Chinatown Health Clinic Foundation Inc
Chinatown Health Clinic Foundation Inc maintains strong assets and consistent positive net income, with no reported officer compensation.
EIN: 133808933 · New York, NY · NTEE: T30I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $25.9M |
| Transparency Score | 85/100 |
Is Chinatown Health Clinic Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chinatown Health Clinic Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chinatown Health Clinic Foundation Inc
Chinatown Health Clinic Foundation Inc (EIN: 133808933) is a nonprofit organization based in New York, NY, classified under NTEE code T30I. The organization reported total revenue of $5.1M and total assets of $42.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chinatown Health Clinic Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chinatown Health Clinic Foundation Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $40.6M |
| Total Liabilities | $14.7M |
| Net Assets | $25.9M |
| Operating Margin | 41.5% |
| Debt-to-Asset Ratio | 36.2% |
| Months of Reserves | 222.5 months |
Financial Health Grade: A
In 2023, Chinatown Health Clinic Foundation Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 222.5 months of operating reserves (strong position), has a debt-to-asset ratio of 36.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chinatown Health Clinic Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | +27.5% | +8.0% |
| 2022 | +5.6% | +3.1% | -4.1% |
| 2021 | +12.6% | -0.3% | +5.4% |
| 2020 | -47.7% | -85.8% | +3.5% |
| 2019 | +40.5% | +501.2% | -18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Chinatown Health Clinic Foundation Inc 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, Chinatown Health Clinic Foundation Inc 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:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the IRS 990, which is unusual for an organization of its size with over $40 million in assets.
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 Chinatown Health Clinic Foundation Inc's IRS 990 filings:
- Significant one-year expense spike in 2019 without clear explanation in summary data.
- Consistent 0% officer compensation, which is atypical for an organization with over $40 million in assets and requires further scrutiny of full filings.
Strengths
The following positive indicators were identified for Chinatown Health Clinic Foundation Inc:
- Strong and growing asset base, reaching $40,632,187 in 2023.
- Consistent positive net income in most years, indicating financial sustainability.
- Low liabilities relative to assets, with liabilities at $14,698,650 against assets of $40,632,187 in 2023.
- No reported officer compensation, suggesting efficient use of funds at the leadership level.
Frequently Asked Questions about Chinatown Health Clinic Foundation Inc
Is Chinatown Health Clinic Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chinatown Health Clinic Foundation Inc (EIN: 133808933) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Chinatown Health Clinic Foundation Inc spend its money?
Chinatown Health Clinic Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chinatown Health Clinic Foundation Inc tax-deductible?
Chinatown Health Clinic Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133808933). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chinatown Health Clinic Foundation Inc CEO make?
Chinatown Health Clinic Foundation Inc's highest-compensated officer earns $40 annually. The organization reported $5.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Chinatown Health Clinic Foundation Inc's spending goes to programs?
Chinatown Health Clinic Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chinatown Health Clinic Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Chinatown Health Clinic Foundation Inc is above average for NTEE category T30I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chinatown Health Clinic Foundation Inc located?
Chinatown Health Clinic Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133808933. It is classified under NTEE code T30I.
How many years of IRS 990 filings does Chinatown Health Clinic Foundation Inc have?
Chinatown Health Clinic Foundation 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 $5.1M in total revenue.
Is Chinatown Health Clinic Foundation Inc financially stable?
Yes, the organization appears financially stable, consistently reporting positive net income in most years and maintaining a substantial asset base of over $40 million, significantly exceeding its annual expenses.
Why was there a significant expense increase in 2019?
In 2019, the organization reported expenses of $11,811,565 against revenue of $5,968,265, a significant deviation from its typical annual expenses of $1.6M-$2.3M. This anomaly warrants further investigation to understand if it was due to a major project, investment, or other one-time event.
How does the organization manage without officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It suggests that executive leadership may be volunteer, compensated through a related entity, or that compensation is categorized differently on the 990, which would require reviewing the full filing for clarity.
Filing History
IRS 990 filing history for Chinatown Health Clinic Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chinatown Health Clinic Foundation Inc's revenue has grown by 88.8%, moving from $2.0M to $3.7M. Total assets increased by 229% over the same period, from $12.4M to $40.6M. Total functional expenses rose by 235.6%, from $653K to $2.2M. In its most recent filing year (2023), Chinatown Health Clinic Foundation Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $14.7M in liabilities against $40.6M in assets (debt-to-asset ratio: 36.2%), resulting in net assets of $25.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $2.2M | $40.6M | $14.7M | — | — |
| 2022 | $3.7M | $1.7M | $37.6M | $15.5M | — | View 990 |
| 2021 | $3.5M | $1.7M | $39.2M | $17.2M | — | View 990 |
| 2020 | $3.1M | $1.7M | $37.2M | $18.7M | — | View 990 |
| 2019 | $6.0M | $11.8M | $36.0M | $20.2M | — | View 990 |
| 2018 | $4.2M | $2.0M | $43.9M | $21.7M | — | View 990 |
| 2017 | $3.1M | $2.3M | $44.5M | $23.1M | — | — |
| 2016 | $3.1M | $1.7M | $32.4M | $13.6M | — | View 990 |
| 2015 | $2.8M | $1.7M | $31.4M | $14.7M | — | View 990 |
| 2014 | $3.4M | $820K | $31.3M | $15.7M | — | View 990 |
| 2013 | $1.7M | $636K | $16.6M | $2.6M | — | View 990 |
| 2012 | $1.5M | $625K | $13.6M | $2.9M | — | View 990 |
| 2011 | $2.0M | $653K | $12.4M | $3.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $2.2M, and assets of $40.6M (revenue +0.9% year-over-year).
- 2022: Revenue of $3.7M, expenses of $1.7M, and assets of $37.6M (revenue +5.6% year-over-year).
- 2021: Revenue of $3.5M, expenses of $1.7M, and assets of $39.2M (revenue +12.6% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.7M, and assets of $37.2M (revenue -47.7% year-over-year).
- 2019: Revenue of $6.0M, expenses of $11.8M, and assets of $36.0M (revenue +40.5% year-over-year).
- 2018: Revenue of $4.2M, expenses of $2.0M, and assets of $43.9M (revenue +35.7% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.3M, and assets of $44.5M (revenue +1.8% year-over-year).
- 2016: Revenue of $3.1M, expenses of $1.7M, and assets of $32.4M (revenue +10.0% year-over-year).
- 2015: Revenue of $2.8M, expenses of $1.7M, and assets of $31.4M (revenue -18.3% year-over-year).
- 2014: Revenue of $3.4M, expenses of $820K, and assets of $31.3M (revenue +96.1% year-over-year).
- 2013: Revenue of $1.7M, expenses of $636K, and assets of $16.6M (revenue +19.0% year-over-year).
- 2012: Revenue of $1.5M, expenses of $625K, and assets of $13.6M (revenue -26.1% year-over-year).
- 2011: Revenue of $2.0M, expenses of $653K, and assets of $12.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chinatown Health Clinic Foundation Inc:
Data Sources and Methodology
This transparency report for Chinatown Health Clinic Foundation 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.