Harvard Club Of New York City
Harvard Club Of New York City consistently generates surpluses with growing assets and no reported officer compensation on 990s.
EIN: 130827620 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48.0M |
| Total Expenses | $38.5M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $48.9M |
| Transparency Score | 65/100 |
Is Harvard Club Of New York City Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harvard Club Of New York City directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Harvard Club Of New York City
Harvard Club Of New York City (EIN: 130827620) is a nonprofit organization based in New York, NY. The organization reported total revenue of $48.0M and total assets of $54.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harvard Club Of New York City's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harvard Club Of New York City is a large nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39.4M |
| Total Expenses | $38.5M |
| Surplus / Deficit | +$881K |
| Total Assets | $59.8M |
| Total Liabilities | $10.9M |
| Net Assets | $48.9M |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 18.6 months |
Financial Health Grade: A
In 2023, Harvard Club Of New York City reported a surplus of $881K with revenue exceeding expenses, holds 18.6 months of operating reserves (strong position), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Harvard Club Of New York City's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.9% | +40.0% | +5.1% |
| 2022 | +100.5% | +86.7% | -0.8% |
| 2021 | -52.7% | -52.6% | -0.1% |
| 2020 | -20.0% | -15.7% | +3.4% |
| 2019 | +3.0% | +4.1% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Harvard Club Of New York City 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Harvard Club Of New York City allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $881K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.3%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is unusual for an organization with revenues reaching nearly $40 million. This suggests that executive compensation may be structured in a way that is not reported as 'officer compensation' on the 990, or that leadership is entirely volunteer-based, which would be highly efficient.
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 Harvard Club Of New York City's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s for a large organization, raising transparency questions about executive pay.
- Unknown NTEE code, making it difficult to assess mission alignment and typical spending benchmarks for its sector.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary, hindering a precise efficiency analysis.
Strengths
The following positive indicators were identified for Harvard Club Of New York City:
- Consistent generation of financial surpluses, indicating strong financial management and sustainability (e.g., $881,263 surplus in 2023).
- Growing asset base, increasing from $47,479,788 in 2014 to $59,794,572 in 2023, demonstrating financial growth.
- Manageable liabilities relative to assets, suggesting a healthy balance sheet (e.g., $10,943,737 liabilities against $59,794,572 assets in 2023).
- Consistent filing of IRS 990s, indicating compliance with reporting requirements.
Frequently Asked Questions about Harvard Club Of New York City
Is Harvard Club Of New York City a legitimate charity?
Harvard Club Of New York City (EIN: 130827620) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $48.0M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Harvard Club Of New York City spend its money?
Harvard Club Of New York City directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Harvard Club Of New York City tax-deductible?
Harvard Club Of New York City is registered as a tax-exempt nonprofit (EIN: 130827620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Harvard Club Of New York City CEO make?
Harvard Club Of New York City's highest-compensated officer earns $40 annually. The organization reported $48.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Harvard Club Of New York City's spending goes to programs?
Harvard Club Of New York City directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Harvard Club Of New York City located?
Harvard Club Of New York City is headquartered in New York, New York and files with the IRS under EIN 130827620.
How many years of IRS 990 filings does Harvard Club Of New York City have?
Harvard Club Of New York City 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 $48.0M in total revenue.
How is executive leadership compensated if 0% officer compensation is reported?
The consistent reporting of 0% officer compensation across all filings for an organization of this size suggests that compensation for leadership may be structured differently (e.g., through a related entity, as employee salaries not classified as 'officer', or that leadership is entirely volunteer-based). Further investigation into the organization's financial statements or governance documents would be needed to clarify this.
What are the primary program activities of the Harvard Club Of New York City?
The provided data does not specify the NTEE code or detailed program activities. While the name suggests a social or alumni association, a clear description of its charitable programs and their impact is not available from the given financial summary.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not include a detailed functional expense breakdown. This information is crucial for a precise assessment of spending efficiency and program focus.
Are there any related organizations or entities through which financial transactions occur?
The consistent 0% officer compensation could indicate that some financial activities or compensation might be handled through related entities, which would require reviewing the full 990 forms for Schedule R (Related Organizations).
Filing History
IRS 990 filing history for Harvard Club Of New York City showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harvard Club Of New York City's revenue has grown by 38.5%, moving from $28.4M to $39.4M. Total assets increased by 26.6% over the same period, from $47.2M to $59.8M. Total functional expenses rose by 32.4%, from $29.1M to $38.5M. In its most recent filing year (2023), Harvard Club Of New York City reported a surplus of $881K, with revenue exceeding expenses. The organization holds $10.9M in liabilities against $59.8M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $48.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39.4M | $38.5M | $59.8M | $10.9M | — | View 990 |
| 2022 | $29.6M | $27.5M | $56.9M | $8.9M | — | View 990 |
| 2021 | $14.8M | $14.7M | $57.4M | $11.5M | — | View 990 |
| 2020 | $31.2M | $31.1M | $57.4M | $11.6M | — | View 990 |
| 2019 | $39.1M | $36.9M | $55.5M | $10.1M | — | View 990 |
| 2018 | $37.9M | $35.5M | $54.1M | $10.9M | — | View 990 |
| 2017 | $36.1M | $34.7M | $52.9M | $12.1M | — | View 990 |
| 2016 | $35.3M | $34.9M | $53.9M | $16.5M | — | View 990 |
| 2015 | $34.5M | $33.4M | $51.6M | $12.2M | — | View 990 |
| 2014 | $33.2M | $31.8M | $47.5M | $7.7M | — | View 990 |
| 2013 | $31.5M | $31.6M | $48.0M | $11.9M | — | View 990 |
| 2012 | $30.0M | $29.7M | $45.8M | $10.8M | — | View 990 |
| 2011 | $28.4M | $29.1M | $47.2M | $10.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39.4M, expenses of $38.5M, and assets of $59.8M (revenue +32.9% year-over-year).
- 2022: Revenue of $29.6M, expenses of $27.5M, and assets of $56.9M (revenue +100.5% year-over-year).
- 2021: Revenue of $14.8M, expenses of $14.7M, and assets of $57.4M (revenue -52.7% year-over-year).
- 2020: Revenue of $31.2M, expenses of $31.1M, and assets of $57.4M (revenue -20.0% year-over-year).
- 2019: Revenue of $39.1M, expenses of $36.9M, and assets of $55.5M (revenue +3.0% year-over-year).
- 2018: Revenue of $37.9M, expenses of $35.5M, and assets of $54.1M (revenue +5.0% year-over-year).
- 2017: Revenue of $36.1M, expenses of $34.7M, and assets of $52.9M (revenue +2.4% year-over-year).
- 2016: Revenue of $35.3M, expenses of $34.9M, and assets of $53.9M (revenue +2.4% year-over-year).
- 2015: Revenue of $34.5M, expenses of $33.4M, and assets of $51.6M (revenue +3.8% year-over-year).
- 2014: Revenue of $33.2M, expenses of $31.8M, and assets of $47.5M (revenue +5.6% year-over-year).
- 2013: Revenue of $31.5M, expenses of $31.6M, and assets of $48.0M (revenue +4.9% year-over-year).
- 2012: Revenue of $30.0M, expenses of $29.7M, and assets of $45.8M (revenue +5.4% year-over-year).
- 2011: Revenue of $28.4M, expenses of $29.1M, and assets of $47.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harvard Club Of New York City:
Data Sources and Methodology
This transparency report for Harvard Club Of New York City 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.