Danish Home For The Aged
Danish Home For The Aged faces significant operational deficits with expenses consistently exceeding revenue in recent years.
EIN: 131762453 · Croton Hdsn, NY · NTEE: L22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $154K |
| Total Expenses | $423K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $3,501,965 |
| Net Assets | $3.4M |
| Transparency Score | 60/100 |
Is Danish Home For The Aged Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Danish Home For The Aged directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Danish Home For The Aged
Danish Home For The Aged (EIN: 131762453) is a nonprofit organization based in Croton Hdsn, NY, classified under NTEE code L22Z. The organization reported total revenue of $154K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danish Home For The Aged's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danish Home For The Aged is a small nonprofit that has been operating for 67 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -8.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $423K |
| Surplus / Deficit | $-269,114 |
| Total Assets | $3.5M |
| Total Liabilities | $92K |
| Net Assets | $3.4M |
| Operating Margin | -174.4% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 99.3 months |
Financial Health Grade: B
In 2022, Danish Home For The Aged reported a deficit of $269K with expenses exceeding revenue, holds 99.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Danish Home For The Aged's revenue has declined at a compound annual growth rate (CAGR) of -8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +10.5% | -35.2% | -6.4% |
| 2021 | -86.2% | -9.5% | -13.9% |
| 2020 | -20.7% | +16.8% | +9.4% |
| 2019 | +90.3% | +2.4% | +12.0% |
| 2018 | +11.8% | +2.2% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Danish Home For The Aged with a Mission Score of 60 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Danish Home For The Aged allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $269K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its asset size ($3,501,965).
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 Danish Home For The Aged's IRS 990 filings:
- Consistent and significant operational deficits (e.g., $154,277 revenue vs. $423,391 expenses in 2022).
- Drastic and unexplained decline in revenue from over $1 million in 2019-2020 to under $200,000 in 2021-2022.
- Expenses significantly exceeding revenue for multiple consecutive years (2021 and 2022).
Strengths
The following positive indicators were identified for Danish Home For The Aged:
- Substantial asset base of $3,501,965, providing a financial cushion.
- Zero officer compensation reported across all available filings, indicating strong financial stewardship at the executive level.
- Long filing history (12 filings), suggesting consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Danish Home For The Aged
Is Danish Home For The Aged a legitimate charity?
Danish Home For The Aged (EIN: 131762453) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 12 years of IRS 990 filings on record. Total revenue: $154K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Danish Home For The Aged spend its money?
Danish Home For The Aged directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Danish Home For The Aged tax-deductible?
Danish Home For The Aged is registered as a tax-exempt nonprofit (EIN: 131762453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Danish Home For The Aged CEO make?
Danish Home For The Aged's highest-compensated officer earns $3,501,965 annually. The organization reported $154K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Danish Home For The Aged's spending goes to programs?
Danish Home For The Aged directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Danish Home For The Aged compare to similar nonprofits?
With a transparency score of 60/100 (Good), Danish Home For The Aged is above average for NTEE category L22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Danish Home For The Aged located?
Danish Home For The Aged is headquartered in Croton Hdsn, New York and files with the IRS under EIN 131762453. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Danish Home For The Aged have?
Danish Home For The Aged has 12 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 $154K in total revenue.
Is Danish Home For The Aged a good charity?
While the organization has substantial assets and reports no officer compensation, its recent financial performance shows significant operational deficits (e.g., $154,277 revenue vs. $423,391 expenses in 2022). This raises concerns about its long-term financial sustainability, despite its apparent commitment to its mission.
What caused the drastic drop in revenue from over $1 million in 2019-2020 to under $200,000 in 2021-2022?
The provided data does not specify the reasons for this significant decline. It could be due to changes in funding sources, a shift in operational model, or external factors impacting their ability to generate income. Further investigation into their revenue streams would be necessary.
How does the organization plan to address its consistent operational deficits?
The filings show a pattern where expenses consistently exceed revenue in recent years (e.g., $423,391 expenses vs. $154,277 revenue in 2022). The organization would need a clear strategy to either increase revenue or reduce expenses to ensure long-term viability, which is not detailed in the provided data.
Filing History
IRS 990 filing history for Danish Home For The Aged showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Danish Home For The Aged's revenue has declined by 62.1%, moving from $407K to $154K. Total assets increased by 45.1% over the same period, from $2.4M to $3.5M. Total functional expenses fell by 25.2%, from $566K to $423K. In its most recent filing year (2022), Danish Home For The Aged reported a deficit of $269K, with expenses exceeding revenue. The organization holds $92K in liabilities against $3.5M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $154K | $423K | $3.5M | $92K | — | View 990 |
| 2021 | $140K | $653K | $3.7M | $64K | — | View 990 |
| 2020 | $1.0M | $722K | $4.3M | $156K | — | — |
| 2019 | $1.3M | $618K | $4.0M | $35K | — | View 990 |
| 2018 | $670K | $603K | $3.5M | $41K | — | View 990 |
| 2017 | $599K | $591K | $3.6M | $53K | — | — |
| 2016 | $948K | $582K | $3.3M | $25K | — | View 990 |
| 2015 | $578K | $559K | $2.9M | $12K | — | View 990 |
| 2014 | $697K | $611K | $2.9M | $20K | — | View 990 |
| 2013 | $612K | $619K | $2.8M | $21K | — | View 990 |
| 2012 | $535K | $560K | $2.5M | $19K | — | View 990 |
| 2011 | $407K | $566K | $2.4M | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $154K, expenses of $423K, and assets of $3.5M (revenue +10.5% year-over-year).
- 2021: Revenue of $140K, expenses of $653K, and assets of $3.7M (revenue -86.2% year-over-year).
- 2020: Revenue of $1.0M, expenses of $722K, and assets of $4.3M (revenue -20.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $618K, and assets of $4.0M (revenue +90.3% year-over-year).
- 2018: Revenue of $670K, expenses of $603K, and assets of $3.5M (revenue +11.8% year-over-year).
- 2017: Revenue of $599K, expenses of $591K, and assets of $3.6M (revenue -36.8% year-over-year).
- 2016: Revenue of $948K, expenses of $582K, and assets of $3.3M (revenue +64.0% year-over-year).
- 2015: Revenue of $578K, expenses of $559K, and assets of $2.9M (revenue -17.1% year-over-year).
- 2014: Revenue of $697K, expenses of $611K, and assets of $2.9M (revenue +13.8% year-over-year).
- 2013: Revenue of $612K, expenses of $619K, and assets of $2.8M (revenue +14.5% year-over-year).
- 2012: Revenue of $535K, expenses of $560K, and assets of $2.5M (revenue +31.3% year-over-year).
- 2011: Revenue of $407K, expenses of $566K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danish Home For The Aged:
Data Sources and Methodology
This transparency report for Danish Home For The Aged 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.