Hebrew Home For The Aged
Hebrew Home For The Aged shows consistent revenue generation but reported a significant deficit in its latest filing.
EIN: 131739971 · Bronx, NY · NTEE: E90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $116.1M |
| Total Expenses | $123.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $116M |
| Net Assets | $67.5M |
| Transparency Score | 75/100 |
Is Hebrew Home For The Aged Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hebrew Home For The Aged directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hebrew Home For The Aged
Hebrew Home For The Aged (EIN: 131739971) is a nonprofit organization based in Bronx, NY, classified under NTEE code E90. The organization reported total revenue of $116.1M and total assets of $178.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hebrew Home For The Aged's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hebrew Home For The Aged is a major nonprofit that has been operating for 89 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $104.9M |
| Total Expenses | $123.0M |
| Surplus / Deficit | $-18,124,283 |
| Total Assets | $173.4M |
| Total Liabilities | $106.0M |
| Net Assets | $67.5M |
| Operating Margin | -17.3% |
| Debt-to-Asset Ratio | 61.1% |
| Months of Reserves | 16.9 months |
Financial Health Grade: C
In 2023, Hebrew Home For The Aged reported a deficit of $18.1M with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 61.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hebrew Home For The Aged's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.2% | +7.0% | -10.9% |
| 2022 | +1.5% | +1.3% | +1.4% |
| 2021 | -18.6% | -6.8% | -1.5% |
| 2020 | +5.2% | -4.4% | +10.8% |
| 2019 | +17.0% | +7.6% | +19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1937 |
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 Hebrew Home For The Aged 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, Hebrew Home For The Aged 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 deficit of $18.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 61.1%.
Executive Compensation Analysis
The consistent reporting of 0% for Officer Compensation across all available filings is unusual for an organization of this size ($116M+ in annual revenue and $178M+ in assets), suggesting that executive compensation may be categorized differently or that officers are uncompensated, which warrants further scrutiny for complete 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 Hebrew Home For The Aged's IRS 990 filings:
- Significant deficit in the latest fiscal period (2023: Expenses $122,977,721 vs. Revenue $104,853,438)
- Consistent 0% reported for Officer Compensation, which may obscure actual executive pay if it's reported elsewhere.
Strengths
The following positive indicators were identified for Hebrew Home For The Aged:
- Strong asset base consistently exceeding liabilities, indicating long-term financial stability.
- Consistent generation of over $100 million in annual revenue, demonstrating significant operational capacity.
- Mission-aligned NTEE code (E90) suggesting a focus on direct program services for the aged.
Frequently Asked Questions about Hebrew Home For The Aged
Is Hebrew Home For The Aged a legitimate charity?
Based on AI analysis of IRS 990 filings, Hebrew Home For The Aged (EIN: 131739971) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Hebrew Home For The Aged spend its money?
Hebrew Home For The Aged directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hebrew Home For The Aged tax-deductible?
Hebrew Home For The Aged is registered as a tax-exempt nonprofit (EIN: 131739971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hebrew Home For The Aged CEO make?
Hebrew Home For The Aged's highest-compensated officer earns $116M annually. The organization reported $116.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hebrew Home For The Aged's spending goes to programs?
Hebrew Home For The Aged directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hebrew Home For The Aged compare to similar nonprofits?
With a transparency score of 75/100 (Good), Hebrew Home For The Aged is above average for NTEE category E90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hebrew Home For The Aged located?
Hebrew Home For The Aged is headquartered in Bronx, New York and files with the IRS under EIN 131739971. It is classified under NTEE code E90.
How many years of IRS 990 filings does Hebrew Home For The Aged have?
Hebrew Home For The Aged 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 $116.1M in total revenue.
Is Hebrew Home For The Aged financially stable?
While the organization reported a deficit in 2023 ($104,853,438 revenue vs. $122,977,721 expenses), its assets ($173,421,768) consistently exceed liabilities ($105,957,391), indicating a generally stable financial position over time despite recent fluctuations.
How does Hebrew Home For The Aged manage executive compensation?
