Century Association

Century Association shows strong asset growth and zero officer compensation despite fluctuating revenues.

EIN: 130562370 · New York, NY · Updated: 2026-03-28

$15.9MRevenue
$12.0MGross Revenue
$38.9MAssets
85/100Mission Score (Excellent)
Century Association Financial Summary
MetricValue
Total Revenue$15.9M
Total Expenses$10.5M
Program Spending80%
CEO/Top Officer Pay$38,873,917.
Net Assets$32.6M
Transparency Score85/100

Is Century Association Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Century Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Century Association

Century Association (EIN: 130562370) is a nonprofit organization based in New York, NY. The organization reported total revenue of $15.9M and total assets of $38.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Century Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

48Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Century Association is a large nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$13.6M
Total Expenses$10.5M
Surplus / Deficit+$3.1M
Total Assets$34.7M
Total Liabilities$2.1M
Net Assets$32.6M
Operating Margin22.9%
Debt-to-Asset Ratio6.1%
Months of Reserves39.8 months

Financial Health Grade: A

In 2023, Century Association reported a surplus of $3.1M with revenue exceeding expenses, holds 39.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Century Association's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+45.6%+11.0%+15.3%
2022+8.2%+38.0%-8.9%
2021-0.8%-11.6%+14.5%
2020-6.5%-18.6%+1.7%
2019-0.6%-3.3%-2.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1978

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Century Association demonstrates a stable financial position with consistent asset growth over the past decade, reaching $38,873,917 in the latest period. Revenue has shown significant fluctuation, with a notable increase to $13,567,225 in 202309 from $9,319,860 in 202209, indicating potential variability in funding sources or economic conditions affecting its operations. The organization consistently reports zero officer compensation, which is a positive indicator of financial stewardship and a focus on mission-related spending rather than executive enrichment. Spending efficiency appears generally sound, with expenses typically below or close to revenue in recent years, such as $10,464,348 in expenses against $13,567,225 in revenue for 202309. However, there were periods like 201909 and 201809 where expenses slightly exceeded revenue, suggesting careful monitoring of expenditure is necessary. The consistent growth in assets, despite some years of operating deficits, points to effective long-term financial management and investment strategies. Transparency is high regarding executive compensation, as no officer compensation has been reported across all available filings. While specific program spending details are not provided in the summary data, the overall financial health appears robust, supported by increasing assets and generally managed expenses. The organization's ability to maintain and grow its asset base while keeping officer compensation at zero reflects a commitment to its stated purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Century Association 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, Century Association 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$13.6MTotal Revenue
$10.5MTotal Expenses
$34.7MTotal Assets
$2.1MTotal Liabilities
$32.6MNet Assets
  • The organization reported a surplus of $3.1M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 6.1%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for a nonprofit of its size with assets reaching $38,873,917.

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 Century Association's IRS 990 filings:

  • Revenue volatility in recent years, with a large jump in 202309, warrants closer examination of its sustainability.

Strengths

The following positive indicators were identified for Century Association:

  • Consistent asset growth, reaching $38,873,917 in the latest period.
  • Zero officer compensation reported across all filings, indicating strong financial stewardship.
  • Generally positive net income in recent years, such as $3,102,877 in 202309 ($13,567,225 revenue - $10,464,348 expenses).
  • Strong liquidity with liabilities ($2,124,092 in 202309) significantly lower than assets ($34,696,086 in 202309).

Frequently Asked Questions about Century Association

Is Century Association a legitimate charity?

Century Association (EIN: 130562370) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Century Association spend its money?

Century Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Century Association tax-deductible?

Century Association is registered as a tax-exempt nonprofit (EIN: 130562370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Century Association CEO make?

Century Association's highest-compensated officer earns $38,873,917. annually. The organization reported $15.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Century Association's spending goes to programs?

Century Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Century Association located?

Century Association is headquartered in New York, New York and files with the IRS under EIN 130562370.

How many years of IRS 990 filings does Century Association have?

Century Association 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 $15.9M in total revenue.

Is Century Association financially stable?

Yes, Century Association appears financially stable, evidenced by consistent asset growth from $28,172,327 in 201609 to $38,873,917 currently, and generally managed expenses relative to revenue.

How has Century Association's revenue trended?

Revenue has fluctuated, with a significant increase from $9,319,860 in 202209 to $13,567,225 in 202309, following several years of revenue around $8-9 million.

Does Century Association pay its officers?

No, Century Association consistently reports 0% officer compensation across all available IRS 990 filings, indicating no compensation is paid to its officers.

What is the trend in the organization's assets?

The organization's assets have shown a strong upward trend, growing from $28,172,327 in 201609 to $38,873,917 in the latest period, indicating effective asset management and accumulation.

Filing History

IRS 990 filing history for Century Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Century Association's revenue has grown by 17.5%, moving from $11.5M to $13.6M. Total assets increased by 21.9% over the same period, from $28.5M to $34.7M. Total functional expenses rose by 30.8%, from $8.0M to $10.5M. In its most recent filing year (2023), Century Association reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $34.7M in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $32.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $13.6M $10.5M $34.7M $2.1M
2022 $9.3M $9.4M $30.1M $2.9M
2021 $8.6M $6.8M $33.0M $2.9M View 990
2020 $8.7M $7.7M $28.9M $6.1M
2019 $9.3M $9.5M $28.4M $6.2M View 990
2018 $9.3M $9.8M $29.2M $4.9M View 990
2017 $9.2M $9.6M $29.0M $5.5M View 990
2016 $8.2M $9.5M $28.2M $6.1M View 990
2015 $9.0M $9.5M $29.0M $5.5M View 990
2014 $9.0M $9.4M $30.2M $3.6M View 990
2013 $8.2M $8.7M $29.8M $2.7M View 990
2012 $8.4M $8.6M $29.3M $2.8M View 990
2011 $11.5M $8.0M $28.5M $2.2M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $13.6M, expenses of $10.5M, and assets of $34.7M (revenue +45.6% year-over-year).
  • 2022: Revenue of $9.3M, expenses of $9.4M, and assets of $30.1M (revenue +8.2% year-over-year).
  • 2021: Revenue of $8.6M, expenses of $6.8M, and assets of $33.0M (revenue -0.8% year-over-year).
  • 2020: Revenue of $8.7M, expenses of $7.7M, and assets of $28.9M (revenue -6.5% year-over-year).
  • 2019: Revenue of $9.3M, expenses of $9.5M, and assets of $28.4M (revenue -0.6% year-over-year).
  • 2018: Revenue of $9.3M, expenses of $9.8M, and assets of $29.2M (revenue +1.9% year-over-year).
  • 2017: Revenue of $9.2M, expenses of $9.6M, and assets of $29.0M (revenue +11.3% year-over-year).
  • 2016: Revenue of $8.2M, expenses of $9.5M, and assets of $28.2M (revenue -8.1% year-over-year).
  • 2015: Revenue of $9.0M, expenses of $9.5M, and assets of $29.0M (revenue -0.8% year-over-year).
  • 2014: Revenue of $9.0M, expenses of $9.4M, and assets of $30.2M (revenue +9.8% year-over-year).
  • 2013: Revenue of $8.2M, expenses of $8.7M, and assets of $29.8M (revenue -2.4% year-over-year).
  • 2012: Revenue of $8.4M, expenses of $8.6M, and assets of $29.3M (revenue -26.9% year-over-year).
  • 2011: Revenue of $11.5M, expenses of $8.0M, and assets of $28.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Century Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Century Association 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.

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