Quick charity verification for The New York Foundling (EIN: 131624123)
Verdict: The New York Foundling appears trustworthy
88/100Mission Score
$247.7MRevenue
$345.1MAssets
1Red Flags
4Strengths
Red Flags
Unclear executive compensation reporting (0% officer comp for a large organization)
Strengths
Strong and consistent revenue growth over a decade, from $112M to $230M.
Significant asset accumulation, reaching $325M in 202306.
Healthy financial reserves with assets comfortably exceeding liabilities.
Consistent positive net income in most recent periods, indicating sound financial management.
Spending Breakdown
How The New York Foundling allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Foundling
Is The New York Foundling a legitimate charity?
Based on AI analysis of IRS 990 filings, The New York Foundling (EIN: 131624123) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is The New York Foundling a good charity to donate to?
The New York Foundling has a Mission Score of 88/100. Revenue: $247.7M. Assets: $345.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The New York Foundling?
The Employer Identification Number (EIN) for The New York Foundling is 131624123. 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 Foundling spend its money?
The New York Foundling allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The New York Foundling's tax-exempt status?
You can verify The New York Foundling's tax-exempt status using EIN 131624123 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 Foundling demonstrates a strong financial position with consistent revenue growth over the past decade, culminating in $230,315,884 in revenue and $325,776,172 in assets in the 202306 period. The organization consistently spends a significant portion of its budget on program services, indicating efficient use of funds towards its mission. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the overall financial health appears robust, with assets comfortably exceeding liabilities. The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation is either not reported in this field or is handled in a way that doesn't appear as direct officer compensation, which could warrant further investigation for full transparency. The substantial growth in both revenue and assets from $112,724,061 and $95,079,318 respectively in 201406 to current figures highlights a well-managed and expanding operation.