Hunter College Foundation Inc

Hunter College Foundation shows strong revenue growth and asset accumulation with no reported officer compensation.

EIN: 133598671 · New York, NY · NTEE: B114 · Updated: 2026-03-28

$66.9MRevenue
$22.8MGross Revenue
$224.7MAssets
85/100Mission Score (Excellent)
B114
Hunter College Foundation Inc Financial Summary
MetricValue
Total Revenue$66.9M
Total Expenses$22.3M
Program Spending75%
Net Assets$206.5M
Transparency Score85/100

Is Hunter College Foundation Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

Hunter College Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hunter College Foundation Inc

Hunter College Foundation Inc (EIN: 133598671) is a nonprofit organization based in New York, NY, classified under NTEE code B114. The organization reported total revenue of $66.9M and total assets of $224.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hunter College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

35Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

Hunter College Foundation Inc is a major nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$79.2M
Total Expenses$22.3M
Surplus / Deficit+$56.8M
Total Assets$208.2M
Total Liabilities$1.7M
Net Assets$206.5M
Operating Margin71.8%
Debt-to-Asset Ratio0.8%
Months of Reserves111.9 months

Financial Health Grade: A

In 2023, Hunter College Foundation Inc reported a surplus of $56.8M with revenue exceeding expenses, holds 111.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Hunter College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+112.5%+30.8%+44.1%
2022+54.5%-3.2%-0.6%
2021+20.6%-30.6%+19.9%
2020+0.4%+8.1%-4.8%
2019-18.5%+38.4%-1.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1991

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

AI Transparency Report

The Hunter College Foundation Inc. demonstrates strong financial health, particularly in its asset growth and revenue generation. In the 202306 period, the organization reported substantial revenue of $79,160,399 against expenses of $22,320,117, indicating a significant surplus that contributes to its growing asset base, which reached $208,193,911. This trend of revenue exceeding expenses is generally positive, though the specific breakdown of program, administrative, and fundraising expenses is not provided in the summary data, making a precise assessment of spending efficiency challenging. However, the consistent growth in assets from $121,410,522 in 2014 to over $208 million in 2023 suggests effective financial management and investment strategies. The organization's transparency regarding executive compensation is notable, with 'Officer Comp=0%' reported across all provided filing periods. This indicates that the foundation's officers do not receive direct compensation from the organization, which is a strong positive for transparency and donor confidence. While the overall financial picture is robust, a more detailed breakdown of how the $22.3 million in expenses (202306) is allocated across programs, administration, and fundraising would further enhance the assessment of its spending efficiency and program focus. The consistent filing of IRS Form 990s over many years also points to a commitment to regulatory compliance and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hunter College Foundation Inc with a Mission Score of 85 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Hunter College Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$79.2MTotal Revenue
$22.3MTotal Expenses
$208.2MTotal Assets
$1.7MTotal Liabilities
$206.5MNet Assets
  • The organization reported a surplus of $56.8M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers do not receive direct salaries from the foundation, which is highly favorable for donor trust and resource allocation.

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.

Strengths

The following positive indicators were identified for Hunter College Foundation Inc:

  • Strong asset growth, reaching $208,193,911 in 2023 from $121,410,522 in 2014.
  • Significant revenue generation, with $79,160,399 in the latest filing period (202306).
  • No reported officer compensation, indicating high transparency and efficient use of funds for its mission.
  • Consistent surplus of revenue over expenses in most recent periods, contributing to financial stability.
  • Low liabilities relative to assets, with $1,655,899 in liabilities against $208,193,911 in assets in 2023.

Frequently Asked Questions about Hunter College Foundation Inc

Is Hunter College Foundation Inc a legitimate charity?

Hunter College Foundation Inc (EIN: 133598671) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $66.9M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Hunter College Foundation Inc spend its money?

Hunter College Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Hunter College Foundation Inc tax-deductible?

