Edward H Benenson Foundation Inc
Edward H Benenson Foundation shows consistent asset growth despite fluctuating revenues and a recent negative revenue period.
EIN: 136162730 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $537K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $14.0M |
| Transparency Score | 85/100 |
Is Edward H Benenson Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edward H Benenson Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edward H Benenson Foundation Inc
Edward H Benenson Foundation Inc (EIN: 136162730) is a nonprofit organization based in New York, NY. The organization reported total revenue of $6.9M and total assets of $15.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward H Benenson Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward H Benenson Foundation Inc is a mid-size nonprofit that has been operating for 69 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -134.3% | -19.9% | -5.6% |
| 2022 | -58.2% | +2.1% | +0.1% |
| 2021 | +31.1% | +5.6% | +7.3% |
| 2020 | +56.3% | -6.1% | +4.7% |
| 2019 | -29.3% | -21.4% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
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 Edward H Benenson 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Edward H Benenson Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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:
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that the foundation's leadership is either entirely volunteer-based or compensated through an external entity, which significantly reduces administrative overhead for an organization with assets exceeding $14 million.
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 Edward H Benenson Foundation Inc's IRS 990 filings:
- Negative revenue reported in 2023 (-$242,475) without immediate explanation.
- NTEE Code is unknown, which limits understanding of its specific programmatic focus.
Strengths
The following positive indicators were identified for Edward H Benenson Foundation Inc:
- Consistent asset growth from $11.3M in 2011 to $14.0M in 2023, indicating strong financial management.
- 0% officer compensation reported across all filings, suggesting highly efficient use of funds for mission.
- Very low liabilities consistently maintained, reflecting a healthy balance sheet.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Generally stable and controlled expense levels, indicating prudent spending.
Frequently Asked Questions about Edward H Benenson Foundation Inc
Is Edward H Benenson Foundation Inc a legitimate charity?
Edward H Benenson Foundation Inc (EIN: 136162730) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.9M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Edward H Benenson Foundation Inc spend its money?
Edward H Benenson Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Edward H Benenson Foundation Inc tax-deductible?
Edward H Benenson Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136162730). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Edward H Benenson Foundation Inc CEO make?
Edward H Benenson Foundation Inc's highest-compensated officer earns $14 annually. The organization reported $6.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Edward H Benenson Foundation Inc's spending goes to programs?
Edward H Benenson Foundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Edward H Benenson Foundation Inc located?
Edward H Benenson Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136162730.
How many years of IRS 990 filings does Edward H Benenson Foundation Inc have?
Edward H Benenson Foundation Inc has 10 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 $6.9M in total revenue.
What caused the negative revenue of $-242,475 in the 2023 fiscal period?
The negative revenue in 2023 could be attributed to investment losses, a significant return of funds, or specific accounting adjustments. Without further detail from the 990 filing, the exact cause remains unclear but is a notable deviation from previous years.
How does the foundation manage to operate with 0% officer compensation?
The consistent 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or their compensation is covered by a related entity, or they are not considered officers for compensation reporting purposes on the 990 form. This practice significantly reduces administrative costs.
What was the nature of the high expenses ($3,682,855) in 2013?
The substantial increase in expenses in 2013 to $3,682,855, compared to typical annual expenses below $700,000, likely indicates a significant grant distribution or a major program expenditure during that specific period. Further details would be in the 2013 990 filing.
Filing History
IRS 990 filing history for Edward H Benenson Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Edward H Benenson Foundation Inc's revenue has declined by 207.5%, moving from $225K to $-242,475. Total assets increased by 23.7% over the same period, from $11.4M to $14.1M. Total functional expenses rose by 12.6%, from $477K to $537K. The organization holds $93K in liabilities against $14.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $14.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-242,475 | $537K | $14.1M | $93K | — | View 990 |
| 2022 | $707K | $671K | $14.9M | $750 | — | View 990 |
| 2021 | $1.7M | $657K | $14.9M | $750 | — | View 990 |
| 2020 | $1.3M | $622K | $13.9M | $750 | — | — |
| 2019 | $825K | $663K | $13.3M | $750 | — | View 990 |
| 2015 | $1.2M | $843K | $12.0M | $751 | — | View 990 |
| 2014 | $743K | $599K | $11.7M | $28K | — | View 990 |
| 2013 | $3.9M | $3.7M | $11.6M | $750 | — | View 990 |
| 2012 | $539K | $602K | $11.3M | $7K | — | View 990 |
| 2011 | $225K | $477K | $11.4M | $551 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-242,475, expenses of $537K, and assets of $14.1M (revenue -134.3% year-over-year).
- 2022: Revenue of $707K, expenses of $671K, and assets of $14.9M (revenue -58.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $657K, and assets of $14.9M (revenue +31.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $622K, and assets of $13.9M (revenue +56.3% year-over-year).
- 2019: Revenue of $825K, expenses of $663K, and assets of $13.3M (revenue -29.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $843K, and assets of $12.0M (revenue +57.1% year-over-year).
- 2014: Revenue of $743K, expenses of $599K, and assets of $11.7M (revenue -81.2% year-over-year).
- 2013: Revenue of $3.9M, expenses of $3.7M, and assets of $11.6M (revenue +631.5% year-over-year).
- 2012: Revenue of $539K, expenses of $602K, and assets of $11.3M (revenue +139.2% year-over-year).
- 2011: Revenue of $225K, expenses of $477K, and assets of $11.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward H Benenson Foundation Inc:
Data Sources and Methodology
This transparency report for Edward H Benenson 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.