Handicapped Childrens Association Of Southern New York Inc
Handicapped Childrens Association Of Southern New York Inc shows consistent revenue growth and no reported officer compensation on 990s.
EIN: 150516395 · Binghamton, NY · NTEE: P800 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.9M |
| Total Expenses | $20.8M |
| Program Spending | 88% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $13.8M |
| Transparency Score | 90/100 |
Is Handicapped Childrens Association Of Southern New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Handicapped Childrens Association Of Southern New York Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Handicapped Childrens Association Of Southern New York Inc
Handicapped Childrens Association Of Southern New York Inc (EIN: 150516395) is a nonprofit organization based in Binghamton, NY, classified under NTEE code P800. The organization reported total revenue of $23.9M and total assets of $19.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Handicapped Childrens Association Of Southern New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Handicapped Childrens Association Of Southern New York Inc is a large nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.4M |
| Total Expenses | $20.8M |
| Surplus / Deficit | +$615K |
| Total Assets | $16.9M |
| Total Liabilities | $3.0M |
| Net Assets | $13.8M |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 18.0% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Handicapped Childrens Association Of Southern New York Inc reported a surplus of $615K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 18.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Handicapped Childrens Association Of Southern New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.6% | -3.5% | +2.0% |
| 2022 | +8.7% | +25.8% | +5.4% |
| 2021 | +17.8% | +2.8% | +1.2% |
| 2020 | +6.1% | +2.9% | +32.6% |
| 2019 | -3.8% | +0.2% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1951 |
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 Handicapped Childrens Association Of Southern New York Inc with a Mission Score of 90 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: 88%
- fundraising: 2%
According to IRS 990 filings, Handicapped Childrens Association Of Southern New York Inc allocates its expenses as follows: admin: 10%, programs: 88%, fundraising: 2%. 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 surplus of $615K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $20 million. This could indicate that executive compensation is reported under different categories, or that the organization relies on volunteer leadership, which would be a significant financial efficiency.
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 Handicapped Childrens Association Of Southern New York Inc's IRS 990 filings:
- Unusually low reported liabilities in 2019 ($3.1M) compared to 2020 ($6.2M) with no clear explanation in the provided data, though it returned to lower levels in subsequent years.
- The consistent 0% officer compensation reported on 990s for an organization of this size warrants further investigation to understand how leadership is compensated or if it's entirely volunteer-led.
Strengths
The following positive indicators were identified for Handicapped Childrens Association Of Southern New York Inc:
- Consistent revenue growth, from $12.8M in 2014 to $21.4M in 2023, demonstrating strong support and sustainability.
- Healthy asset growth, from $8.7M in 2014 to $16.8M in 2023, indicating financial stability and capacity.
- Low liabilities relative to assets, suggesting sound financial management.
- Reported 0% officer compensation across all filings, indicating a high potential for funds to be directed towards programs.
- Expenses generally track revenue, suggesting efficient use of funds without excessive surpluses or deficits.
Frequently Asked Questions about Handicapped Childrens Association Of Southern New York Inc
Is Handicapped Childrens Association Of Southern New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Handicapped Childrens Association Of Southern New York Inc (EIN: 150516395) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Handicapped Childrens Association Of Southern New York Inc spend its money?
Handicapped Childrens Association Of Southern New York Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Handicapped Childrens Association Of Southern New York Inc tax-deductible?
Handicapped Childrens Association Of Southern New York Inc is registered as a tax-exempt nonprofit (EIN: 150516395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Handicapped Childrens Association Of Southern New York Inc CEO make?
Handicapped Childrens Association Of Southern New York Inc's highest-compensated officer earns $20 annually. The organization reported $23.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Handicapped Childrens Association Of Southern New York Inc's spending goes to programs?
Handicapped Childrens Association Of Southern New York Inc directs 88% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Handicapped Childrens Association Of Southern New York Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Handicapped Childrens Association Of Southern New York Inc is above average for NTEE category P800 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Handicapped Childrens Association Of Southern New York Inc located?
Handicapped Childrens Association Of Southern New York Inc is headquartered in Binghamton, New York and files with the IRS under EIN 150516395. It is classified under NTEE code P800.
How many years of IRS 990 filings does Handicapped Childrens Association Of Southern New York Inc have?
Handicapped Childrens Association Of Southern New York 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 $23.9M in total revenue.
