Ahrc New York City Foundation Inc
Ahrc New York City Foundation Inc maintains strong asset growth despite fluctuating revenues and occasional operating deficits.
EIN: 133779611 · New York, NY · NTEE: T99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $3.4M |
| Program Spending | 80% |
| Net Assets | $33.5M |
| Transparency Score | 85/100 |
Is Ahrc New York City Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ahrc New York City Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ahrc New York City Foundation Inc
Ahrc New York City Foundation Inc (EIN: 133779611) is a nonprofit organization based in New York, NY, classified under NTEE code T99. The organization reported total revenue of $8.5M and total assets of $38.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ahrc New York City Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ahrc New York City Foundation Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $3.4M |
| Surplus / Deficit | $-689,686 |
| Total Assets | $35.3M |
| Total Liabilities | $1.8M |
| Net Assets | $33.5M |
| Operating Margin | -25.6% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 125.3 months |
Financial Health Grade: B
In 2023, Ahrc New York City Foundation Inc reported a deficit of $690K with expenses exceeding revenue, holds 125.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ahrc New York City Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.8% | +17.9% | +7.9% |
| 2022 | -18.7% | +3.0% | -13.7% |
| 2021 | +7.3% | -16.6% | +24.8% |
| 2020 | +9.5% | +10.3% | -3.7% |
| 2019 | +1.6% | +27.3% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Ahrc New York City Foundation Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ahrc New York City Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $690K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a strong positive for directing funds to the mission.
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 Ahrc New York City Foundation Inc's IRS 990 filings:
- Occasional operating deficits (e.g., 2023: expenses $3.3M > revenue $2.6M) indicate reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Ahrc New York City Foundation Inc:
- Consistent asset growth over a decade, from $24.3M in 2014 to $35.2M in 2023.
- Zero reported officer compensation across all filings, indicating strong fiscal stewardship.
- Relatively low liabilities compared to assets, suggesting a healthy balance sheet.
- Long history of IRS 990 filings (13 filings) demonstrating transparency.
Frequently Asked Questions about Ahrc New York City Foundation Inc
Is Ahrc New York City Foundation Inc a legitimate charity?
Ahrc New York City Foundation Inc (EIN: 133779611) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Ahrc New York City Foundation Inc spend its money?
Ahrc New York City Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ahrc New York City Foundation Inc tax-deductible?
Ahrc New York City Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133779611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ahrc New York City Foundation Inc's spending goes to programs?
Ahrc New York City Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ahrc New York City Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ahrc New York City Foundation Inc is above average for NTEE category T99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ahrc New York City Foundation Inc located?
Ahrc New York City Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133779611. It is classified under NTEE code T99.
How many years of IRS 990 filings does Ahrc New York City Foundation Inc have?
Ahrc New York City Foundation Inc 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 $8.5M in total revenue.
Is Ahrc New York City Foundation Inc financially stable?
Yes, the organization appears financially stable, demonstrated by consistent asset growth from $24.3M in 2014 to $35.2M in 2023, and relatively low liabilities compared to assets.
How does Ahrc New York City Foundation Inc manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer leadership or that executive salaries are covered by a related entity, which is a strong indicator of fiscal responsibility.
Has Ahrc New York City Foundation Inc experienced revenue fluctuations?
Yes, revenue has fluctuated significantly, from a high of $6.5M in 2015 to $2.6M in 2023, yet the organization has managed to grow its assets consistently.
Filing History
IRS 990 filing history for Ahrc New York City Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ahrc New York City Foundation Inc's revenue has declined by 8.9%, moving from $3.0M to $2.7M. Total assets increased by 93.1% over the same period, from $18.3M to $35.3M. Total functional expenses rose by 108.6%, from $1.6M to $3.4M. In its most recent filing year (2023), Ahrc New York City Foundation Inc reported a deficit of $690K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $35.3M in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $33.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $3.4M | $35.3M | $1.8M | — | — |
| 2022 | $3.0M | $2.9M | $32.7M | $1.2M | — | View 990 |
| 2021 | $3.7M | $2.8M | $37.9M | $759K | — | View 990 |
| 2020 | $3.4M | $3.3M | $30.4M | $230K | — | View 990 |
| 2019 | $3.1M | $3.0M | $31.5M | $363K | — | View 990 |
| 2018 | $3.1M | $2.4M | $32.0M | $707K | — | View 990 |
| 2017 | $2.9M | $2.1M | $30.7M | $340K | — | View 990 |
| 2016 | $4.6M | $1.9M | $28.5M | $211K | — | View 990 |
| 2015 | $6.6M | $2.3M | $28.2M | $602K | — | View 990 |
| 2014 | $3.7M | $2.2M | $24.3M | $300K | — | View 990 |
| 2013 | $2.9M | $1.7M | $20.5M | $249K | — | View 990 |
| 2012 | $2.2M | $1.2M | $18.9M | $80K | — | View 990 |
| 2011 | $3.0M | $1.6M | $18.3M | $156K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $3.4M, and assets of $35.3M (revenue -9.8% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.9M, and assets of $32.7M (revenue -18.7% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.8M, and assets of $37.9M (revenue +7.3% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.3M, and assets of $30.4M (revenue +9.5% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.0M, and assets of $31.5M (revenue +1.6% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.4M, and assets of $32.0M (revenue +6.6% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.1M, and assets of $30.7M (revenue -36.8% year-over-year).
- 2016: Revenue of $4.6M, expenses of $1.9M, and assets of $28.5M (revenue -30.5% year-over-year).
- 2015: Revenue of $6.6M, expenses of $2.3M, and assets of $28.2M (revenue +76.6% year-over-year).
- 2014: Revenue of $3.7M, expenses of $2.2M, and assets of $24.3M (revenue +30.4% year-over-year).
- 2013: Revenue of $2.9M, expenses of $1.7M, and assets of $20.5M (revenue +30.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.2M, and assets of $18.9M (revenue -25.9% year-over-year).
- 2011: Revenue of $3.0M, expenses of $1.6M, and assets of $18.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ahrc New York City Foundation Inc:
Data Sources and Methodology
This transparency report for Ahrc New York City Foundation Inc 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.