Aicpa Benevolent Fund Inc
Aicpa Benevolent Fund Inc consistently maintains strong assets and zero officer compensation, demonstrating financial stability.
EIN: 136168775 · Durham, NC · Updated: 2026-03-28
Is Aicpa Benevolent Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aicpa Benevolent Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aicpa Benevolent Fund Inc
Aicpa Benevolent Fund Inc (EIN: 136168775) is a nonprofit organization based in Durham, NC. The organization reported total revenue of $1.2M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aicpa Benevolent Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aicpa Benevolent Fund Inc is a mid-size nonprofit that has been operating for 89 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $448K |
| Total Expenses | $322K |
| Surplus / Deficit | +$125K |
| Total Assets | $12.6M |
| Total Liabilities | $18K |
| Net Assets | $12.6M |
| Operating Margin | 28.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 468.8 months |
Financial Health Grade: A
In 2023, Aicpa Benevolent Fund Inc reported a surplus of $125K with revenue exceeding expenses, holds 468.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Aicpa Benevolent Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.2% | +6.1% | +14.5% |
| 2022 | -37.6% | -0.7% | -17.7% |
| 2021 | +40.8% | +14.7% | +13.6% |
| 2020 | +16.8% | -1.2% | +15.1% |
| 2019 | +0.6% | -66.7% | +20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1937 |
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 Aicpa Benevolent Fund Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Aicpa Benevolent Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $125K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is a strong positive for resource allocation.
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.
Strengths
The following positive indicators were identified for Aicpa Benevolent Fund Inc:
- Consistent asset growth, reaching $12,586,185 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Low liabilities relative to assets, suggesting strong financial management.
- Expenses consistently well below revenue in most recent years, leading to surpluses.
- Strong financial reserves with assets significantly exceeding annual expenses.
Frequently Asked Questions about Aicpa Benevolent Fund Inc
Is Aicpa Benevolent Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aicpa Benevolent Fund Inc (EIN: 136168775) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Aicpa Benevolent Fund Inc spend its money?
Aicpa Benevolent Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aicpa Benevolent Fund Inc tax-deductible?
Aicpa Benevolent Fund Inc is registered as a tax-exempt nonprofit (EIN: 136168775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Aicpa Benevolent Fund Inc a good charity?
Based on the provided data, Aicpa Benevolent Fund Inc appears to be a very good charity. It consistently maintains a strong asset base, keeps liabilities low, and reports 0% officer compensation, indicating efficient use of funds and a focus on its mission.
How has Aicpa Benevolent Fund Inc's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $9,189,982 in 2015 to $12,586,185 in 2023. While revenue has fluctuated, expenses have remained relatively stable and manageable, leading to consistent surpluses in most years.
What is the trend in Aicpa Benevolent Fund Inc's revenue?
Revenue has varied significantly, peaking at $2,338,024 in 2017 and showing a general decline in recent years from $816,916 in 2021 to $447,652 in 2023, though it remains sufficient to cover expenses.
Filing History
IRS 990 filing history for Aicpa Benevolent Fund Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Aicpa Benevolent Fund Inc's revenue has declined by 8.2%, moving from $487K to $448K. Total assets increased by 78.8% over the same period, from $7.0M to $12.6M. Total functional expenses fell by 24.2%, from $425K to $322K. In its most recent filing year (2023), Aicpa Benevolent Fund Inc reported a surplus of $125K, with revenue exceeding expenses. The organization holds $18K in liabilities against $12.6M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $12.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $448K | $322K | $12.6M | $18K | — | — |
| 2022 | $510K | $304K | $11.0M | $26K | — | — |
| 2021 | $817K | $306K | $13.3M | $22K | — | View 990 |
| 2020 | $580K | $267K | $11.8M | $4K | — | View 990 |
| 2019 | $497K | $270K | $10.2M | $14K | — | View 990 |
| 2018 | $494K | $812K | $8.5M | $694 | — | View 990 |
| 2017 | $2.3M | $847K | $9.8M | $365K | — | View 990 |
| 2016 | $257K | $538K | $8.9M | $219K | — | View 990 |
| 2016 | $671K | $318K | $9.1M | $2K | — | — |
| 2015 | $734K | $336K | $9.2M | $6K | — | View 990 |
| 2014 | $566K | $422K | $8.8M | $2K | — | View 990 |
| 2013 | $658K | $513K | $8.1M | $3K | — | View 990 |
| 2012 | $498K | $155K | $7.3M | $0 | — | View 990 |
| 2011 | $487K | $425K | $7.0M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $448K, expenses of $322K, and assets of $12.6M (revenue -12.2% year-over-year).
- 2022: Revenue of $510K, expenses of $304K, and assets of $11.0M (revenue -37.6% year-over-year).
- 2021: Revenue of $817K, expenses of $306K, and assets of $13.3M (revenue +40.8% year-over-year).
- 2020: Revenue of $580K, expenses of $267K, and assets of $11.8M (revenue +16.8% year-over-year).
- 2019: Revenue of $497K, expenses of $270K, and assets of $10.2M (revenue +0.6% year-over-year).
- 2018: Revenue of $494K, expenses of $812K, and assets of $8.5M (revenue -78.9% year-over-year).
- 2017: Revenue of $2.3M, expenses of $847K, and assets of $9.8M (revenue +809.9% year-over-year).
- 2016: Revenue of $257K, expenses of $538K, and assets of $8.9M (revenue -61.7% year-over-year).
- 2016: Revenue of $671K, expenses of $318K, and assets of $9.1M (revenue -8.6% year-over-year).
- 2015: Revenue of $734K, expenses of $336K, and assets of $9.2M (revenue +29.6% year-over-year).
- 2014: Revenue of $566K, expenses of $422K, and assets of $8.8M (revenue -14.0% year-over-year).
- 2013: Revenue of $658K, expenses of $513K, and assets of $8.1M (revenue +32.1% year-over-year).
- 2012: Revenue of $498K, expenses of $155K, and assets of $7.3M (revenue +2.2% year-over-year).
- 2011: Revenue of $487K, expenses of $425K, and assets of $7.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aicpa Benevolent Fund Inc:
Data Sources and Methodology
This transparency report for Aicpa Benevolent Fund 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.