZIP
12144-9681
Classification
W800
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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