Caring For The Homeless Of Peekskill Inc
Caring For The Homeless Of Peekskill Inc consistently grows revenue and assets with no reported executive compensation.
EIN: 133437332 · Peekskill, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.9M |
| Program Spending | 90% |
| Net Assets | $871K |
| Transparency Score | 92/100 |
Is Caring For The Homeless Of Peekskill Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caring For The Homeless Of Peekskill Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caring For The Homeless Of Peekskill Inc
Caring For The Homeless Of Peekskill Inc (EIN: 133437332) is a nonprofit organization based in Peekskill, NY. The organization reported total revenue of $3.4M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caring For The Homeless Of Peekskill Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caring For The Homeless Of Peekskill Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$154K |
| Total Assets | $996K |
| Total Liabilities | $125K |
| Net Assets | $871K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 12.6% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Caring For The Homeless Of Peekskill Inc reported a surplus of $154K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 12.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Caring For The Homeless Of Peekskill Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | -6.0% | +5.3% |
| 2022 | +16.9% | +20.7% | -8.4% |
| 2021 | +6.3% | +13.8% | -7.1% |
| 2020 | +48.4% | +22.3% | +71.1% |
| 2019 | +0.5% | +20.4% | -25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Caring For The Homeless Of Peekskill Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Caring For The Homeless Of Peekskill Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $154K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.6%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for directing funds to its mission.
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 Caring For The Homeless Of Peekskill Inc:
- Consistent revenue growth, from $1,019,811 in 2014 to $3,047,393 in 2023.
- No reported officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Healthy asset growth, from $380,938 in 2014 to $996,351 in 2023.
- Revenues generally exceed expenses, contributing to financial stability.
- Low liabilities relative to assets, indicating strong financial health.
Frequently Asked Questions about Caring For The Homeless Of Peekskill Inc
Is Caring For The Homeless Of Peekskill Inc a legitimate charity?
Caring For The Homeless Of Peekskill Inc (EIN: 133437332) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Caring For The Homeless Of Peekskill Inc spend its money?
Caring For The Homeless Of Peekskill Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Caring For The Homeless Of Peekskill Inc tax-deductible?
Caring For The Homeless Of Peekskill Inc is registered as a tax-exempt nonprofit (EIN: 133437332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Caring For The Homeless Of Peekskill Inc's spending goes to programs?
Caring For The Homeless Of Peekskill Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Caring For The Homeless Of Peekskill Inc located?
Caring For The Homeless Of Peekskill Inc is headquartered in Peekskill, New York and files with the IRS under EIN 133437332.
How many years of IRS 990 filings does Caring For The Homeless Of Peekskill Inc have?
Caring For The Homeless Of Peekskill Inc 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 $3.4M in total revenue.
Is Caring For The Homeless Of Peekskill Inc financially stable?
Yes, the organization appears financially stable, with assets consistently growing from $380,938 in 2014 to $996,351 in 2023, and revenues generally exceeding expenses.
How much of its budget goes to executive salaries?
Based on the provided IRS 990 data, Caring For The Homeless Of Peekskill Inc reports 0% officer compensation across all available filings, suggesting no executive salaries are paid from the organization's funds in this category.
Has the organization's revenue grown over time?
Yes, the organization has shown significant revenue growth, increasing from $1,019,811 in 2014 to $3,047,393 in 2023.
Are liabilities a concern for this organization?
No, liabilities appear to be well-managed and relatively low compared to assets. For example, in 2023, liabilities were $125,193 against assets of $996,351.
Filing History
IRS 990 filing history for Caring For The Homeless Of Peekskill Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Caring For The Homeless Of Peekskill Inc's revenue has grown by 267.6%, moving from $829K to $3.0M. Total assets increased by 215.1% over the same period, from $316K to $996K. Total functional expenses rose by 253.7%, from $818K to $2.9M. In its most recent filing year (2023), Caring For The Homeless Of Peekskill Inc reported a surplus of $154K, with revenue exceeding expenses. The organization holds $125K in liabilities against $996K in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $871K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $2.9M | $996K | $125K | — | — |
| 2022 | $3.0M | $3.1M | $947K | $230K | — | View 990 |
| 2021 | $2.6M | $2.6M | $1.0M | $241K | — | View 990 |
| 2020 | $2.4M | $2.2M | $1.1M | $308K | — | View 990 |
| 2019 | $1.6M | $1.8M | $650K | $21K | — | View 990 |
| 2018 | $1.6M | $1.5M | $871K | $37K | — | View 990 |
| 2017 | $1.3M | $1.2M | $742K | $7K | — | View 990 |
| 2016 | $1.2M | $1.1M | $636K | $3K | — | View 990 |
| 2015 | $1.1M | $931K | $543K | $8K | — | View 990 |
| 2014 | $1.0M | $902K | $381K | $20K | — | View 990 |
| 2013 | $842K | $839K | $260K | $17K | — | View 990 |
| 2012 | $758K | $781K | $250K | $10K | — | View 990 |
| 2011 | $829K | $818K | $316K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $2.9M, and assets of $996K (revenue +1.5% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.1M, and assets of $947K (revenue +16.9% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.6M, and assets of $1.0M (revenue +6.3% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.2M, and assets of $1.1M (revenue +48.4% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.8M, and assets of $650K (revenue +0.5% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $871K (revenue +27.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $742K (revenue +5.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $636K (revenue +8.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $931K, and assets of $543K (revenue +8.3% year-over-year).
- 2014: Revenue of $1.0M, expenses of $902K, and assets of $381K (revenue +21.2% year-over-year).
- 2013: Revenue of $842K, expenses of $839K, and assets of $260K (revenue +11.1% year-over-year).
- 2012: Revenue of $758K, expenses of $781K, and assets of $250K (revenue -8.6% year-over-year).
- 2011: Revenue of $829K, expenses of $818K, and assets of $316K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caring For The Homeless Of Peekskill Inc:
Data Sources and Methodology
This transparency report for Caring For The Homeless Of Peekskill Inc 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.