Candid
Candid maintains strong financial health with consistent asset growth and no reported officer compensation.
EIN: 131837418 · New York, NY · NTEE: T500 · Updated: 2026-03-28
Is Candid Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Candid directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Candid
Candid (EIN: 131837418) is a nonprofit organization based in New York, NY, classified under NTEE code T500. The organization reported total revenue of $71.0M and total assets of $106.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Candid'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 Candid with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Candid allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for Officer Compensation across all periods, which is highly unusual for an organization of Candid's size and revenue. This suggests either a volunteer executive leadership or that executive compensation is categorized differently within the expense structure, warranting further investigation for full transparency.
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 Candid's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration if categorized elsewhere.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering a precise assessment of spending efficiency.
Strengths
The following positive indicators were identified for Candid:
- Consistent financial solvency with assets significantly exceeding liabilities (e.g., $100M assets vs. $30M liabilities in 2023).
- History of positive net income in most years, indicating sustainable operations and responsible financial management.
- Significant and growing asset base, providing financial stability and capacity for future initiatives (e.g., assets grew from $45M in 2018 to $106M currently).
- Consistent revenue generation, demonstrating strong support for its mission.
Frequently Asked Questions about Candid
Is Candid a legitimate charity?
Based on AI analysis of IRS 990 filings, Candid (EIN: 131837418) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Candid spend its money?
Candid directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Candid tax-deductible?
Candid is registered as a tax-exempt nonprofit (EIN: 131837418). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Candid manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization of Candid's scale. This could indicate a volunteer executive leadership, or that executive compensation is included within other expense categories, which would require deeper scrutiny of their detailed financial statements to understand fully.
What is Candid's long-term strategy for asset utilization given its significant asset base?
With assets consistently over $100 million in recent years (e.g., $106,946,485 latest assets), understanding how Candid plans to utilize these assets to further its mission, beyond operational reserves, would provide insight into its long-term impact strategy.
What are the specific breakdowns of program, administrative, and fundraising expenses?
While the overall expenses are provided, a detailed breakdown of how these expenses are allocated across programs, administration, and fundraising would offer a clearer picture of spending efficiency and program focus.
Filing History
IRS 990 filing history for Candid showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Candid's revenue has grown by 99.6%, moving from $21.7M to $43.2M. Total assets increased by 274.4% over the same period, from $26.8M to $100.2M. Total functional expenses rose by 64.6%, from $21.9M to $36.0M. In its most recent filing year (2023), Candid reported a surplus of $7.2M, with revenue exceeding expenses. The organization holds $30.6M in liabilities against $100.2M in assets (debt-to-asset ratio: 30.5%), resulting in net assets of $69.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $43.2M | $36.0M | $100.2M | $30.6M | — | — |
| 2022 | $51.8M | $39.9M | $90.9M | $31.5M | — | View 990 |
| 2021 | $55.2M | $43.7M | $88.0M | $21.4M | — | View 990 |
| 2020 | $42.9M | $39.4M | $69.2M | $18.8M | — | View 990 |
| 2019 | $49.1M | $37.6M | $66.1M | $20.7M | — | View 990 |
| 2018 | $29.7M | $25.8M | $45.5M | $14.8M | — | View 990 |
| 2017 | $24.5M | $24.7M | $42.7M | $15.0M | — | View 990 |
| 2016 | $24.1M | $27.2M | $41.0M | $14.6M | — | View 990 |
| 2015 | $25.4M | $27.5M | $45.2M | $15.9M | — | View 990 |
| 2014 | $23.5M | $25.1M | $41.1M | $9.0M | — | View 990 |
| 2013 | $30.2M | $25.0M | $41.5M | $8.1M | — | View 990 |
| 2012 | $28.5M | $22.6M | $33.5M | $7.8M | — | View 990 |
| 2011 | $21.7M | $21.9M | $26.8M | $7.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43.2M, expenses of $36.0M, and assets of $100.2M (revenue -16.6% year-over-year).
- 2022: Revenue of $51.8M, expenses of $39.9M, and assets of $90.9M (revenue -6.1% year-over-year).
- 2021: Revenue of $55.2M, expenses of $43.7M, and assets of $88.0M (revenue +28.7% year-over-year).
- 2020: Revenue of $42.9M, expenses of $39.4M, and assets of $69.2M (revenue -12.7% year-over-year).
- 2019: Revenue of $49.1M, expenses of $37.6M, and assets of $66.1M (revenue +65.4% year-over-year).
- 2018: Revenue of $29.7M, expenses of $25.8M, and assets of $45.5M (revenue +21.5% year-over-year).
- 2017: Revenue of $24.5M, expenses of $24.7M, and assets of $42.7M (revenue +1.4% year-over-year).
- 2016: Revenue of $24.1M, expenses of $27.2M, and assets of $41.0M (revenue -5.0% year-over-year).
- 2015: Revenue of $25.4M, expenses of $27.5M, and assets of $45.2M (revenue +7.9% year-over-year).
- 2014: Revenue of $23.5M, expenses of $25.1M, and assets of $41.1M (revenue -22.2% year-over-year).
- 2013: Revenue of $30.2M, expenses of $25.0M, and assets of $41.5M (revenue +6.2% year-over-year).
- 2012: Revenue of $28.5M, expenses of $22.6M, and assets of $33.5M (revenue +31.5% year-over-year).
- 2011: Revenue of $21.7M, expenses of $21.9M, and assets of $26.8M.
Data Sources and Methodology
This transparency report for Candid 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.