Discalced Inc
Discalced Inc shows fluctuating revenues and expenses, with no reported officer compensation.
EIN: 133577394 · Brooklyn, NY · NTEE: A620 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.7M |
| Total Expenses | $10.4M |
| Program Spending | 90% |
| Net Assets | $18.0M |
| Transparency Score | 85/100 |
Is Discalced Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Discalced Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Discalced Inc
Discalced Inc (EIN: 133577394) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A620. The organization reported total revenue of $10.7M and total assets of $18.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Discalced Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Discalced Inc is a large nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $10.4M |
| Surplus / Deficit | $-3,461,555 |
| Total Assets | $19.5M |
| Total Liabilities | $1.5M |
| Net Assets | $18.0M |
| Operating Margin | -49.8% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 22.5 months |
Financial Health Grade: B
In 2023, Discalced Inc reported a deficit of $3.5M with expenses exceeding revenue, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Discalced Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.8% | +17.3% | -10.6% |
| 2022 | +134.7% | +43.3% | +14.5% |
| 2021 | -18.5% | -25.5% | +2.0% |
| 2020 | -34.1% | -17.6% | +4.4% |
| 2019 | +32.8% | +15.2% | +12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
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 Discalced 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Discalced Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $3.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This suggests a highly efficient use of funds, potentially relying on volunteer leadership or compensation through other means not reported as officer compensation on the 990.
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 Discalced Inc's IRS 990 filings:
- Significant year-over-year revenue and expense volatility (e.g., $14.4M revenue in 2022 vs. $6.9M in 2023)
- Operating deficit in the most recent filing period (202306: Expenses $10.4M > Revenue $6.9M)
Strengths
The following positive indicators were identified for Discalced Inc:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs
- Substantial asset base ($18,834,215 latest assets) providing financial stability
- Long filing history (13 filings) demonstrating sustained operation and transparency
Frequently Asked Questions about Discalced Inc
Is Discalced Inc a legitimate charity?
Discalced Inc (EIN: 133577394) 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: $10.7M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Discalced Inc spend its money?
Discalced Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Discalced Inc tax-deductible?
Discalced Inc is registered as a tax-exempt nonprofit (EIN: 133577394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Discalced Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Discalced Inc is above average for NTEE category A620 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Discalced Inc located?
Discalced Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133577394. It is classified under NTEE code A620.
How many years of IRS 990 filings does Discalced Inc have?
Discalced 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 $10.7M in total revenue.
Is Discalced Inc a good charity?
Based on the available financial data, Discalced Inc appears to be a financially responsible organization, particularly given its consistent reporting of 0% officer compensation, which suggests a strong commitment to directing funds towards its mission. However, the significant year-to-year fluctuations in revenue and expenses warrant closer examination to understand the underlying operational dynamics.
Why is officer compensation 0%?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, compensated through a related religious order, or that compensation falls below the reporting threshold for officers on the IRS Form 990. This is generally a positive indicator for donor confidence regarding administrative efficiency.
What caused the large revenue fluctuation between 2022 and 2023?
Revenue for Discalced Inc dropped from $14,438,321 in 202206 to $6,954,080 in 202306, a decrease of over 50%. This significant fluctuation could be due to a variety of factors such as changes in donation patterns, specific large grants or gifts received in one year but not the next, or shifts in program funding. Further investigation into the organization's revenue sources would be necessary to understand this volatility.
Filing History
IRS 990 filing history for Discalced Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Discalced Inc's revenue has grown by 31.8%, moving from $5.3M to $7.0M. Total assets increased by 78.1% over the same period, from $10.9M to $19.5M. Total functional expenses rose by 89.1%, from $5.5M to $10.4M. In its most recent filing year (2023), Discalced Inc reported a deficit of $3.5M, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $19.5M in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $18.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $10.4M | $19.5M | $1.5M | — | View 990 |
| 2022 | $14.4M | $8.9M | $21.8M | $729K | — | View 990 |
| 2021 | $6.2M | $6.2M | $19.1M | $2.8M | — | View 990 |
| 2020 | $7.5M | $8.3M | $18.7M | $2.3M | — | View 990 |
| 2019 | $11.5M | $10.1M | $17.9M | $823K | — | View 990 |
| 2018 | $8.6M | $8.8M | $15.9M | $438K | — | View 990 |
| 2017 | $9.6M | $8.9M | $15.8M | $350K | — | View 990 |
| 2016 | $10.1M | $7.6M | $15.1M | $353K | — | View 990 |
| 2015 | $8.0M | $7.7M | $12.8M | $319K | — | View 990 |
| 2014 | $9.6M | $7.1M | $12.9M | $561K | — | View 990 |
| 2013 | $5.8M | $6.3M | $10.2M | $409K | — | View 990 |
| 2012 | $5.3M | $5.9M | $10.5M | $212K | — | View 990 |
| 2011 | $5.3M | $5.5M | $10.9M | $161K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $10.4M, and assets of $19.5M (revenue -51.8% year-over-year).
- 2022: Revenue of $14.4M, expenses of $8.9M, and assets of $21.8M (revenue +134.7% year-over-year).
- 2021: Revenue of $6.2M, expenses of $6.2M, and assets of $19.1M (revenue -18.5% year-over-year).
- 2020: Revenue of $7.5M, expenses of $8.3M, and assets of $18.7M (revenue -34.1% year-over-year).
- 2019: Revenue of $11.5M, expenses of $10.1M, and assets of $17.9M (revenue +32.8% year-over-year).
- 2018: Revenue of $8.6M, expenses of $8.8M, and assets of $15.9M (revenue -10.1% year-over-year).
- 2017: Revenue of $9.6M, expenses of $8.9M, and assets of $15.8M (revenue -5.0% year-over-year).
- 2016: Revenue of $10.1M, expenses of $7.6M, and assets of $15.1M (revenue +26.3% year-over-year).
- 2015: Revenue of $8.0M, expenses of $7.7M, and assets of $12.8M (revenue -16.3% year-over-year).
- 2014: Revenue of $9.6M, expenses of $7.1M, and assets of $12.9M (revenue +64.6% year-over-year).
- 2013: Revenue of $5.8M, expenses of $6.3M, and assets of $10.2M (revenue +9.4% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.9M, and assets of $10.5M (revenue +0.6% year-over-year).
- 2011: Revenue of $5.3M, expenses of $5.5M, and assets of $10.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Discalced Inc:
Data Sources and Methodology
This transparency report for Discalced 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.