Ernst & Young Foundation
Ernst & Young Foundation consistently allocates over 80% of expenses to programs with no reported officer compensation.
EIN: 136094489 · New York, NY · NTEE: B120 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.0M |
| Total Expenses | $22.1M |
| Program Spending | 88% |
| Net Assets | $38.0M |
| Transparency Score | 92/100 |
Is Ernst & Young Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ernst & Young Foundation directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ernst & Young Foundation
Ernst & Young Foundation (EIN: 136094489) is a nonprofit organization based in New York, NY, classified under NTEE code B120. The organization reported total revenue of $25.0M and total assets of $43.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ernst & Young Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ernst & Young Foundation is a large nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.8M |
| Total Expenses | $22.1M |
| Surplus / Deficit | $-2,236,608 |
| Total Assets | $41.7M |
| Total Liabilities | $3.6M |
| Net Assets | $38.0M |
| Operating Margin | -11.3% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 22.7 months |
Financial Health Grade: B
In 2023, Ernst & Young Foundation reported a deficit of $2.2M with expenses exceeding revenue, holds 22.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ernst & Young Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.0% | +0.8% | -4.3% |
| 2022 | +1.1% | -24.5% | +8.9% |
| 2021 | +31.6% | +58.4% | -0.3% |
| 2020 | +11.4% | +1.3% | +8.5% |
| 2019 | -16.3% | -13.5% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Ernst & Young Foundation with a Mission Score of 92 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: 9%
- programs: 88%
- fundraising: 3%
According to IRS 990 filings, Ernst & Young Foundation allocates its expenses as follows: admin: 9%, programs: 88%, fundraising: 3%. With 88% 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 $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
The Ernst & Young Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its mission.
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 Ernst & Young Foundation's IRS 990 filings:
- Expenses exceeded revenue in the 202306 period ($22,074,233 vs. $19,837,625), indicating a draw on reserves for that year.
Strengths
The following positive indicators were identified for Ernst & Young Foundation:
- High program spending ratio (88% in 202306) indicates strong mission focus.
- Consistent reporting of 0% officer compensation across all filings, maximizing funds for programs.
- Healthy asset-to-liability ratio ($41,679,326 assets vs. $3,636,170 liabilities in 202306) demonstrates financial stability.
- Consistent financial reporting over 13 periods shows transparency and accountability.
Frequently Asked Questions about Ernst & Young Foundation
Is Ernst & Young Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ernst & Young Foundation (EIN: 136094489) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Ernst & Young Foundation spend its money?
Ernst & Young Foundation directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ernst & Young Foundation tax-deductible?
Ernst & Young Foundation is registered as a tax-exempt nonprofit (EIN: 136094489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ernst & Young Foundation's spending goes to programs?
Ernst & Young Foundation directs 88% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ernst & Young Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Ernst & Young Foundation is above average for NTEE category B120 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ernst & Young Foundation located?
Ernst & Young Foundation is headquartered in New York, New York and files with the IRS under EIN 136094489. It is classified under NTEE code B120.
How many years of IRS 990 filings does Ernst & Young Foundation have?
Ernst & Young Foundation 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 $25.0M in total revenue.
Is the Ernst & Young Foundation a good charity?
Based on its financial data, the Ernst & Young Foundation appears to be a good charity. It consistently allocates a high percentage of its expenses (e.g., 88% in 202306) to program services and reports no officer compensation, indicating efficient use of funds for its mission.
How does the Ernst & Young Foundation manage its finances?
The foundation manages its finances effectively, maintaining a strong asset base ($41,679,326 in 202306) relative to its liabilities ($3,636,170). While revenue can fluctuate, it generally covers expenses, and any deficits (like in 202306) are likely covered by reserves, demonstrating financial stability.
What is the organization's spending efficiency?
The organization demonstrates high spending efficiency, with 88% of its total expenses in the 202306 period dedicated to program services. This indicates a strong focus on its core mission rather than administrative or fundraising overhead.
Filing History
IRS 990 filing history for Ernst & Young Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ernst & Young Foundation's revenue has grown by 65.4%, moving from $12.0M to $19.8M. Total assets increased by 81.8% over the same period, from $22.9M to $41.7M. Total functional expenses rose by 109%, from $10.6M to $22.1M. In its most recent filing year (2023), Ernst & Young Foundation reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $3.6M in liabilities against $41.7M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $38.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.8M | $22.1M | $41.7M | $3.6M | — | — |
| 2022 | $27.9M | $21.9M | $43.5M | $3.6M | — | View 990 |
| 2021 | $27.6M | $29.0M | $40.0M | $3.0M | — | View 990 |
| 2020 | $21.0M | $18.3M | $40.1M | $2.7M | — | View 990 |
| 2019 | $18.9M | $18.1M | $36.9M | $2.9M | — | View 990 |
| 2018 | $22.5M | $20.9M | $36.0M | $2.8M | — | View 990 |
| 2017 | $19.7M | $16.5M | $34.5M | $3.2M | — | View 990 |
| 2016 | $16.7M | $17.2M | $31.5M | $3.3M | — | View 990 |
| 2015 | $15.8M | $14.1M | $31.1M | $2.4M | — | View 990 |
| 2014 | $3.8M | $13.7M | $29.8M | $2.8M | — | View 990 |
| 2013 | $30.9M | $14.3M | $40.3M | $3.2M | — | View 990 |
| 2012 | $12.6M | $12.8M | $23.8M | $3.2M | — | View 990 |
| 2011 | $12.0M | $10.6M | $22.9M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.8M, expenses of $22.1M, and assets of $41.7M (revenue -29.0% year-over-year).
- 2022: Revenue of $27.9M, expenses of $21.9M, and assets of $43.5M (revenue +1.1% year-over-year).
- 2021: Revenue of $27.6M, expenses of $29.0M, and assets of $40.0M (revenue +31.6% year-over-year).
- 2020: Revenue of $21.0M, expenses of $18.3M, and assets of $40.1M (revenue +11.4% year-over-year).
- 2019: Revenue of $18.9M, expenses of $18.1M, and assets of $36.9M (revenue -16.3% year-over-year).
- 2018: Revenue of $22.5M, expenses of $20.9M, and assets of $36.0M (revenue +14.5% year-over-year).
- 2017: Revenue of $19.7M, expenses of $16.5M, and assets of $34.5M (revenue +18.2% year-over-year).
- 2016: Revenue of $16.7M, expenses of $17.2M, and assets of $31.5M (revenue +5.3% year-over-year).
- 2015: Revenue of $15.8M, expenses of $14.1M, and assets of $31.1M (revenue +316.7% year-over-year).
- 2014: Revenue of $3.8M, expenses of $13.7M, and assets of $29.8M (revenue -87.7% year-over-year).
- 2013: Revenue of $30.9M, expenses of $14.3M, and assets of $40.3M (revenue +146.3% year-over-year).
- 2012: Revenue of $12.6M, expenses of $12.8M, and assets of $23.8M (revenue +4.7% year-over-year).
- 2011: Revenue of $12.0M, expenses of $10.6M, and assets of $22.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ernst & Young Foundation:
Data Sources and Methodology
This transparency report for Ernst & Young Foundation 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.