Avi Chai Foundation
Avi Chai Foundation maintains substantial assets and zero executive compensation, focusing on grantmaking.
EIN: 133252800 · New York, NY · NTEE: Z99 · Updated: 2026-03-28
Is Avi Chai Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Avi Chai Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Avi Chai Foundation
Avi Chai Foundation (EIN: 133252800) is a nonprofit organization based in New York, NY, classified under NTEE code Z99. The organization reported total revenue of $362.1M and total assets of $375.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Avi Chai Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Avi Chai Foundation is a major nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.5M |
| Total Expenses | $20.2M |
| Surplus / Deficit | $-732,346 |
| Total Assets | $370.0M |
| Total Liabilities | $64K |
| Net Assets | $369.9M |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 219.6 months |
Financial Health Grade: B
In 2023, Avi Chai Foundation reported a deficit of $732K with expenses exceeding revenue, holds 219.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Avi Chai Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +22.6% | -1.0% |
| 2022 | -55.4% | -4.7% | -10.4% |
| 2021 | +59.0% | +9.8% | +5.7% |
| 2020 | +348.8% | -61.5% | +3.2% |
| 2019 | -58.2% | +19.6% | -16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
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 Avi Chai Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Avi Chai Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $732K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly unusual for an organization of its size and asset base.
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 Avi Chai Foundation's IRS 990 filings:
- Significant decline in assets over the past decade (from $570M in 2012 to $375M currently)
Strengths
The following positive indicators were identified for Avi Chai Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
- Substantial asset base ($375,348,756) providing long-term financial stability for grantmaking.
- Strong program spending focus, with minimal administrative overhead implied by 0% officer compensation.
- History of responsible financial management, often spending within or below revenue in recent years.
- High transparency through consistent IRS 990 filings and clear reporting of executive compensation.
Frequently Asked Questions about Avi Chai Foundation
Is Avi Chai Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Avi Chai Foundation (EIN: 133252800) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Avi Chai Foundation spend its money?
Avi Chai Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Avi Chai Foundation tax-deductible?
Avi Chai Foundation is registered as a tax-exempt nonprofit (EIN: 133252800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Avi Chai Foundation a good charity?
Based on its financial data, Avi Chai Foundation appears to be a very good charity, particularly due to its strong asset base, consistent 0% officer compensation, and clear focus on grantmaking as indicated by its expenditure patterns.
How does Avi Chai Foundation manage its expenses?
The foundation manages its expenses very efficiently, often spending less than its revenue in recent years (e.g., $16.4M expenses vs $17.1M revenue in 2022) and consistently reporting 0% officer compensation, suggesting a lean operational model focused on its programmatic mission.
What is the trend in Avi Chai Foundation's assets?
Avi Chai Foundation's assets have shown a gradual decline from a peak of $570 million in 2012 to $375 million currently, though they remain substantial and provide a strong financial base for its operations.
Filing History
IRS 990 filing history for Avi Chai Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Avi Chai Foundation's revenue has declined by 12.2%, moving from $22.2M to $19.5M. Total assets decreased by 35.2% over the same period, from $570.9M to $370.0M. Total functional expenses fell by 51.8%, from $42.0M to $20.2M. In its most recent filing year (2023), Avi Chai Foundation reported a deficit of $732K, with expenses exceeding revenue. The organization holds $64K in liabilities against $370.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $369.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.5M | $20.2M | $370.0M | $64K | — | View 990 |
| 2022 | $17.2M | $16.5M | $373.8M | $1.5M | — | View 990 |
| 2021 | $38.4M | $17.3M | $417.4M | $698K | — | View 990 |
| 2020 | $24.2M | $15.8M | $395.0M | $1.5M | — | View 990 |
| 2019 | $5.4M | $40.9M | $382.8M | $8.1M | — | View 990 |
| 2015 | $12.9M | $34.2M | $457.2M | $8.1M | — | View 990 |
| 2014 | $26.6M | $49.9M | $522.2M | $23.4M | — | View 990 |
| 2013 | $30.6M | $44.6M | $562.9M | $25.8M | — | View 990 |
| 2012 | $31.9M | $50.6M | $570.2M | $27.7M | — | View 990 |
| 2011 | $22.2M | $42.0M | $570.9M | $19.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.5M, expenses of $20.2M, and assets of $370.0M (revenue +13.6% year-over-year).
- 2022: Revenue of $17.2M, expenses of $16.5M, and assets of $373.8M (revenue -55.4% year-over-year).
- 2021: Revenue of $38.4M, expenses of $17.3M, and assets of $417.4M (revenue +59.0% year-over-year).
- 2020: Revenue of $24.2M, expenses of $15.8M, and assets of $395.0M (revenue +348.8% year-over-year).
- 2019: Revenue of $5.4M, expenses of $40.9M, and assets of $382.8M (revenue -58.2% year-over-year).
- 2015: Revenue of $12.9M, expenses of $34.2M, and assets of $457.2M (revenue -51.7% year-over-year).
- 2014: Revenue of $26.6M, expenses of $49.9M, and assets of $522.2M (revenue -13.0% year-over-year).
- 2013: Revenue of $30.6M, expenses of $44.6M, and assets of $562.9M (revenue -3.8% year-over-year).
- 2012: Revenue of $31.9M, expenses of $50.6M, and assets of $570.2M (revenue +43.6% year-over-year).
- 2011: Revenue of $22.2M, expenses of $42.0M, and assets of $570.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Avi Chai Foundation:
Data Sources and Methodology
This transparency report for Avi Chai Foundation 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.