Investors Charitable Foundation
Investors Charitable Foundation's assets have declined by over 60% in a decade due to consistent deficit spending.
EIN: 203743857 · Summit, NJ · NTEE: T20 · Updated: 2026-03-28
Is Investors Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Investors Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Investors Charitable Foundation
Investors Charitable Foundation (EIN: 203743857) is a nonprofit organization based in Summit, NJ, classified under NTEE code T20. The organization reported total revenue of $1.2M and total assets of $13.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Investors Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Investors Charitable Foundation with a Mission Score of 45 out of 100 (Fair). 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, Investors Charitable Foundation 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for minimizing overhead in this area.
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 Investors Charitable Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in most recent years.
- Significant decline in total assets over the past decade (from $34.9M in 2014 to $12.9M in 2023).
- Revenue volatility, with large fluctuations year-to-year (e.g., $16.3M in 2022 vs. $1.1M in 2023).
Strengths
The following positive indicators were identified for Investors Charitable Foundation:
- Reports 0% officer compensation across all filings, indicating no executive salaries.
- No reported liabilities in any of the provided filings, suggesting good debt management.
- Long filing history (9 filings) indicates consistent reporting to the IRS.
Frequently Asked Questions about Investors Charitable Foundation
Is Investors Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Investors Charitable Foundation (EIN: 203743857) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Investors Charitable Foundation spend its money?
Investors Charitable Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Investors Charitable Foundation tax-deductible?
Investors Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203743857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have Investors Charitable Foundation's assets decreased from $34,926,044 in 2014 to $12,987,964 in 2023?
The primary reason for the asset decline is the consistent trend of expenses exceeding revenue in most fiscal periods, such as $2,492,425 in expenses vs. $1,164,968 in revenue in 202306, and $22,476,516 in expenses vs. $16,348,586 in revenue in 202206.
Is the current spending level sustainable for Investors Charitable Foundation?
No, the current spending level appears unsustainable given that expenses have consistently outpaced revenue in recent years, leading to a significant depletion of assets. For example, in 202306, expenses were more than double the revenue.
What is the long-term impact of 0% officer compensation?
While 0% officer compensation is positive for reducing overhead and demonstrating a commitment to direct mission spending, it could also indicate that leadership is entirely volunteer-based, which might pose challenges for sustained, professional management and strategic planning over the long term if not adequately supported.
Filing History
IRS 990 filing history for Investors Charitable Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Investors Charitable Foundation's revenue has grown by 291.5%, moving from $298K to $1.2M. Total assets decreased by 14.5% over the same period, from $15.2M to $13.0M. Total functional expenses rose by 110.1%, from $1.2M to $2.5M. In its most recent filing year (2023), Investors Charitable Foundation reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $13.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $2.5M | $13.0M | $1 | — | — |
| 2022 | $16.3M | $22.5M | $14.3M | $1 | — | View 990 |
| 2021 | $1.9M | $2.6M | $20.4M | $1 | — | View 990 |
| 2020 | $2.2M | $5.3M | $21.1M | $1 | — | — |
| 2019 | $3.7M | $5.7M | $24.2M | $0 | — | View 990 |
| 2015 | $1.1M | $3.6M | $32.4M | $0 | — | View 990 |
| 2014 | $21.3M | $2.4M | $34.9M | $0 | — | View 990 |
| 2013 | $1.7M | $942K | $16.0M | $0 | — | View 990 |
| 2012 | $298K | $1.2M | $15.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $2.5M, and assets of $13.0M (revenue -92.9% year-over-year).
- 2022: Revenue of $16.3M, expenses of $22.5M, and assets of $14.3M (revenue +741.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.6M, and assets of $20.4M (revenue -10.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $5.3M, and assets of $21.1M (revenue -41.0% year-over-year).
- 2019: Revenue of $3.7M, expenses of $5.7M, and assets of $24.2M (revenue +242.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $3.6M, and assets of $32.4M (revenue -94.9% year-over-year).
- 2014: Revenue of $21.3M, expenses of $2.4M, and assets of $34.9M (revenue +1122.5% year-over-year).
- 2013: Revenue of $1.7M, expenses of $942K, and assets of $16.0M (revenue +485.4% year-over-year).
- 2012: Revenue of $298K, expenses of $1.2M, and assets of $15.2M.
Data Sources and Methodology
This transparency report for Investors Charitable Foundation 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.