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
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
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
- admin: 7%
- programs: 90%
- fundraising: 3%
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:
- Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Healthy growth in assets, from $13.6 million in 2013 to $21.3 million in 2022, demonstrating financial stability.
- Expenses generally align with revenue, showing effective management of operational costs.
- Strong asset base relative to liabilities, with assets of $21.3 million against liabilities of $10.06 million in 2022.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2022: Revenue of $8.4M, expenses of $8.3M, and assets of $21.3M (revenue -13.1% year-over-year).
- 2021: Revenue of $9.7M, expenses of $10.7M, and assets of $14.8M (revenue -31.4% year-over-year).
- 2020: Revenue of $14.1M, expenses of $9.6M, and assets of $16.1M (revenue +65.8% year-over-year).
- 2019: Revenue of $8.5M, expenses of $10.0M, and assets of $12.2M (revenue -10.1% year-over-year).
- 2018: Revenue of $9.5M, expenses of $9.9M, and assets of $14.3M (revenue +7.2% year-over-year).
- 2017: Revenue of $8.8M, expenses of $11.0M, and assets of $13.0M (revenue +1.5% year-over-year).
- 2016: Revenue of $8.7M, expenses of $10.3M, and assets of $14.2M (revenue -25.0% year-over-year).
- 2015: Revenue of $11.6M, expenses of $13.1M, and assets of $16.0M (revenue -10.5% year-over-year).
- 2014: Revenue of $13.0M, expenses of $9.6M, and assets of $16.9M (revenue +33.6% year-over-year).
- 2013: Revenue of $9.7M, expenses of $9.0M, and assets of $13.6M (revenue +13.9% year-over-year).
- 2012: Revenue of $8.5M, expenses of $8.5M, and assets of $12.8M (revenue +19.5% year-over-year).
- 2011: Revenue of $7.1M, expenses of $8.3M, and assets of $12.6M.
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.