Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny
Police Benevolent Association's Health and Welfare Fund shows strong asset growth and increasing revenue with no reported officer compensation.
EIN: 136157604 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $51.2M |
| Total Expenses | $38.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $70 |
| Net Assets | $155.5M |
| Transparency Score | 75/100 |
Is Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny (EIN: 136157604) is a nonprofit organization based in New York, NY. The organization reported total revenue of $51.2M and total assets of $173.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny is a major nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70.2M |
| Total Expenses | $38.4M |
| Surplus / Deficit | +$31.7M |
| Total Assets | $158.6M |
| Total Liabilities | $3.0M |
| Net Assets | $155.5M |
| Operating Margin | 45.2% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 49.5 months |
Financial Health Grade: A
In 2023, Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny reported a surplus of $31.7M with revenue exceeding expenses, holds 49.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.9% | +22.0% | +24.7% |
| 2022 | -0.6% | +6.0% | +7.3% |
| 2021 | -3.6% | -14.4% | +14.8% |
| 2020 | -0.6% | -2.1% | +15.5% |
| 2019 | +2.8% | -5.5% | +17.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny 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 surplus of $31.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with over $70 million in revenue in 2023. This either indicates that executive compensation is not paid directly by this entity or is not disclosed, raising questions about transparency.
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 Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny's IRS 990 filings:
- Consistent 0% officer compensation reported, potentially indicating lack of transparency or compensation handled by a related entity.
- NTEE Code is unknown, which limits understanding of its specific charitable sector and comparative analysis.
Strengths
The following positive indicators were identified for Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny:
- Strong and consistent asset growth, from $46.6M in 2014 to $158.5M in 2023.
- Significant revenue growth, reaching $70.1M in 2023.
- Liabilities remain low relative to assets, indicating good financial stability.
- Consistent positive net income (Revenue > Expenses) across all reported periods.
Frequently Asked Questions about Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny
Is Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny a legitimate charity?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny (EIN: 136157604) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $51.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny spend its money?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny tax-deductible?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny is registered as a tax-exempt nonprofit (EIN: 136157604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny CEO make?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny's highest-compensated officer earns $70 annually. The organization reported $51.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny's spending goes to programs?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny located?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny is headquartered in New York, New York and files with the IRS under EIN 136157604.
How many years of IRS 990 filings does Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny have?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny 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 $51.2M in total revenue.
How does Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny manage executive compensation if 0% is reported on its 990s?
The consistent reporting of 0% officer compensation across all filings suggests that executive compensation might be paid through a related entity or is not directly reported on this specific 990, which could impact transparency ratings.
What are the specific programs funded by this organization?
The provided data does not detail the specific programs or services offered by the organization. Further investigation into their mission statement and annual reports would be necessary to understand their programmatic activities.
What is the organization's strategy for managing its significant asset growth?
With assets growing from $46.6 million in 2014 to $158.5 million in 2023, the organization demonstrates strong financial management and investment strategies, though the specifics are not detailed in the provided data.
Filing History
IRS 990 filing history for Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny's revenue has grown by 95.1%, moving from $36.0M to $70.2M. Total assets increased by 258.2% over the same period, from $44.3M to $158.6M. Total functional expenses rose by 7.3%, from $35.8M to $38.4M. In its most recent filing year (2023), Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny reported a surplus of $31.7M, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $158.6M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $155.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70.2M | $38.4M | $158.6M | $3.0M | — | View 990 |
| 2022 | $45.0M | $31.5M | $127.2M | $2.5M | — | View 990 |
| 2021 | $45.3M | $29.7M | $118.5M | $2.8M | — | View 990 |
| 2020 | $47.0M | $34.7M | $103.3M | $3.1M | — | View 990 |
| 2019 | $47.3M | $35.5M | $89.4M | $2.8M | — | View 990 |
| 2018 | $46.0M | $37.5M | $76.4M | $2.8M | — | View 990 |
| 2017 | $53.8M | $37.8M | $68.5M | $2.8M | — | View 990 |
| 2016 | $39.2M | $37.6M | $52.9M | $2.9M | — | View 990 |
| 2015 | $40.0M | $35.3M | $51.4M | $3.0M | — | View 990 |
| 2014 | $37.2M | $35.5M | $46.7M | $2.9M | — | View 990 |
| 2013 | $37.3M | $36.0M | $45.4M | $3.4M | — | View 990 |
| 2012 | $36.7M | $36.9M | $44.0M | $3.2M | — | View 990 |
| 2011 | $36.0M | $35.8M | $44.3M | $3.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70.2M, expenses of $38.4M, and assets of $158.6M (revenue +55.9% year-over-year).
- 2022: Revenue of $45.0M, expenses of $31.5M, and assets of $127.2M (revenue -0.6% year-over-year).
- 2021: Revenue of $45.3M, expenses of $29.7M, and assets of $118.5M (revenue -3.6% year-over-year).
- 2020: Revenue of $47.0M, expenses of $34.7M, and assets of $103.3M (revenue -0.6% year-over-year).
- 2019: Revenue of $47.3M, expenses of $35.5M, and assets of $89.4M (revenue +2.8% year-over-year).
- 2018: Revenue of $46.0M, expenses of $37.5M, and assets of $76.4M (revenue -14.5% year-over-year).
- 2017: Revenue of $53.8M, expenses of $37.8M, and assets of $68.5M (revenue +37.3% year-over-year).
- 2016: Revenue of $39.2M, expenses of $37.6M, and assets of $52.9M (revenue -2.0% year-over-year).
- 2015: Revenue of $40.0M, expenses of $35.3M, and assets of $51.4M (revenue +7.4% year-over-year).
- 2014: Revenue of $37.2M, expenses of $35.5M, and assets of $46.7M (revenue -0.3% year-over-year).
- 2013: Revenue of $37.3M, expenses of $36.0M, and assets of $45.4M (revenue +1.8% year-over-year).
- 2012: Revenue of $36.7M, expenses of $36.9M, and assets of $44.0M (revenue +2.0% year-over-year).
- 2011: Revenue of $36.0M, expenses of $35.8M, and assets of $44.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny:
Data Sources and Methodology
This transparency report for Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny 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.