Gs Humane Corp

Gs Humane Corp faces significant operating deficits despite substantial assets and zero officer compensation.

EIN: 208071520 · New York, NY · NTEE: T30 · Updated: 2026-03-28

$4.6MRevenue
$50.3MAssets
65/100Mission Score (Good)
T30
Gs Humane Corp Financial Summary
MetricValue
Total Revenue$4.6M
Total Expenses$3.3M
Program Spending80%
CEO/Top Officer Pay$50
Net Assets$49.5M
Transparency Score65/100

Is Gs Humane Corp Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Gs Humane Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Gs Humane Corp

Gs Humane Corp (EIN: 208071520) is a nonprofit organization based in New York, NY, classified under NTEE code T30. The organization reported total revenue of $4.6M and total assets of $50.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gs Humane Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Gs Humane Corp is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$455K
Total Expenses$3.3M
Surplus / Deficit$-2,866,612
Total Assets$49.5M
Total Liabilities$14K
Net Assets$49.5M
Operating Margin-629.8%
Debt-to-Asset Ratio0.0%
Months of Reserves178.9 months

Financial Health Grade: B

In 2023, Gs Humane Corp reported a deficit of $2.9M with expenses exceeding revenue, holds 178.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Gs Humane Corp's revenue has grown at a compound annual growth rate (CAGR) of 22.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-52.5%-4.3%-5.5%
2022-93.0%+33.7%-4.5%
2021+638.5%+12.2%+25.1%
2020-93.4%+134.0%-1.0%
2019+34574.7%+1881.3%+42847.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Gs Humane Corp exhibits a highly volatile financial history, with revenues fluctuating dramatically from $40,541 in 2011 to a peak of $27,768,511 in 2019, and then declining significantly to $455,132 in 2023. This inconsistency makes it challenging to assess long-term financial stability. Despite the revenue fluctuations, the organization has maintained substantial assets, reaching over $50 million in recent years, suggesting a strong asset base. However, the most recent filing (2023) shows expenses of $3,321,744 against revenues of only $455,132, indicating a significant operating deficit. This trend of expenses exceeding revenue is also evident in 2022 and 2020, raising concerns about sustainability if not supported by prior surpluses or other funding sources. The organization's spending efficiency is difficult to fully ascertain without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The substantial asset base, particularly in relation to recent revenues, could provide a buffer during periods of low income, but sustained deficits are not sustainable. The lack of detailed expense categories in the provided data limits a comprehensive assessment of how efficiently funds are being allocated to programs versus overhead. Transparency regarding executive compensation is excellent, with 0% reported. However, the absence of detailed expense breakdowns (program, admin, fundraising) in the provided summary data limits a full assessment of spending transparency and efficiency. While the organization's asset growth is notable, the recent trend of significant operating deficits warrants closer scrutiny to understand how these gaps are being covered and what strategies are in place to ensure long-term financial health and program delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gs Humane Corp with a Mission Score of 65 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Gs Humane Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$455KTotal Revenue
$3.3MTotal Expenses
$49.5MTotal Assets
$14KTotal Liabilities
$49.5MNet Assets
  • The organization reported a deficit of $2.9M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization with assets exceeding $50 million and expenses in the millions.

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 Gs Humane Corp's IRS 990 filings:

  • Significant and sustained operating deficits in recent years (e.g., $2.8 million in 2023, $2.5 million in 2022), raising concerns about financial sustainability.
  • Extreme volatility in revenue, making long-term financial planning and stability difficult to assess.
  • Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
  • Unusually high asset base relative to recent operating revenues, which could indicate significant endowments or non-operating assets that are not actively generating program income.

Strengths

The following positive indicators were identified for Gs Humane Corp:

  • Consistently reports 0% officer compensation, indicating a commitment to minimizing executive overhead.
  • Maintains a substantial asset base (over $50 million in recent years), providing a strong financial foundation.
  • Long filing history (10 filings), suggesting consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Gs Humane Corp

Is Gs Humane Corp a legitimate charity?

Gs Humane Corp (EIN: 208071520) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.6M. 4 red flags identified. 3 strengths noted. Financial health grade: B.

How does Gs Humane Corp spend its money?

