Quick charity verification for The New York Community Trust (EIN: 133062214)
Verdict: The New York Community Trust appears trustworthy
95/100Mission Score
$1.1BRevenue
$3.5BAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could warrant further investigation into how leadership is compensated.
Strengths
Exceptional program spending ratio, consistently over 90% of total expenses.
Strong and growing asset base, indicating long-term financial stability ($3.51 billion in assets).
Consistent revenue generation, with annual revenues frequently exceeding $250 million.
Efficient management of expenses, with low administrative and fundraising overhead.
Long history of detailed IRS 990 filings, demonstrating transparency.
Spending Breakdown
How The New York Community Trust allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about The New York Community Trust
Is The New York Community Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, The New York Community Trust (EIN: 133062214) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is The New York Community Trust a good charity to donate to?
The New York Community Trust has a Mission Score of 95/100. Revenue: $1.1B. Assets: $3.5B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The New York Community Trust?
The Employer Identification Number (EIN) for The New York Community Trust is 133062214. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does The New York Community Trust spend its money?
The New York Community Trust allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The New York Community Trust's tax-exempt status?
You can verify The New York Community Trust's tax-exempt status using EIN 133062214 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The New York Community Trust demonstrates robust financial health and a strong commitment to its programmatic mission. With over $3.5 billion in assets and consistent annual revenues exceeding $200 million, the organization operates on a significant scale. Its spending efficiency is commendable, with a substantial majority of expenses consistently directed towards program services, as evidenced by the latest available data where program service expenses were $214,558,672 out of total expenses of $238,398,524 in 2023. This indicates a highly effective allocation of resources to its charitable purpose.
The organization's transparency is excellent, particularly regarding executive compensation. The consistent reporting of 0% for officer compensation across all available filings suggests that the highest-ranking officers are either uncompensated or compensated through other means not categorized as 'officer compensation' on the 990, or that the organization's structure does not involve direct compensation to officers in the typical sense reported here. This level of transparency, coupled with detailed financial reporting, allows for clear oversight of its operations. The consistent growth in assets over the years, from $2.47 billion in 2015 to $3.51 billion currently, further underscores its financial stability and capacity to sustain its long-term philanthropic endeavors.