Helene Fuld Health Trust

Helene Fuld Health Trust maintains over $100M in assets with no reported officer compensation.

EIN: 136309307 · New York, NY · Updated: 2026-03-28

$57.5MRevenue
$121.5MAssets
95/100Mission Score (Excellent)
Helene Fuld Health Trust Financial Summary
MetricValue
Total Revenue$57.5M
Total Expenses$8.8M
Program Spending90%
Net Assets$116.1M
Transparency Score95/100

Is Helene Fuld Health Trust Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Helene Fuld Health Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Helene Fuld Health Trust

Helene Fuld Health Trust (EIN: 136309307) is a nonprofit organization based in New York, NY. The organization reported total revenue of $57.5M and total assets of $121.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helene Fuld Health Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

58Years Operating
MajorSize Classification
10Years of Filings
MixedRevenue Trajectory

Helene Fuld Health Trust is a major nonprofit that has been operating for 58 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -16.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.4M
Total Expenses$8.8M
Surplus / Deficit$-7,367,596
Total Assets$116.1M
Total Liabilities$1
Net Assets$116.1M
Operating Margin-515.5%
Debt-to-Asset Ratio0.0%
Months of Reserves158.4 months

Financial Health Grade: B

In 2023, Helene Fuld Health Trust reported a deficit of $7.4M with expenses exceeding revenue, holds 158.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Helene Fuld Health Trust's revenue has declined at a compound annual growth rate (CAGR) of -16.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023-87.1%+75.0%-5.9%
2022-46.0%-48.0%+5.1%
2021+76.3%+10.0%+10.1%
2020+16.8%-41.5%+2.7%
2019+3.8%+77.7%-6.6%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1968

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Helene Fuld Health Trust demonstrates strong financial health with substantial assets, consistently exceeding $100 million over the past decade, reaching $121,484,079 in the latest reported period. The organization's spending efficiency appears robust, particularly given that officer compensation is consistently reported as 0%, indicating that the trust is likely managed by volunteers or through an affiliated entity that covers these costs. While revenue has fluctuated, with a notable high of $20,581,931 in 2021 and a low of $1,429,162 in 2023, the trust maintains a strong asset base, suggesting long-term stability and capacity to fulfill its mission. The consistent reporting of minimal liabilities further underscores its sound financial management. The trust's financial operations show a pattern of significant grant-making, as implied by the substantial expenses relative to revenue in some years (e.g., $8,796,758 in expenses against $1,429,162 in revenue in 2023), indicating it draws from its endowment to fund programs. This is a common and sustainable model for endowed trusts. The absence of reported officer compensation directly on its 990s enhances its perceived efficiency and transparency regarding administrative costs, though it would be beneficial to understand if these costs are borne by a related entity. Overall, the Helene Fuld Health Trust appears to be a well-managed and financially stable organization. Its consistent asset base, minimal liabilities, and lack of direct officer compensation on its filings suggest a strong commitment to its programmatic mission. The fluctuations in annual revenue and expenses are typical for an endowed trust that distributes grants, drawing from its principal when investment returns are lower or when making larger grant commitments.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Helene Fuld Health Trust with a Mission Score of 95 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Helene Fuld Health Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:

$1.4MTotal Revenue
$8.8MTotal Expenses
$116.1MTotal Assets
$1Total Liabilities
$116.1MNet Assets
  • The organization reported a deficit of $7.4M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through an affiliated entity, which significantly reduces direct administrative overhead for the trust itself.

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 Helene Fuld Health Trust's IRS 990 filings:

  • Significant fluctuations in annual revenue, though this is common for endowed trusts.

Strengths

The following positive indicators were identified for Helene Fuld Health Trust:

  • Consistently strong asset base, exceeding $100 million for over a decade.
  • 0% reported officer compensation, indicating highly efficient administrative spending or external support.
  • Minimal liabilities across all reported periods, demonstrating sound financial management.
  • Long-term financial stability, evidenced by consistent asset levels despite revenue fluctuations.
  • Likely high program spending ratio given the absence of direct officer compensation and minimal liabilities.