Is Handicapped Childrens Association Of Southern New York Inc a good charity?
Based on the provided data, the organization appears to be a good charity. It demonstrates consistent financial growth, maintains a healthy asset-to-liability ratio, and reports 0% officer compensation, suggesting a strong focus on its mission and efficient use of funds. Its revenue grew from $12.8M in 2014 to $21.4M in 2023, indicating strong support and operational capacity.
How has the organization's financial health changed over the past decade?
The organization's financial health has significantly improved over the past decade. Revenue increased from $12,801,419 in 2014 to $21,434,204 in 2023, and assets grew from $8,787,023 to $16,891,017 in the same period, indicating robust growth and increased financial stability.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation on its IRS 990 filings. This is a highly unusual and positive indicator of resource allocation, suggesting either volunteer leadership or that executive compensation is categorized differently and not reported under 'officer compensation' on these forms.
Filing History
IRS 990 filing history for Handicapped Childrens Association Of Southern New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Handicapped Childrens Association Of Southern New York Inc's revenue has grown by 101.2%, moving from $10.7M to $21.4M. Total assets increased by 148.4% over the same period, from $6.8M to $16.9M. Total functional expenses rose by 98.8%, from $10.5M to $20.8M. In its most recent filing year (2023), Handicapped Childrens Association Of Southern New York Inc reported a surplus of $615K, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $16.9M in assets (debt-to-asset ratio: 18.0%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.4M | $20.8M | $16.9M | $3.0M | — | — |
| 2022 | $22.2M | $21.6M | $16.6M | $3.3M | — | View 990 |
| 2021 | $20.4M | $17.1M | $15.7M | $3.2M | — | View 990 |
| 2020 | $17.4M | $16.7M | $15.5M | $6.3M | — | View 990 |
| 2019 | $16.4M | $16.2M | $11.7M | $3.1M | — | View 990 |
| 2018 | $17.0M | $16.2M | $11.8M | $3.4M | — | View 990 |
| 2017 | $16.1M | $15.5M | $11.4M | $3.8M | — | — |
| 2016 | $15.9M | $15.0M | $10.9M | $4.0M | — | View 990 |
| 2015 | $14.6M | $13.8M | $10.1M | $4.1M | — | View 990 |
| 2014 | $12.8M | $12.4M | $8.8M | $3.6M | — | View 990 |
| 2013 | $11.2M | $10.6M | $7.9M | $3.1M | — | View 990 |
| 2012 | $10.4M | $10.3M | $6.9M | $2.7M | — | View 990 |
| 2011 | $10.7M | $10.5M | $6.8M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.4M, expenses of $20.8M, and assets of $16.9M (revenue -3.6% year-over-year).
- 2022: Revenue of $22.2M, expenses of $21.6M, and assets of $16.6M (revenue +8.7% year-over-year).
- 2021: Revenue of $20.4M, expenses of $17.1M, and assets of $15.7M (revenue +17.8% year-over-year).
- 2020: Revenue of $17.4M, expenses of $16.7M, and assets of $15.5M (revenue +6.1% year-over-year).
- 2019: Revenue of $16.4M, expenses of $16.2M, and assets of $11.7M (revenue -3.8% year-over-year).
- 2018: Revenue of $17.0M, expenses of $16.2M, and assets of $11.8M (revenue +5.3% year-over-year).
- 2017: Revenue of $16.1M, expenses of $15.5M, and assets of $11.4M (revenue +1.3% year-over-year).
- 2016: Revenue of $15.9M, expenses of $15.0M, and assets of $10.9M (revenue +9.2% year-over-year).
- 2015: Revenue of $14.6M, expenses of $13.8M, and assets of $10.1M (revenue +14.0% year-over-year).
- 2014: Revenue of $12.8M, expenses of $12.4M, and assets of $8.8M (revenue +14.1% year-over-year).
- 2013: Revenue of $11.2M, expenses of $10.6M, and assets of $7.9M (revenue +8.2% year-over-year).
- 2012: Revenue of $10.4M, expenses of $10.3M, and assets of $6.9M (revenue -2.6% year-over-year).
- 2011: Revenue of $10.7M, expenses of $10.5M, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Handicapped Childrens Association Of Southern New York Inc:
Data Sources and Methodology
This transparency report for Handicapped Childrens Association Of Southern New York 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.