All available IRS 990 filings consistently report 0% for Officer Compensation. This is an unusual figure for an organization of this scale and suggests that executive compensation might be reported under other expense categories or that officers are not compensated, which would require further investigation for clarity.
What is the trend in revenue and expenses for Hebrew Home For The Aged?
Revenue has generally been strong, often exceeding expenses, as seen in 2022 ($119,447,899 revenue vs. $114,951,758 expenses) and 2021 ($117,684,279 revenue vs. $113,477,487 expenses). However, the latest filing (2023) shows a significant increase in expenses relative to revenue, resulting in a deficit.
Filing History
IRS 990 filing history for Hebrew Home For The Aged showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hebrew Home For The Aged's revenue has grown by 11.8%, moving from $93.8M to $104.9M. Total assets increased by 41.1% over the same period, from $122.9M to $173.4M. Total functional expenses rose by 37.3%, from $89.6M to $123.0M. In its most recent filing year (2023), Hebrew Home For The Aged reported a deficit of $18.1M, with expenses exceeding revenue. The organization holds $106.0M in liabilities against $173.4M in assets (debt-to-asset ratio: 61.1%), resulting in net assets of $67.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $104.9M | $123.0M | $173.4M | $106.0M | — | — |
| 2022 | $119.4M | $115.0M | $194.7M | $112.0M | — | View 990 |
| 2021 | $117.7M | $113.5M | $191.9M | $117.0M | — | View 990 |
| 2020 | $144.6M | $121.8M | $194.9M | $131.4M | — | — |
| 2019 | $137.4M | $127.4M | $176.0M | $135.2M | — | View 990 |
| 2018 | $117.5M | $118.3M | $147.3M | $116.9M | — | View 990 |
| 2017 | $122.1M | $121.6M | $150.8M | $117.7M | — | View 990 |
| 2016 | $106.6M | $99.0M | $148.1M | $117.1M | — | View 990 |
| 2015 | $88.1M | $88.5M | $113.0M | $112.2M | — | View 990 |
| 2014 | $85.7M | $83.9M | $114.1M | $113.9M | — | View 990 |
| 2013 | $85.4M | $89.7M | $113.3M | $103.3M | — | View 990 |
| 2012 | $96.2M | $94.3M | $124.3M | $115.3M | — | View 990 |
| 2011 | $93.8M | $89.6M | $122.9M | $113.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104.9M, expenses of $123.0M, and assets of $173.4M (revenue -12.2% year-over-year).
- 2022: Revenue of $119.4M, expenses of $115.0M, and assets of $194.7M (revenue +1.5% year-over-year).
- 2021: Revenue of $117.7M, expenses of $113.5M, and assets of $191.9M (revenue -18.6% year-over-year).
- 2020: Revenue of $144.6M, expenses of $121.8M, and assets of $194.9M (revenue +5.2% year-over-year).
- 2019: Revenue of $137.4M, expenses of $127.4M, and assets of $176.0M (revenue +17.0% year-over-year).
- 2018: Revenue of $117.5M, expenses of $118.3M, and assets of $147.3M (revenue -3.8% year-over-year).
- 2017: Revenue of $122.1M, expenses of $121.6M, and assets of $150.8M (revenue +14.5% year-over-year).
- 2016: Revenue of $106.6M, expenses of $99.0M, and assets of $148.1M (revenue +21.1% year-over-year).
- 2015: Revenue of $88.1M, expenses of $88.5M, and assets of $113.0M (revenue +2.8% year-over-year).
- 2014: Revenue of $85.7M, expenses of $83.9M, and assets of $114.1M (revenue +0.4% year-over-year).
- 2013: Revenue of $85.4M, expenses of $89.7M, and assets of $113.3M (revenue -11.3% year-over-year).
- 2012: Revenue of $96.2M, expenses of $94.3M, and assets of $124.3M (revenue +2.6% year-over-year).
- 2011: Revenue of $93.8M, expenses of $89.6M, and assets of $122.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hebrew Home For The Aged:
Data Sources and Methodology
This transparency report for Hebrew Home For The Aged 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.