Benefits Data Trust
Benefits Data Trust maintains strong program spending despite fluctuating revenues, with no reported officer compensation.
EIN: 203455598 · Allentown, PA · NTEE: B990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $37.2M |
| Program Spending | 85% |
| Net Assets | $23.5M |
| Transparency Score | 90/100 |
Is Benefits Data Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Benefits Data Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Benefits Data Trust
Benefits Data Trust (EIN: 203455598) is a nonprofit organization based in Allentown, PA, classified under NTEE code B990. The organization reported total revenue of $5.9M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benefits Data Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benefits Data Trust is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28.5M |
| Total Expenses | $37.2M |
| Surplus / Deficit | $-8,659,776 |
| Total Assets | $32.9M |
| Total Liabilities | $9.4M |
| Net Assets | $23.5M |
| Operating Margin | -30.3% |
| Debt-to-Asset Ratio | 28.6% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, Benefits Data Trust reported a deficit of $8.7M with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 28.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Benefits Data Trust's revenue has grown at a compound annual growth rate (CAGR) of 19.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.9% | +6.9% | -24.3% |
| 2022 | +62.6% | +23.2% | +41.4% |
| 2021 | +6.6% | +31.5% | -12.9% |
| 2020 | +4.7% | +39.7% | +52.3% |
| 2019 | +45.8% | +11.6% | +101.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Benefits Data Trust 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, Benefits Data Trust 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.6%.
Executive Compensation Analysis
Benefits Data Trust consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual and suggests a strong dedication to program funding.
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 Benefits Data Trust's IRS 990 filings:
- Significant year-over-year revenue fluctuation (e.g., $45.9M in 2022 to $28.5M in 2023) could indicate reliance on variable funding sources or project-based grants.
Strengths
The following positive indicators were identified for Benefits Data Trust:
- Consistent reporting of 0% officer compensation across all filings, indicating strong dedication to mission.
- Substantial asset growth over the past decade, from $5,313,782 in 2014 to $32,856,270 in 2023, demonstrating financial health.
- High proportion of expenses likely directed towards program services, given the absence of executive compensation.
- Long and consistent IRS 990 filing history, indicating transparency and compliance.
Frequently Asked Questions about Benefits Data Trust
Is Benefits Data Trust a legitimate charity?
Benefits Data Trust (EIN: 203455598) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Benefits Data Trust spend its money?
Benefits Data Trust directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Benefits Data Trust tax-deductible?
Benefits Data Trust is registered as a tax-exempt nonprofit (EIN: 203455598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Benefits Data Trust's spending goes to programs?
Benefits Data Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Benefits Data Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Benefits Data Trust is above average for NTEE category B990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Benefits Data Trust located?
Benefits Data Trust is headquartered in Allentown, Pennsylvania and files with the IRS under EIN 203455598. It is classified under NTEE code B990.
How many years of IRS 990 filings does Benefits Data Trust have?
Benefits Data Trust has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.9M in total revenue.
Is Benefits Data Trust a good charity?
Based on the available IRS 990 data, Benefits Data Trust appears to be a very good charity. It consistently allocates a high percentage of its expenses to program services, reports 0% officer compensation, and has demonstrated strong asset growth and financial stability over the past decade.
How has Benefits Data Trust's revenue trended recently?
Benefits Data Trust experienced a significant decrease in revenue from $45,979,280 in 2022 to $28,543,974 in 2023, following a period of substantial growth from $17,369,620 in 2018 to its peak in 2022.
What is the organization's financial stability?
The organization demonstrates strong financial stability, with assets growing from $5,313,782 in 2014 to $32,856,270 in 2023. While liabilities have also increased, the asset base remains robust, indicating a healthy financial position.
Filing History
IRS 990 filing history for Benefits Data Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Benefits Data Trust's revenue has grown by 713.6%, moving from $3.5M to $28.5M. Total assets increased by 2542.8% over the same period, from $1.2M to $32.9M. Total functional expenses rose by 995.1%, from $3.4M to $37.2M. In its most recent filing year (2023), Benefits Data Trust reported a deficit of $8.7M, with expenses exceeding revenue. The organization holds $9.4M in liabilities against $32.9M in assets (debt-to-asset ratio: 28.6%), resulting in net assets of $23.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28.5M | $37.2M | $32.9M | $9.4M | — | — |
| 2022 | $46.0M | $34.8M | $43.4M | $11.7M | — | — |
| 2021 | $28.3M | $28.3M | $30.7M | $9.4M | — | View 990 |
| 2020 | $26.5M | $21.5M | $35.3M | $13.8M | — | View 990 |
| 2019 | $25.3M | $15.4M | $23.2M | $6.7M | — | View 990 |
| 2018 | $17.4M | $13.8M | $11.5M | $5.0M | — | View 990 |
| 2017 | $12.0M | $13.8M | $8.0M | $5.1M | — | View 990 |
| 2016 | $15.0M | $12.5M | $10.0M | $5.3M | — | View 990 |
| 2015 | $9.2M | $10.0M | $5.4M | $3.1M | — | View 990 |
| 2014 | $10.0M | $7.3M | $5.3M | $2.2M | — | View 990 |
| 2013 | $6.4M | $6.4M | $2.9M | $2.5M | — | View 990 |
| 2012 | $5.0M | $4.9M | $2.6M | $2.3M | — | View 990 |
| 2011 | $3.5M | $3.4M | $1.2M | $1000K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28.5M, expenses of $37.2M, and assets of $32.9M (revenue -37.9% year-over-year).
- 2022: Revenue of $46.0M, expenses of $34.8M, and assets of $43.4M (revenue +62.6% year-over-year).
- 2021: Revenue of $28.3M, expenses of $28.3M, and assets of $30.7M (revenue +6.6% year-over-year).
- 2020: Revenue of $26.5M, expenses of $21.5M, and assets of $35.3M (revenue +4.7% year-over-year).
- 2019: Revenue of $25.3M, expenses of $15.4M, and assets of $23.2M (revenue +45.8% year-over-year).
- 2018: Revenue of $17.4M, expenses of $13.8M, and assets of $11.5M (revenue +45.2% year-over-year).
- 2017: Revenue of $12.0M, expenses of $13.8M, and assets of $8.0M (revenue -20.3% year-over-year).
- 2016: Revenue of $15.0M, expenses of $12.5M, and assets of $10.0M (revenue +64.0% year-over-year).
- 2015: Revenue of $9.2M, expenses of $10.0M, and assets of $5.4M (revenue -8.7% year-over-year).
- 2014: Revenue of $10.0M, expenses of $7.3M, and assets of $5.3M (revenue +55.5% year-over-year).
- 2013: Revenue of $6.4M, expenses of $6.4M, and assets of $2.9M (revenue +29.8% year-over-year).
- 2012: Revenue of $5.0M, expenses of $4.9M, and assets of $2.6M (revenue +41.6% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.4M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benefits Data Trust:
Data Sources and Methodology
This transparency report for Benefits Data Trust 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.