Heart Share Human Services Of New York
Heart Share Human Services Of New York consistently manages over $100 million in annual revenue and expenses.
EIN: 111633549 · Brooklyn, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $128.6M |
| Total Expenses | $118.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $120 |
| Net Assets | $12.7M |
| Transparency Score | 75/100 |
Is Heart Share Human Services Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heart Share Human Services Of New York directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heart Share Human Services Of New York
Heart Share Human Services Of New York (EIN: 111633549) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P200. The organization reported total revenue of $128.6M and total assets of $124.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Share Human Services Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Share Human Services Of New York is a major nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120.9M |
| Total Expenses | $118.9M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $128.5M |
| Total Liabilities | $115.8M |
| Net Assets | $12.7M |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 90.1% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Heart Share Human Services Of New York reported a surplus of $2.1M with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 90.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heart Share Human Services Of New York's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | -2.1% | -0.5% |
| 2022 | +14.4% | +19.9% | -4.3% |
| 2021 | -3.1% | -5.1% | +105.4% |
| 2020 | +4.3% | +3.8% | +17.0% |
| 2019 | +3.9% | +3.5% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Heart Share Human Services Of New York 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Heart Share Human Services Of New York 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:
- The organization reported a surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.1%.
Executive Compensation Analysis
The provided data consistently reports 'Officer Comp=0%' across all filings, which suggests executive compensation is either not reported on Part VII of the 990 or is below the individual reporting threshold, rather than indicating no compensation is paid. This lack of detailed reporting on officer compensation makes it difficult to assess its appropriateness relative to the organization's substantial size and revenue of over $120 million.
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 Heart Share Human Services Of New York's IRS 990 filings:
- Lack of detailed executive compensation reporting in summary data ('Officer Comp=0%') makes full transparency difficult to assess.
- Absence of specific program, administrative, and fundraising expense ratios in the provided data prevents a precise efficiency analysis.
Strengths
The following positive indicators were identified for Heart Share Human Services Of New York:
- Consistent revenue growth, from $89.1 million in 2014 to $120.9 million in 2023, indicates strong financial sustainability.
- Stable financial operations with revenues generally covering expenses over a decade.
- Significant asset growth, particularly between 2020 and 2021, potentially indicating strategic investments or capital improvements.
Frequently Asked Questions about Heart Share Human Services Of New York
Is Heart Share Human Services Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Share Human Services Of New York (EIN: 111633549) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Heart Share Human Services Of New York spend its money?
Heart Share Human Services Of New York directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Heart Share Human Services Of New York tax-deductible?
Heart Share Human Services Of New York is registered as a tax-exempt nonprofit (EIN: 111633549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Heart Share Human Services Of New York CEO make?
Heart Share Human Services Of New York's highest-compensated officer earns $120 annually. The organization reported $128.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Heart Share Human Services Of New York's spending goes to programs?
Heart Share Human Services Of New York directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heart Share Human Services Of New York compare to similar nonprofits?
With a transparency score of 75/100 (Good), Heart Share Human Services Of New York is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heart Share Human Services Of New York located?
Heart Share Human Services Of New York is headquartered in Brooklyn, New York and files with the IRS under EIN 111633549. It is classified under NTEE code P200.
How many years of IRS 990 filings does Heart Share Human Services Of New York have?
Heart Share Human Services Of New York 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 $128.6M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these expense categories. Further analysis of the full IRS Form 990, specifically Part IX, would be required to determine the exact percentages for programs, administration, and fundraising.
Why is 'Officer Comp=0%' reported across all filings, and how are executives compensated?
The 'Officer Comp=0%' indicates that compensation for officers is not reported in the summary data, which could mean it's below individual reporting thresholds or compensated by a related entity. A review of the full 990, particularly Schedule J, would clarify executive compensation structures and amounts.
What caused the significant increase in assets between 2020 and 2021?
Assets increased from $65,753,594 in 2020 to $135,027,359 in 2021. This substantial growth likely reflects significant capital investments, property acquisitions, or a change in accounting for certain assets. The full 990, specifically the balance sheet (Part X), would provide details on the nature of these asset changes.
Filing History
IRS 990 filing history for Heart Share Human Services Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heart Share Human Services Of New York's revenue has grown by 21.6%, moving from $99.4M to $120.9M. Total assets increased by 126.8% over the same period, from $56.7M to $128.5M. Total functional expenses rose by 21.1%, from $98.2M to $118.9M. In its most recent filing year (2023), Heart Share Human Services Of New York reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $115.8M in liabilities against $128.5M in assets (debt-to-asset ratio: 90.1%), resulting in net assets of $12.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120.9M | $118.9M | $128.5M | $115.8M | — | View 990 |
| 2022 | $118.4M | $121.4M | $129.2M | $118.6M | — | View 990 |
| 2021 | $103.6M | $101.2M | $135.0M | $121.5M | — | View 990 |
| 2020 | $106.8M | $106.7M | $65.8M | $54.5M | — | View 990 |
| 2019 | $102.4M | $102.8M | $56.2M | $45.1M | — | View 990 |
| 2018 | $98.5M | $99.3M | $51.7M | $39.3M | — | View 990 |
| 2017 | $100.1M | $99.8M | $54.0M | $40.3M | — | View 990 |
| 2016 | $96.5M | $96.1M | $60.9M | $47.4M | — | View 990 |
| 2015 | $91.9M | $88.5M | $67.3M | $54.2M | — | View 990 |
| 2014 | $89.1M | $92.0M | $55.1M | $45.4M | — | View 990 |
| 2013 | $94.7M | $94.2M | $58.7M | $46.1M | — | View 990 |
| 2012 | $93.3M | $92.3M | $60.2M | $48.5M | — | View 990 |
| 2011 | $99.4M | $98.2M | $56.7M | $45.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120.9M, expenses of $118.9M, and assets of $128.5M (revenue +2.1% year-over-year).
- 2022: Revenue of $118.4M, expenses of $121.4M, and assets of $129.2M (revenue +14.4% year-over-year).
- 2021: Revenue of $103.6M, expenses of $101.2M, and assets of $135.0M (revenue -3.1% year-over-year).
- 2020: Revenue of $106.8M, expenses of $106.7M, and assets of $65.8M (revenue +4.3% year-over-year).
- 2019: Revenue of $102.4M, expenses of $102.8M, and assets of $56.2M (revenue +3.9% year-over-year).
- 2018: Revenue of $98.5M, expenses of $99.3M, and assets of $51.7M (revenue -1.5% year-over-year).
- 2017: Revenue of $100.1M, expenses of $99.8M, and assets of $54.0M (revenue +3.7% year-over-year).
- 2016: Revenue of $96.5M, expenses of $96.1M, and assets of $60.9M (revenue +4.9% year-over-year).
- 2015: Revenue of $91.9M, expenses of $88.5M, and assets of $67.3M (revenue +3.1% year-over-year).
- 2014: Revenue of $89.1M, expenses of $92.0M, and assets of $55.1M (revenue -5.9% year-over-year).
- 2013: Revenue of $94.7M, expenses of $94.2M, and assets of $58.7M (revenue +1.5% year-over-year).
- 2012: Revenue of $93.3M, expenses of $92.3M, and assets of $60.2M (revenue -6.1% year-over-year).
- 2011: Revenue of $99.4M, expenses of $98.2M, and assets of $56.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Share Human Services Of New York:
Data Sources and Methodology
This transparency report for Heart Share Human Services Of New York 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.