Betances Health Center
Betances Health Center experiences significant revenue and asset growth, consistently operating with a surplus.
EIN: 132697725 · New York, NY · NTEE: E30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29.2M |
| Total Expenses | $25.8M |
| Program Spending | 85% |
| Net Assets | $14.9M |
| Transparency Score | 88/100 |
Is Betances Health Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Betances Health Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Betances Health Center
Betances Health Center (EIN: 132697725) is a nonprofit organization based in New York, NY, classified under NTEE code E30Z. The organization reported total revenue of $29.2M and total assets of $21.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Betances Health Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Betances Health Center is a large nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33.8M |
| Total Expenses | $25.8M |
| Surplus / Deficit | +$7.9M |
| Total Assets | $22.4M |
| Total Liabilities | $7.5M |
| Net Assets | $14.9M |
| Operating Margin | 23.5% |
| Debt-to-Asset Ratio | 33.7% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Betances Health Center reported a surplus of $7.9M with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 33.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Betances Health Center's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.9% | +26.9% | +50.9% |
| 2022 | +8.2% | +15.9% | +91.5% |
| 2021 | +18.9% | +12.1% | +13.6% |
| 2020 | +17.0% | +12.8% | +74.7% |
| 2019 | +22.6% | +23.5% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
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 Betances Health Center with a Mission Score of 88 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, Betances Health Center 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 surplus of $7.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, suggesting either a volunteer leadership model or that executive salaries are categorized differently, which enhances perceived transparency regarding direct executive pay.
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 Betances Health Center's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency analysis difficult.
- Consistent 0% officer compensation reported may indicate compensation is categorized elsewhere, requiring deeper scrutiny of full 990 forms for complete transparency.
Strengths
The following positive indicators were identified for Betances Health Center:
- Strong and consistent revenue growth, increasing from $6.1 million in 2014 to $33.7 million in 2023.
- Significant asset growth, from $2.3 million in 2014 to $22.3 million in 2023, indicating robust financial health.
- Consistent operational surpluses, demonstrating sound financial management and sustainability (e.g., $7.9 million surplus in 2023).
- Low liabilities relative to assets in recent years (e.g., $7.5 million liabilities vs. $22.3 million assets in 2023), indicating a healthy balance sheet.
Frequently Asked Questions about Betances Health Center
Is Betances Health Center a legitimate charity?
Betances Health Center (EIN: 132697725) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $29.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Betances Health Center spend its money?
Betances Health Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Betances Health Center tax-deductible?
Betances Health Center is registered as a tax-exempt nonprofit (EIN: 132697725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Betances Health Center's spending goes to programs?
Betances Health Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Betances Health Center compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Betances Health Center is above average for NTEE category E30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Betances Health Center located?
Betances Health Center is headquartered in New York, New York and files with the IRS under EIN 132697725. It is classified under NTEE code E30Z.
How many years of IRS 990 filings does Betances Health Center have?
Betances Health Center 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 $29.2M in total revenue.
Is Betances Health Center financially stable?
Yes, Betances Health Center is financially stable, demonstrating consistent revenue growth from $6.1 million in 2014 to $33.7 million in 2023, and maintaining a positive net income in most periods, such as a $7.9 million surplus in 2023.
How has Betances Health Center's asset base changed over time?
The organization's assets have grown substantially, from $2.3 million in 2014 to $22.3 million in 2023, indicating significant expansion and investment in its operational capacity.
What is the trend in Betances Health Center's revenue?
Betances Health Center has experienced strong and consistent revenue growth, increasing from $6,165,210 in 2014 to $33,769,083 in 2023, representing a nearly 450% increase over the decade.
Does Betances Health Center report executive compensation?
The provided IRS 990 data consistently shows 0% reported for 'Officer Comp' across all filing periods, suggesting that executive compensation is either not paid or is reported under other expense categories.
Filing History
IRS 990 filing history for Betances Health Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Betances Health Center's revenue has grown by 470.6%, moving from $5.9M to $33.8M. Total assets increased by 616.1% over the same period, from $3.1M to $22.4M. Total functional expenses rose by 341.6%, from $5.9M to $25.8M. In its most recent filing year (2023), Betances Health Center reported a surplus of $7.9M, with revenue exceeding expenses. The organization holds $7.5M in liabilities against $22.4M in assets (debt-to-asset ratio: 33.7%), resulting in net assets of $14.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33.8M | $25.8M | $22.4M | $7.5M | — | — |
| 2022 | $21.4M | $20.4M | $14.8M | $7.9M | — | View 990 |
| 2021 | $19.8M | $17.6M | $7.7M | $1.8M | — | View 990 |
| 2020 | $16.6M | $15.7M | $6.8M | $3.1M | — | — |
| 2019 | $14.2M | $13.9M | $3.9M | $1.1M | — | View 990 |
| 2018 | $11.6M | $11.3M | $3.6M | $1.2M | — | View 990 |
| 2017 | $10.3M | $9.5M | $3.6M | $1.4M | — | View 990 |
| 2016 | $9.5M | $9.2M | $3.1M | $1.8M | — | View 990 |
| 2015 | $7.0M | $7.0M | $2.3M | $1.3M | — | View 990 |
| 2014 | $6.2M | $6.2M | $2.3M | $1.3M | — | View 990 |
| 2013 | $6.2M | $6.2M | $3.0M | $1.3M | — | View 990 |
| 2012 | $5.9M | $5.3M | $2.8M | $1.1M | — | View 990 |
| 2011 | $5.9M | $5.9M | $3.1M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.8M, expenses of $25.8M, and assets of $22.4M (revenue +57.9% year-over-year).
- 2022: Revenue of $21.4M, expenses of $20.4M, and assets of $14.8M (revenue +8.2% year-over-year).
- 2021: Revenue of $19.8M, expenses of $17.6M, and assets of $7.7M (revenue +18.9% year-over-year).
- 2020: Revenue of $16.6M, expenses of $15.7M, and assets of $6.8M (revenue +17.0% year-over-year).
- 2019: Revenue of $14.2M, expenses of $13.9M, and assets of $3.9M (revenue +22.6% year-over-year).
- 2018: Revenue of $11.6M, expenses of $11.3M, and assets of $3.6M (revenue +12.7% year-over-year).
- 2017: Revenue of $10.3M, expenses of $9.5M, and assets of $3.6M (revenue +8.1% year-over-year).
- 2016: Revenue of $9.5M, expenses of $9.2M, and assets of $3.1M (revenue +36.2% year-over-year).
- 2015: Revenue of $7.0M, expenses of $7.0M, and assets of $2.3M (revenue +13.2% year-over-year).
- 2014: Revenue of $6.2M, expenses of $6.2M, and assets of $2.3M (revenue -0.5% year-over-year).
- 2013: Revenue of $6.2M, expenses of $6.2M, and assets of $3.0M (revenue +4.2% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.3M, and assets of $2.8M (revenue +0.5% year-over-year).
- 2011: Revenue of $5.9M, expenses of $5.9M, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Betances Health Center:
Data Sources and Methodology
This transparency report for Betances Health Center 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.