Christian Herald Assn Inc
Christian Herald Assn Inc reports consistent revenue and assets with no officer compensation across all available filings.
EIN: 131617086 · New York, NY · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29.5M |
| Total Expenses | $25.7M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $24.7M |
| Net Assets | $31.9M |
| Transparency Score | 75/100 |
Is Christian Herald Assn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Christian Herald Assn Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Christian Herald Assn Inc
Christian Herald Assn Inc (EIN: 131617086) is a nonprofit organization based in New York, NY, classified under NTEE code X99. The organization reported total revenue of $29.5M and total assets of $60.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christian Herald Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christian Herald Assn Inc is a large nonprofit that has been operating for 87 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.8M |
| Total Expenses | $25.7M |
| Surplus / Deficit | $-886,716 |
| Total Assets | $36.2M |
| Total Liabilities | $4.3M |
| Net Assets | $31.9M |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Christian Herald Assn Inc reported a deficit of $887K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Christian Herald Assn Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +0.7% | -0.8% |
| 2022 | -18.7% | +0.9% | -7.0% |
| 2021 | +0.6% | -5.9% | +8.0% |
| 2020 | +73.0% | +19.6% | +9.2% |
| 2019 | -0.6% | +27.8% | -13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1939 |
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 Christian Herald Assn Inc with a Mission Score of 75 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Christian Herald Assn Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $887K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, including the latest period with $24.7M in revenue and $36.1M in assets, which is highly unusual for an organization of this size and suggests either a fully volunteer executive team or compensation being reported in other expense categories.
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 Christian Herald Assn Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size warrants further investigation into how leadership is compensated or structured.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Christian Herald Assn Inc:
- Consistent revenue generation, generally between $14M and $30M annually.
- Strong asset base, consistently above $32M, indicating financial stability.
- Manageable liabilities relative to assets, demonstrating good financial health.
- No reported officer compensation, which could indicate a highly efficient or volunteer-driven executive structure.
Frequently Asked Questions about Christian Herald Assn Inc
Is Christian Herald Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Christian Herald Assn Inc (EIN: 131617086) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Christian Herald Assn Inc spend its money?
Christian Herald Assn Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Christian Herald Assn Inc tax-deductible?
Christian Herald Assn Inc is registered as a tax-exempt nonprofit (EIN: 131617086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Christian Herald Assn Inc CEO make?
Christian Herald Assn Inc's highest-compensated officer earns $24.7M annually. The organization reported $29.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Christian Herald Assn Inc's spending goes to programs?
Christian Herald Assn Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Christian Herald Assn Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Christian Herald Assn Inc is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Christian Herald Assn Inc located?
Christian Herald Assn Inc is headquartered in New York, New York and files with the IRS under EIN 131617086. It is classified under NTEE code X99.
How many years of IRS 990 filings does Christian Herald Assn Inc have?
Christian Herald Assn 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 $29.5M in total revenue.
How does Christian Herald Assn Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all available filings for an organization with revenues in the tens of millions is highly unusual. This could indicate a fully volunteer executive leadership, or that executive compensation is categorized differently within the financial statements, such as under 'other salaries and wages' or through related organizations, which would require deeper scrutiny of the full 990 forms to understand.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Based on the provided summary data, a detailed breakdown of program, administrative, and fundraising expenses is not available. This information is crucial for assessing how efficiently the organization is spending its funds to achieve its mission.
Has the organization experienced significant financial fluctuations?
While there are year-to-year variations, the organization's revenue has generally ranged from $14M to $30M and assets from $32M to $41M over the past decade, indicating a relatively stable financial history without extreme fluctuations.
What is the organization's strategy for managing its liabilities?
The organization's liabilities have consistently been a small fraction of its total assets, typically ranging from $3.4M to $7.8M against assets of $32M to $41M. This suggests a conservative approach to debt and strong asset coverage for its obligations.
Filing History
IRS 990 filing history for Christian Herald Assn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Christian Herald Assn Inc's revenue has grown by 105.7%, moving from $12.0M to $24.8M. Total assets increased by 55.3% over the same period, from $23.3M to $36.2M. Total functional expenses rose by 125.3%, from $11.4M to $25.7M. In its most recent filing year (2023), Christian Herald Assn Inc reported a deficit of $887K, with expenses exceeding revenue. The organization holds $4.3M in liabilities against $36.2M in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $31.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.8M | $25.7M | $36.2M | $4.3M | — | — |
| 2022 | $24.6M | $25.5M | $36.5M | $4.3M | — | — |
| 2021 | $30.3M | $25.3M | $39.2M | $4.1M | — | View 990 |
| 2020 | $30.1M | $26.8M | $36.3M | $7.4M | — | — |
| 2019 | $17.4M | $22.4M | $33.2M | $7.9M | — | View 990 |
| 2018 | $17.5M | $17.6M | $38.4M | $7.1M | — | View 990 |
| 2017 | $15.7M | $16.8M | $39.6M | $6.1M | — | View 990 |
| 2016 | $14.4M | $16.5M | $37.5M | $3.5M | — | View 990 |
| 2015 | $23.2M | $14.2M | $41.9M | $6.0M | — | View 990 |
| 2014 | $13.9M | $13.0M | $32.5M | $4.3M | — | View 990 |
| 2013 | $16.3M | $12.7M | $32.0M | $4.9M | — | View 990 |
| 2012 | $13.8M | $12.5M | $25.1M | $1.4M | — | View 990 |
| 2011 | $12.0M | $11.4M | $23.3M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.8M, expenses of $25.7M, and assets of $36.2M (revenue +0.7% year-over-year).
- 2022: Revenue of $24.6M, expenses of $25.5M, and assets of $36.5M (revenue -18.7% year-over-year).
- 2021: Revenue of $30.3M, expenses of $25.3M, and assets of $39.2M (revenue +0.6% year-over-year).
- 2020: Revenue of $30.1M, expenses of $26.8M, and assets of $36.3M (revenue +73.0% year-over-year).
- 2019: Revenue of $17.4M, expenses of $22.4M, and assets of $33.2M (revenue -0.6% year-over-year).
- 2018: Revenue of $17.5M, expenses of $17.6M, and assets of $38.4M (revenue +11.4% year-over-year).
- 2017: Revenue of $15.7M, expenses of $16.8M, and assets of $39.6M (revenue +9.1% year-over-year).
- 2016: Revenue of $14.4M, expenses of $16.5M, and assets of $37.5M (revenue -37.9% year-over-year).
- 2015: Revenue of $23.2M, expenses of $14.2M, and assets of $41.9M (revenue +66.8% year-over-year).
- 2014: Revenue of $13.9M, expenses of $13.0M, and assets of $32.5M (revenue -14.8% year-over-year).
- 2013: Revenue of $16.3M, expenses of $12.7M, and assets of $32.0M (revenue +17.8% year-over-year).
- 2012: Revenue of $13.8M, expenses of $12.5M, and assets of $25.1M (revenue +15.0% year-over-year).
- 2011: Revenue of $12.0M, expenses of $11.4M, and assets of $23.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christian Herald Assn Inc:
Data Sources and Methodology
This transparency report for Christian Herald Assn 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.