American Committee For The Weizmann Institute Of Science Inc
American Committee For The Weizmann Institute of Science maintains strong assets despite a recent deficit in 2023.
EIN: 131623886 · New York, NY · NTEE: Q113 · Updated: 2026-03-28
Is American Committee For The Weizmann Institute Of Science Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Committee For The Weizmann Institute Of Science Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Committee For The Weizmann Institute Of Science Inc
American Committee For The Weizmann Institute Of Science Inc (EIN: 131623886) is a nonprofit organization based in New York, NY, classified under NTEE code Q113. The organization reported total revenue of $47.1M and total assets of $993.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Committee For The Weizmann Institute Of Science Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Committee For The Weizmann Institute Of Science Inc with a Mission Score of 90 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, American Committee For The Weizmann Institute Of Science Inc 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of this size with assets nearing $1 billion, indicating a strong commitment to directing funds towards its 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 American Committee For The Weizmann Institute Of Science Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent 2023 filing period ($154,481,000 vs $130,313,000).
Strengths
The following positive indicators were identified for American Committee For The Weizmann Institute Of Science Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Substantial and growing asset base, reaching $912,803,000 in 2023.
- Strong historical revenue generation, with several years showing significant surpluses.
- Long and consistent IRS 990 filing history, indicating transparency.
Frequently Asked Questions about American Committee For The Weizmann Institute Of Science Inc
Is American Committee For The Weizmann Institute Of Science Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Committee For The Weizmann Institute Of Science Inc (EIN: 131623886) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does American Committee For The Weizmann Institute Of Science Inc spend its money?
American Committee For The Weizmann Institute Of Science Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Committee For The Weizmann Institute Of Science Inc tax-deductible?
American Committee For The Weizmann Institute Of Science Inc is registered as a tax-exempt nonprofit (EIN: 131623886). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Committee For The Weizmann Institute Of Science Inc a good charity?
Based on the available data, the organization appears to be a good charity. It has substantial assets ($912,803,000 in 2023), a history of strong revenue generation, and notably reports 0% officer compensation, indicating a high dedication to its mission.
Why did expenses exceed revenue in 2023?
In the 2023 fiscal period, expenses were $154,481,000 while revenue was $130,313,000, resulting in a deficit. This could be due to strategic investments in programs, one-time expenditures, or market fluctuations affecting investment income, which would require a deeper dive into the detailed financial statements to ascertain the exact reasons.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth and stability, increasing from $678,419,000 in 2016 to $912,803,000 in 2023, with a peak of $998,462,000 in 2021, demonstrating strong financial stewardship and growth.
Filing History
IRS 990 filing history for American Committee For The Weizmann Institute Of Science Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Committee For The Weizmann Institute Of Science Inc's revenue has grown by 103.9%, moving from $63.9M to $130.3M. Total assets increased by 49.2% over the same period, from $611.6M to $912.8M. Total functional expenses rose by 121.7%, from $69.7M to $154.5M. In its most recent filing year (2023), American Committee For The Weizmann Institute Of Science Inc reported a deficit of $24.2M, with expenses exceeding revenue. The organization holds $22.0M in liabilities against $912.8M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $890.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $130.3M | $154.5M | $912.8M | $22.0M | — | View 990 |
| 2022 | $154.1M | $107.5M | $932.4M | $23.0M | — | View 990 |
| 2021 | $135.7M | $92.5M | $998.5M | $23.3M | — | View 990 |
| 2020 | $112.0M | $90.7M | $787.5M | $23.3M | — | View 990 |
| 2019 | $108.2M | $90.7M | $773.2M | $24.5M | — | View 990 |
| 2018 | $91.6M | $90.0M | $769.3M | $25.9M | — | View 990 |
| 2017 | $98.1M | $83.4M | $744.0M | $24.9M | — | View 990 |
| 2016 | $79.7M | $70.7M | $678.4M | $26.0M | — | View 990 |
| 2015 | $68.3M | $67.3M | $694.5M | $27.1M | — | View 990 |
| 2014 | $98.8M | $74.8M | $702.3M | $26.9M | — | View 990 |
| 2013 | $71.4M | $72.0M | $629.4M | $26.8M | — | View 990 |
| 2012 | $68.4M | $69.3M | $592.0M | $25.2M | — | View 990 |
| 2011 | $63.9M | $69.7M | $611.6M | $30.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $130.3M, expenses of $154.5M, and assets of $912.8M (revenue -15.4% year-over-year).
- 2022: Revenue of $154.1M, expenses of $107.5M, and assets of $932.4M (revenue +13.5% year-over-year).
- 2021: Revenue of $135.7M, expenses of $92.5M, and assets of $998.5M (revenue +21.1% year-over-year).
- 2020: Revenue of $112.0M, expenses of $90.7M, and assets of $787.5M (revenue +3.6% year-over-year).
- 2019: Revenue of $108.2M, expenses of $90.7M, and assets of $773.2M (revenue +18.1% year-over-year).
- 2018: Revenue of $91.6M, expenses of $90.0M, and assets of $769.3M (revenue -6.6% year-over-year).
- 2017: Revenue of $98.1M, expenses of $83.4M, and assets of $744.0M (revenue +23.2% year-over-year).
- 2016: Revenue of $79.7M, expenses of $70.7M, and assets of $678.4M (revenue +16.6% year-over-year).
- 2015: Revenue of $68.3M, expenses of $67.3M, and assets of $694.5M (revenue -30.9% year-over-year).
- 2014: Revenue of $98.8M, expenses of $74.8M, and assets of $702.3M (revenue +38.4% year-over-year).
- 2013: Revenue of $71.4M, expenses of $72.0M, and assets of $629.4M (revenue +4.4% year-over-year).
- 2012: Revenue of $68.4M, expenses of $69.3M, and assets of $592.0M (revenue +7.0% year-over-year).
- 2011: Revenue of $63.9M, expenses of $69.7M, and assets of $611.6M.
Data Sources and Methodology
This transparency report for American Committee For The Weizmann Institute Of Science 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.