Episcopal School In The City Of New York
Episcopal School In The City Of New York maintains strong asset growth and consistent operational funding, with no reported officer compensation.
EIN: 131945827 · New York, NY · NTEE: B24Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47.6M |
| Total Expenses | $6.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $125,066,253 |
| Net Assets | $107.2M |
| Transparency Score | 85/100 |
Is Episcopal School In The City Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Episcopal School In The City Of New York directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Episcopal School In The City Of New York
Episcopal School In The City Of New York (EIN: 131945827) is a nonprofit organization based in New York, NY, classified under NTEE code B24Z. The organization reported total revenue of $47.6M and total assets of $125.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Episcopal School In The City Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Episcopal School In The City Of New York is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.6M |
| Total Expenses | $6.7M |
| Surplus / Deficit | $-135,665 |
| Total Assets | $112.3M |
| Total Liabilities | $5.1M |
| Net Assets | $107.2M |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 200.3 months |
Financial Health Grade: B
In 2023, Episcopal School In The City Of New York reported a deficit of $136K with expenses exceeding revenue, holds 200.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Episcopal School In The City Of New York's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | +4.8% | +10.4% |
| 2022 | -89.6% | +6.6% | -12.0% |
| 2021 | +893.8% | +5.0% | +24.0% |
| 2020 | -15.1% | +1.1% | +1.5% |
| 2019 | -20.8% | +3.2% | +8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
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 Episcopal School In The City Of New York 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: 85%
- fundraising: 5%
According to IRS 990 filings, Episcopal School In The City Of New York allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $136K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base ($125,066,253). This suggests that key leadership roles may be volunteer-based, compensated through a related entity, or that compensation is categorized differently within the 990, requiring deeper scrutiny for a full understanding of executive remuneration.
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 Episcopal School In The City Of New York's IRS 990 filings:
- Unusually low (0%) reported officer compensation, requiring further investigation for transparency.
Strengths
The following positive indicators were identified for Episcopal School In The City Of New York:
- Strong and consistent asset growth, from $63.4M in 2014 to $112.2M in 2023.
- Consistent operational revenue covering expenses in most years.
- Healthy financial reserves with assets significantly exceeding liabilities.
- Apparent focus on program spending, given the low administrative and fundraising costs.
Frequently Asked Questions about Episcopal School In The City Of New York
Is Episcopal School In The City Of New York a legitimate charity?
Episcopal School In The City Of New York (EIN: 131945827) 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: $47.6M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Episcopal School In The City Of New York spend its money?
Episcopal School In The City Of New York directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Episcopal School In The City Of New York tax-deductible?
Episcopal School In The City Of New York is registered as a tax-exempt nonprofit (EIN: 131945827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Episcopal School In The City Of New York CEO make?
Episcopal School In The City Of New York's highest-compensated officer earns $125,066,253 annually. The organization reported $47.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Episcopal School In The City Of New York's spending goes to programs?
Episcopal School In The City Of New York directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Episcopal School In The City Of New York compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Episcopal School In The City Of New York is above average for NTEE category B24Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Episcopal School In The City Of New York located?
Episcopal School In The City Of New York is headquartered in New York, New York and files with the IRS under EIN 131945827. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Episcopal School In The City Of New York have?
Episcopal School In The City Of New York 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 $47.6M in total revenue.
Is Episcopal School In The City Of New York a good charity?
Based on its financial stability, consistent asset growth, and apparent dedication to program services (implied by low administrative and fundraising costs, and 0% reported officer compensation), the organization appears to be financially well-managed. However, the lack of reported officer compensation warrants further investigation to fully understand its leadership structure and compensation practices.
What caused the significant revenue spike in 2021?
The revenue spike to $64,547,113 in 2021, compared to typical revenues of $6-7 million, suggests a major one-time event such as a large capital campaign donation, a significant endowment gift, or a substantial investment gain. Reviewing the full 990 for that year would clarify the source of this exceptional income.
How does the organization manage to report 0% officer compensation?
Reporting 0% officer compensation for an organization with over $100 million in assets is highly uncommon. This could indicate that the school's leadership is entirely volunteer, compensated by a related entity (e.g., the diocese), or that compensation is reported under different categories within the 990, such as 'salaries and wages' for non-officer employees.
Filing History
IRS 990 filing history for Episcopal School In The City Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Episcopal School In The City Of New York's revenue has declined by 6.3%, moving from $7.0M to $6.6M. Total assets increased by 155.4% over the same period, from $44.0M to $112.3M. Total functional expenses rose by 38.4%, from $4.9M to $6.7M. In its most recent filing year (2023), Episcopal School In The City Of New York reported a deficit of $136K, with expenses exceeding revenue. The organization holds $5.1M in liabilities against $112.3M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $107.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.6M | $6.7M | $112.3M | $5.1M | — | View 990 |
| 2022 | $6.7M | $6.4M | $101.7M | $4.8M | — | View 990 |
| 2021 | $64.5M | $6.0M | $115.6M | $4.3M | — | View 990 |
| 2020 | $6.5M | $5.7M | $93.2M | $4.2M | — | View 990 |
| 2019 | $7.6M | $5.7M | $91.8M | $4.3M | — | View 990 |
| 2018 | $9.7M | $5.5M | $84.4M | $4.2M | — | View 990 |
| 2017 | $7.0M | $5.6M | $77.1M | $4.3M | — | View 990 |
| 2016 | $7.5M | $5.8M | $67.2M | $4.2M | — | View 990 |
| 2015 | $7.6M | $5.6M | $67.0M | $3.9M | — | View 990 |
| 2014 | $6.8M | $5.3M | $63.4M | $4.2M | — | View 990 |
| 2013 | $6.7M | $5.0M | $53.0M | $3.8M | — | View 990 |
| 2012 | $6.8M | $5.0M | $45.9M | $3.5M | — | View 990 |
| 2011 | $7.0M | $4.9M | $44.0M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.6M, expenses of $6.7M, and assets of $112.3M (revenue -1.7% year-over-year).
- 2022: Revenue of $6.7M, expenses of $6.4M, and assets of $101.7M (revenue -89.6% year-over-year).
- 2021: Revenue of $64.5M, expenses of $6.0M, and assets of $115.6M (revenue +893.8% year-over-year).
- 2020: Revenue of $6.5M, expenses of $5.7M, and assets of $93.2M (revenue -15.1% year-over-year).
- 2019: Revenue of $7.6M, expenses of $5.7M, and assets of $91.8M (revenue -20.8% year-over-year).
- 2018: Revenue of $9.7M, expenses of $5.5M, and assets of $84.4M (revenue +37.5% year-over-year).
- 2017: Revenue of $7.0M, expenses of $5.6M, and assets of $77.1M (revenue -6.8% year-over-year).
- 2016: Revenue of $7.5M, expenses of $5.8M, and assets of $67.2M (revenue -1.4% year-over-year).
- 2015: Revenue of $7.6M, expenses of $5.6M, and assets of $67.0M (revenue +12.0% year-over-year).
- 2014: Revenue of $6.8M, expenses of $5.3M, and assets of $63.4M (revenue +1.4% year-over-year).
- 2013: Revenue of $6.7M, expenses of $5.0M, and assets of $53.0M (revenue -0.3% year-over-year).
- 2012: Revenue of $6.8M, expenses of $5.0M, and assets of $45.9M (revenue -4.0% year-over-year).
- 2011: Revenue of $7.0M, expenses of $4.9M, and assets of $44.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Episcopal School In The City Of New York:
Data Sources and Methodology
This transparency report for Episcopal School In The City Of New York 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.