Hunter College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133598671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Hunter College Foundation Inc's spending goes to programs?

Hunter College Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hunter College Foundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Hunter College Foundation Inc is above average for NTEE category B114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hunter College Foundation Inc located?

Hunter College Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133598671. It is classified under NTEE code B114.

How many years of IRS 990 filings does Hunter College Foundation Inc have?

Hunter College Foundation Inc 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 $66.9M in total revenue.

Is Hunter College Foundation Inc. financially stable?

Yes, the foundation appears financially stable, with assets growing from $121,410,522 in 2014 to $208,193,911 in 2023, and consistent revenue generation, including $79,160,399 in the latest period.

How has the foundation's revenue trended over time?

Revenue has fluctuated but shown significant growth, particularly in the latest period (202306) with $79,160,399, a substantial increase from $37,248,838 in 202206 and $19,982,554 in 202006.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation across all provided filings, indicating that its officers are not directly compensated by the foundation.

Filing History

IRS 990 filing history for Hunter College Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hunter College Foundation Inc's revenue has grown by 738.3%, moving from $9.4M to $79.2M. Total assets increased by 310.3% over the same period, from $50.7M to $208.2M. Total functional expenses rose by 219.8%, from $7.0M to $22.3M. In its most recent filing year (2023), Hunter College Foundation Inc reported a surplus of $56.8M, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $208.2M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $206.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $79.2M $22.3M $208.2M $1.7M
2022 $37.2M $17.1M $144.5M $1.4M View 990
2021 $24.1M $17.6M $145.3M $2.2M View 990
2020 $20.0M $25.4M $121.2M $2.0M View 990
2019 $19.9M $23.5M $127.3M $1.5M View 990
2018 $24.4M $17.0M $129.8M $1.2M View 990
2017 $14.7M $22.0M $123.4M $689K View 990
2016 $18.5M $23.7M $126.4M $2.0M View 990
2015 $30.3M $14.0M $133.3M $1.0M View 990
2014 $48.7M $12.3M $121.4M $922K View 990
2013 $28.8M $11.5M $80.3M $680K View 990
2012 $22.7M $12.1M $60.3M $553K View 990
2011 $9.4M $7.0M $50.7M $381K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $79.2M, expenses of $22.3M, and assets of $208.2M (revenue +112.5% year-over-year).
  • 2022: Revenue of $37.2M, expenses of $17.1M, and assets of $144.5M (revenue +54.5% year-over-year).
  • 2021: Revenue of $24.1M, expenses of $17.6M, and assets of $145.3M (revenue +20.6% year-over-year).
  • 2020: Revenue of $20.0M, expenses of $25.4M, and assets of $121.2M (revenue +0.4% year-over-year).
  • 2019: Revenue of $19.9M, expenses of $23.5M, and assets of $127.3M (revenue -18.5% year-over-year).
  • 2018: Revenue of $24.4M, expenses of $17.0M, and assets of $129.8M (revenue +65.9% year-over-year).
  • 2017: Revenue of $14.7M, expenses of $22.0M, and assets of $123.4M (revenue -20.6% year-over-year).
  • 2016: Revenue of $18.5M, expenses of $23.7M, and assets of $126.4M (revenue -38.8% year-over-year).
  • 2015: Revenue of $30.3M, expenses of $14.0M, and assets of $133.3M (revenue -37.9% year-over-year).
  • 2014: Revenue of $48.7M, expenses of $12.3M, and assets of $121.4M (revenue +69.0% year-over-year).
  • 2013: Revenue of $28.8M, expenses of $11.5M, and assets of $80.3M (revenue +27.0% year-over-year).
  • 2012: Revenue of $22.7M, expenses of $12.1M, and assets of $60.3M (revenue +140.5% year-over-year).
  • 2011: Revenue of $9.4M, expenses of $7.0M, and assets of $50.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hunter College Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hunter College Foundation Inc 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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