Amit Children Inc

Amit Children Inc. maintains stable finances with zero reported officer compensation over a decade.

EIN: 135631502 · New York, NY · NTEE: Q300 · Updated: 2026-03-28

$21.6MRevenue
$36.1MAssets
92/100Mission Score (Excellent)
Q300

About Amit Children Inc

Amit Children Inc (EIN: 135631502) is a nonprofit organization based in New York, NY, classified under NTEE code Q300. The organization reported total revenue of $21.6M and total assets of $36.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amit Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Amit Children Inc. demonstrates a generally stable financial position, with assets growing from $13.6 million in 2013 to $21.3 million in 2022, indicating prudent financial management over the long term. Revenue has fluctuated, peaking at $14.1 million in 2020 and $12.9 million in 2014, but has consistently supported its operational expenses. The organization has maintained a healthy asset base relative to its liabilities, with liabilities in 2022 at $10.06 million against assets of $21.3 million, suggesting a solid financial foundation. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of strong financial transparency and a commitment to directing funds towards its mission rather than executive enrichment. Spending efficiency appears reasonable, with expenses generally aligning with or slightly exceeding revenue in some years, which is not uncommon for nonprofits expanding programs or managing specific projects. For instance, in 2021, expenses of $10.7 million slightly outpaced revenue of $9.6 million, while in 2022, revenue of $8.4 million covered expenses of $8.2 million. This suggests a focus on utilizing funds for current operations. The absence of reported officer compensation further reinforces the perception of efficient spending, as a larger portion of funds can be allocated to programmatic activities. The organization's NTEE code Q300 (Jewish Federations & Allied Organizations) suggests a focus on community support, and the financial data supports an organization that is actively spending to achieve its goals. Overall, Amit Children Inc. exhibits good financial health and strong transparency, particularly regarding executive compensation. The growth in assets and the consistent operational spending indicate a well-managed organization. While revenue can fluctuate, the organization has demonstrated an ability to manage its expenses effectively and maintain a positive net asset position. The lack of officer compensation is a standout positive for transparency and efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Amit Children Inc with a Mission Score of 92 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

According to IRS 990 filings, Amit Children Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has been consistently reported as 0% across all available filings from 2013 to 2022, indicating that no officers received compensation from the organization. This is a highly positive indicator of the organization's commitment to directing resources towards its mission rather than executive salaries, especially for an organization with annual revenues often exceeding $8 million.

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 Amit Children Inc:

Frequently Asked Questions about Amit Children Inc

Is Amit Children Inc. a good charity?

Based on the financial data, Amit Children Inc. appears to be a good charity. It demonstrates strong financial health with growing assets, manages its expenses effectively, and notably reports 0% officer compensation across all available filings, indicating a high commitment to its mission.

How has Amit Children Inc.'s financial health changed over time?

Amit Children Inc.'s financial health has generally improved, with assets growing from $13.6 million in 2013 to $21.3 million in 2022. While revenue and expenses fluctuate year-to-year, the organization has consistently maintained a positive net asset position, indicating long-term stability and growth.

What is Amit Children Inc.'s approach to executive compensation?

Amit Children Inc. has a highly commendable approach to executive compensation, reporting 0% officer compensation for all 12 available filing periods. This means no officers received salaries or other compensation from the organization, which is a strong indicator of financial efficiency and dedication to its mission.

Filing History

IRS 990 filing history for Amit Children Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Amit Children Inc's revenue has grown by 17.9%, moving from $7.1M to $8.4M. Total assets increased by 68.9% over the same period, from $12.6M to $21.3M. Total functional expenses fell by 0.3%, from $8.3M to $8.3M. In its most recent filing year (2022), Amit Children Inc reported a surplus of $142K, with revenue exceeding expenses. The organization holds $10.1M in liabilities against $21.3M in assets (debt-to-asset ratio: 47.2%), resulting in net assets of $11.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2022 $8.4M $8.3M $21.3M $10.1M View 990
2021 $9.7M $10.7M $14.8M $2.1M View 990
2020 $14.1M $9.6M $16.1M $2.5M View 990
2019 $8.5M $10.0M $12.2M $3.3M View 990
2018 $9.5M $9.9M $14.3M $4.4M View 990
2017 $8.8M $11.0M $13.0M $2.2M View 990
2016 $8.7M $10.3M $14.2M $1.5M View 990
2015 $11.6M $13.1M $16.0M $1.6M View 990
2014 $13.0M $9.6M $16.9M $810K View 990
2013 $9.7M $9.0M $13.6M $1.1M View 990
2012 $8.5M $8.5M $12.8M $821K View 990
2011 $7.1M $8.3M $12.6M $935K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Amit Children 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.

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