Gs Humane Corp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Gs Humane Corp tax-deductible?

Gs Humane Corp is registered as a tax-exempt nonprofit (EIN: 208071520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Gs Humane Corp CEO make?

Gs Humane Corp's highest-compensated officer earns $50 annually. The organization reported $4.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Gs Humane Corp's spending goes to programs?

Gs Humane Corp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Gs Humane Corp compare to similar nonprofits?

With a transparency score of 65/100 (Good), Gs Humane Corp is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Gs Humane Corp located?

Gs Humane Corp is headquartered in New York, New York and files with the IRS under EIN 208071520. It is classified under NTEE code T30.

How many years of IRS 990 filings does Gs Humane Corp have?

Gs Humane Corp 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 $4.6M in total revenue.

How does Gs Humane Corp cover its significant operating deficits, such as the $2.8 million deficit in 2023?

The provided data does not specify the source of funding used to cover these deficits. It could be from prior year surpluses, investment income, or other non-operating revenues not detailed in the summary.

What is the specific breakdown of program, administrative, and fundraising expenses?

The provided IRS 990 summary data does not offer a detailed breakdown of these expense categories, making it difficult to fully assess spending efficiency beyond the overall expense figures.

Given the 0% officer compensation, how are the organization's leadership and management roles compensated?

The 0% officer compensation suggests that either leadership roles are entirely volunteer-based, or compensation is structured in a way that is not reported as 'officer compensation' on the 990, such as through a related management entity or as general staff salaries.

What caused the extreme fluctuations in revenue, particularly the drop from $27.7 million in 2019 to $455,132 in 2023?

The summary data does not provide reasons for these dramatic revenue shifts. This could be due to large one-time donations, grants, or changes in fundraising strategies.

Filing History

IRS 990 filing history for Gs Humane Corp showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Gs Humane Corp's revenue has grown by 1022.6%, moving from $41K to $455K. Total assets increased by 45153% over the same period, from $109K to $49.5M. Total functional expenses rose by 8862.4%, from $37K to $3.3M. In its most recent filing year (2023), Gs Humane Corp reported a deficit of $2.9M, with expenses exceeding revenue. The organization holds $14K in liabilities against $49.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $49.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $455K $3.3M $49.5M $14K
2022 $959K $3.5M $52.4M $13K View 990
2021 $13.6M $2.6M $54.9M $1 View 990
2020 $1.8M $2.3M $43.9M $1 View 990
2019 $27.8M $988K $44.3M $1
2015 $80K $50K $103K $1 View 990
2014 $65K $54K $73K $1 View 990
2013 $50K $34K $62K $1 View 990
2012 $60K $124K $46K $1 View 990
2011 $41K $37K $109K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $455K, expenses of $3.3M, and assets of $49.5M (revenue -52.5% year-over-year).
  • 2022: Revenue of $959K, expenses of $3.5M, and assets of $52.4M (revenue -93.0% year-over-year).
  • 2021: Revenue of $13.6M, expenses of $2.6M, and assets of $54.9M (revenue +638.5% year-over-year).
  • 2020: Revenue of $1.8M, expenses of $2.3M, and assets of $43.9M (revenue -93.4% year-over-year).
  • 2019: Revenue of $27.8M, expenses of $988K, and assets of $44.3M (revenue +34574.7% year-over-year).
  • 2015: Revenue of $80K, expenses of $50K, and assets of $103K (revenue +23.1% year-over-year).
  • 2014: Revenue of $65K, expenses of $54K, and assets of $73K (revenue +30.0% year-over-year).
  • 2013: Revenue of $50K, expenses of $34K, and assets of $62K (revenue -16.7% year-over-year).
  • 2012: Revenue of $60K, expenses of $124K, and assets of $46K (revenue +48.2% year-over-year).
  • 2011: Revenue of $41K, expenses of $37K, and assets of $109K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Gs Humane Corp:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Gs Humane Corp 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.

Other Nonprofits in New York

Explore more nonprofits based in New York with AI-powered transparency reports.

View all New York nonprofits →

Similar Organizations (NTEE T30)

Other nonprofits classified under NTEE code T30.

View all T30 nonprofits →

Explore Related Nonprofits

Browse by State