Ayco Charitable Foundation
Ayco Charitable Foundation maintains strong financial growth and zero officer compensation.
EIN: 141782466 · Cohoes, NY · NTEE: T300 · Updated: 2026-03-28
About Ayco Charitable Foundation
Ayco Charitable Foundation (EIN: 141782466) is a nonprofit organization based in Cohoes, NY, classified under NTEE code T300. The organization reported total revenue of $1.3B and total assets of $1.2B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ayco Charitable Foundation'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 Ayco Charitable Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Ayco Charitable 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's officers do not receive direct compensation from the organization, which is a positive sign for a large foundation with over a billion dollars in assets.
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 Ayco Charitable Foundation:
- Consistent 0% officer compensation across all filings, indicating strong financial ethics.
- Significant growth in assets, from $513,442,200 in 2015 to $1,047,362,000 in 2023, demonstrating financial stability and growth.
- Healthy revenue-to-expense ratio, consistently generating surpluses (e.g., $277,957,756 revenue vs. $254,830,446 expenses in 2023).
- Low liabilities relative to assets (e.g., $6,370,000 liabilities vs. $1,047,362,000 assets in 2023), indicating strong financial health.
Frequently Asked Questions about Ayco Charitable Foundation
Is Ayco Charitable Foundation a good charity?
Based on the provided financial data, Ayco Charitable Foundation appears to be a well-managed and financially sound organization. It consistently reports zero officer compensation, maintains substantial assets, and has a healthy revenue-to-expense ratio, suggesting strong financial stewardship and a focus on its charitable mission, likely as a sponsor of donor-advised funds.
How has the foundation's asset base changed over time?
The foundation's assets have shown significant growth, increasing from $513,442,200 in 2015 to $1,047,362,000 in 2023, demonstrating substantial financial expansion and stability.
What is the trend in revenue and expenses?
Revenue and expenses fluctuate year-to-year, but the foundation consistently maintains a positive net income, with revenues generally exceeding expenses. For example, in 2023, revenue was $277,957,756 against expenses of $254,830,446.
Filing History
IRS 990 filing history for Ayco Charitable Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Ayco Charitable Foundation's revenue has grown by 224.5%, moving from $85.6M to $278.0M. Total assets increased by 286.2% over the same period, from $271.2M to $1.0B. Total functional expenses rose by 253.3%, from $72.1M to $254.8M. In its most recent filing year (2023), Ayco Charitable Foundation reported a surplus of $23.1M, with revenue exceeding expenses. The organization holds $6.4M in liabilities against $1.0B in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.0B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $278.0M | $254.8M | $1.0B | $6.4M | — | View 990 |
| 2022 | $272.9M | $232.4M | $931.4M | $2.5M | — | View 990 |
| 2021 | $377.2M | $242.6M | $1.0B | $3.5M | — | View 990 |
| 2020 | $173.0M | $114.3M | $897.9M | $4.0M | — | — |
| 2020 | $265.2M | $252.8M | $777.2M | $1.4M | — | View 990 |
| 2019 | $232.3M | $255.6M | $777.1M | $1.8M | — | View 990 |
| 2018 | $283.9M | $165.7M | $790.9M | $1.9M | — | View 990 |
| 2017 | $280.9M | $163.9M | $683.8M | $1.3M | — | View 990 |
| 2016 | $188.6M | $145.5M | $538.4M | $1.6M | — | View 990 |
| 2015 | $228.2M | $123.4M | $513.4M | $1.5M | — | View 990 |
| 2014 | $186.8M | $130.2M | $425.8M | $1.0M | — | View 990 |
| 2013 | $161.4M | $90.4M | $346.4M | $900K | — | View 990 |
| 2012 | $82.0M | $82.8M | $264.4M | $910K | — | View 990 |
| 2011 | $85.6M | $72.1M | $271.2M | $963K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $278.0M, expenses of $254.8M, and assets of $1.0B (revenue +1.8% year-over-year).
- 2022: Revenue of $272.9M, expenses of $232.4M, and assets of $931.4M (revenue -27.6% year-over-year).
- 2021: Revenue of $377.2M, expenses of $242.6M, and assets of $1.0B (revenue +118.0% year-over-year).
- 2020: Revenue of $173.0M, expenses of $114.3M, and assets of $897.9M (revenue -34.7% year-over-year).
- 2020: Revenue of $265.2M, expenses of $252.8M, and assets of $777.2M (revenue +14.2% year-over-year).
- 2019: Revenue of $232.3M, expenses of $255.6M, and assets of $777.1M (revenue -18.2% year-over-year).
- 2018: Revenue of $283.9M, expenses of $165.7M, and assets of $790.9M (revenue +1.1% year-over-year).
- 2017: Revenue of $280.9M, expenses of $163.9M, and assets of $683.8M (revenue +49.0% year-over-year).
- 2016: Revenue of $188.6M, expenses of $145.5M, and assets of $538.4M (revenue -17.4% year-over-year).
- 2015: Revenue of $228.2M, expenses of $123.4M, and assets of $513.4M (revenue +22.2% year-over-year).
- 2014: Revenue of $186.8M, expenses of $130.2M, and assets of $425.8M (revenue +15.7% year-over-year).
- 2013: Revenue of $161.4M, expenses of $90.4M, and assets of $346.4M (revenue +96.8% year-over-year).
- 2012: Revenue of $82.0M, expenses of $82.8M, and assets of $264.4M (revenue -4.3% year-over-year).
- 2011: Revenue of $85.6M, expenses of $72.1M, and assets of $271.2M.
Data Sources and Methodology
This transparency report for Ayco Charitable 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.