Abbott House
Abbott House shows consistent revenue growth and improved financial surplus in its latest filing.
EIN: 131991946 · Irvington, NY · NTEE: P73Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $69.7M |
| Total Expenses | $59.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $70 |
| Net Assets | $6.6M |
| Transparency Score | 88/100 |
Is Abbott House Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Abbott House directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abbott House
Abbott House (EIN: 131991946) is a nonprofit organization based in Irvington, NY, classified under NTEE code P73Z. The organization reported total revenue of $69.7M and total assets of $27.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abbott House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abbott House is a major nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65.8M |
| Total Expenses | $59.4M |
| Surplus / Deficit | +$6.4M |
| Total Assets | $22.3M |
| Total Liabilities | $15.7M |
| Net Assets | $6.6M |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 70.5% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Abbott House reported a surplus of $6.4M with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 70.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Abbott House's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.8% | +10.9% | +4.9% |
| 2022 | +8.2% | +8.6% | -3.2% |
| 2021 | -3.8% | +0.1% | +33.4% |
| 2020 | +2.3% | -2.4% | +14.2% |
| 2019 | +2.4% | +5.5% | -12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abbott House with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Abbott House allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 70.5%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of Abbott House's size with nearly $70 million in revenue. This suggests that executive compensation may be reported differently or is exceptionally low, which could be a strength in terms of resource allocation but also warrants further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Abbott House's IRS 990 filings:
- Unusually low or 0% reported officer compensation across all filings, which may indicate a reporting anomaly or a need for further clarification on executive remuneration practices for an organization of this scale.
Strengths
The following positive indicators were identified for Abbott House:
- Consistent revenue growth, increasing from $44.7M in 2014 to $65.7M in 2023.
- Improved financial surplus in the latest filing, with revenue exceeding expenses by over $6 million in 202306.
- Significant reduction in liabilities, from a high of $28M in 2016 to $15.7M in 2023.
- Positive trend in net assets, growing from $14.4M in 2014 to $22.3M in 2023.
Frequently Asked Questions about Abbott House
Is Abbott House a legitimate charity?
Abbott House (EIN: 131991946) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $69.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Abbott House spend its money?
Abbott House directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Abbott House tax-deductible?
Abbott House is registered as a tax-exempt nonprofit (EIN: 131991946). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Abbott House CEO make?
Abbott House's highest-compensated officer earns $70 annually. The organization reported $69.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Abbott House's spending goes to programs?
Abbott House directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Abbott House compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Abbott House is above average for NTEE category P73Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Abbott House located?
Abbott House is headquartered in Irvington, New York and files with the IRS under EIN 131991946. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Abbott House have?
Abbott House has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $69.7M in total revenue.
Is Abbott House a good charity?
Based on the provided data, Abbott House appears to be a financially stable organization with a strong trend in net assets and a significant surplus in its latest filing. The consistent reporting of 0% officer compensation is a unique characteristic that, if accurate, indicates a high dedication of funds to its mission. Its consistent revenue and asset growth suggest effective management and program delivery.
How does Abbott House manage its liabilities?
Abbott House has shown a significant reduction in liabilities over time, decreasing from a high of $28,097,268 in 201606 to $15,729,186 in 202306. This trend indicates effective financial management and a reduced debt burden, contributing to its overall financial health.
What is the trend in Abbott House's revenue?
Abbott House has demonstrated consistent revenue growth over the past decade, increasing from $44,743,241 in 201406 to $65,777,165 in 202306. This upward trend suggests a growing capacity to fund its programs and services.
Filing History
IRS 990 filing history for Abbott House showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Abbott House's revenue has grown by 28.6%, moving from $51.2M to $65.8M. Total assets increased by 24% over the same period, from $18.0M to $22.3M. Total functional expenses rose by 14.7%, from $51.8M to $59.4M. In its most recent filing year (2023), Abbott House reported a surplus of $6.4M, with revenue exceeding expenses. The organization holds $15.7M in liabilities against $22.3M in assets (debt-to-asset ratio: 70.5%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65.8M | $59.4M | $22.3M | $15.7M | — | View 990 |
| 2022 | $52.3M | $53.5M | $21.3M | $20.6M | — | View 990 |
| 2021 | $48.3M | $49.3M | $22.0M | $19.8M | — | — |
| 2020 | $50.2M | $49.2M | $16.5M | $13.4M | — | View 990 |
| 2019 | $49.1M | $50.5M | $14.4M | $12.4M | — | View 990 |
| 2018 | $48.0M | $47.8M | $16.5M | $26.4M | — | View 990 |
| 2017 | $44.2M | $44.4M | $14.9M | $26.4M | — | View 990 |
| 2016 | $46.6M | $45.7M | $15.9M | $28.1M | — | View 990 |
| 2015 | $46.6M | $45.7M | $15.8M | $24.3M | — | View 990 |
| 2014 | $44.7M | $43.3M | $14.5M | $23.3M | — | View 990 |
| 2013 | $44.5M | $45.3M | $14.6M | $23.8M | — | View 990 |
| 2012 | $46.1M | $45.3M | $16.5M | $26.6M | — | View 990 |
| 2011 | $51.2M | $51.8M | $18.0M | $24.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65.8M, expenses of $59.4M, and assets of $22.3M (revenue +25.8% year-over-year).
- 2022: Revenue of $52.3M, expenses of $53.5M, and assets of $21.3M (revenue +8.2% year-over-year).
- 2021: Revenue of $48.3M, expenses of $49.3M, and assets of $22.0M (revenue -3.8% year-over-year).
- 2020: Revenue of $50.2M, expenses of $49.2M, and assets of $16.5M (revenue +2.3% year-over-year).
- 2019: Revenue of $49.1M, expenses of $50.5M, and assets of $14.4M (revenue +2.4% year-over-year).
- 2018: Revenue of $48.0M, expenses of $47.8M, and assets of $16.5M (revenue +8.6% year-over-year).
- 2017: Revenue of $44.2M, expenses of $44.4M, and assets of $14.9M (revenue -5.2% year-over-year).
- 2016: Revenue of $46.6M, expenses of $45.7M, and assets of $15.9M (revenue -0.1% year-over-year).
- 2015: Revenue of $46.6M, expenses of $45.7M, and assets of $15.8M (revenue +4.2% year-over-year).
- 2014: Revenue of $44.7M, expenses of $43.3M, and assets of $14.5M (revenue +0.6% year-over-year).
- 2013: Revenue of $44.5M, expenses of $45.3M, and assets of $14.6M (revenue -3.5% year-over-year).
- 2012: Revenue of $46.1M, expenses of $45.3M, and assets of $16.5M (revenue -9.9% year-over-year).
- 2011: Revenue of $51.2M, expenses of $51.8M, and assets of $18.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abbott House:
Data Sources and Methodology
This transparency report for Abbott House is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.