Frequently Asked Questions about Helene Fuld Health Trust

Is Helene Fuld Health Trust a legitimate charity?

Helene Fuld Health Trust (EIN: 136309307) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $57.5M. 1 red flag identified. 5 strengths noted. Financial health grade: B.

How does Helene Fuld Health Trust spend its money?

Helene Fuld Health Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Helene Fuld Health Trust tax-deductible?

Helene Fuld Health Trust is registered as a tax-exempt nonprofit (EIN: 136309307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Helene Fuld Health Trust located?

Helene Fuld Health Trust is headquartered in New York, New York and files with the IRS under EIN 136309307.

How many years of IRS 990 filings does Helene Fuld Health Trust have?

Helene Fuld Health Trust has 10 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 $57.5M in total revenue.

Is Helene Fuld Health Trust a good charity?

Based on the provided IRS 990 data, the Helene Fuld Health Trust appears to be a very good charity. It consistently maintains a strong asset base (over $100 million), reports 0% officer compensation, and has minimal liabilities, indicating excellent financial health and efficient use of resources for its mission.

How does Helene Fuld Health Trust fund its operations?

The trust primarily funds its operations and grant-making through its substantial endowment. While it generates annual revenue from investments, it also draws from its principal to cover expenses, as seen in periods like 2023 where expenses ($8,796,758) significantly exceeded revenue ($1,429,162).

What is the trend in the trust's assets?

The trust's assets have remained remarkably stable and strong over the past decade, consistently staying above $100 million, with the latest reported assets at $121,484,079. This indicates robust financial stewardship and long-term stability.

Filing History

IRS 990 filing history for Helene Fuld Health Trust showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Helene Fuld Health Trust's revenue has declined by 87.8%, moving from $11.7M to $1.4M. Total assets increased by 8% over the same period, from $107.5M to $116.1M. Total functional expenses rose by 29.1%, from $6.8M to $8.8M. In its most recent filing year (2023), Helene Fuld Health Trust reported a deficit of $7.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $116.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $116.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.4M $8.8M $116.1M $1 View 990
2022 $11.1M $5.0M $123.4M $1 View 990
2021 $20.6M $9.7M $117.4M $1 View 990
2020 $11.7M $8.8M $106.6M $1 View 990
2019 $10.0M $15.0M $103.8M $0 View 990
2015 $9.6M $8.5M $111.1M $0 View 990
2014 $10.6M $7.8M $109.9M $0 View 990
2013 $9.8M $7.1M $107.1M $0 View 990
2012 $3.2M $6.3M $104.4M $0 View 990
2011 $11.7M $6.8M $107.5M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.4M, expenses of $8.8M, and assets of $116.1M (revenue -87.1% year-over-year).
  • 2022: Revenue of $11.1M, expenses of $5.0M, and assets of $123.4M (revenue -46.0% year-over-year).
  • 2021: Revenue of $20.6M, expenses of $9.7M, and assets of $117.4M (revenue +76.3% year-over-year).
  • 2020: Revenue of $11.7M, expenses of $8.8M, and assets of $106.6M (revenue +16.8% year-over-year).
  • 2019: Revenue of $10.0M, expenses of $15.0M, and assets of $103.8M (revenue +3.8% year-over-year).
  • 2015: Revenue of $9.6M, expenses of $8.5M, and assets of $111.1M (revenue -9.4% year-over-year).
  • 2014: Revenue of $10.6M, expenses of $7.8M, and assets of $109.9M (revenue +8.8% year-over-year).
  • 2013: Revenue of $9.8M, expenses of $7.1M, and assets of $107.1M (revenue +206.4% year-over-year).
  • 2012: Revenue of $3.2M, expenses of $6.3M, and assets of $104.4M (revenue -72.7% year-over-year).
  • 2011: Revenue of $11.7M, expenses of $6.8M, and assets of $107.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Helene Fuld Health Trust:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Helene Fuld Health Trust 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.

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