Jockey Club
Jockey Club maintains substantial assets and reports zero officer compensation amidst fluctuating annual revenues and expenses.
EIN: 130888345 · New York, NY · NTEE: N69Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.4M |
| Total Expenses | $14.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $72.5M |
| Transparency Score | 90/100 |
Is Jockey Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jockey Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jockey Club
Jockey Club (EIN: 130888345) is a nonprofit organization based in New York, NY, classified under NTEE code N69Z. The organization reported total revenue of $28.4M and total assets of $81.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jockey Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jockey Club is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.8M |
| Total Expenses | $14.4M |
| Surplus / Deficit | $-1,622,302 |
| Total Assets | $75.5M |
| Total Liabilities | $3.0M |
| Net Assets | $72.5M |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 63.0 months |
Financial Health Grade: B
In 2023, Jockey Club reported a deficit of $1.6M with expenses exceeding revenue, holds 63.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jockey Club's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.5% | -19.2% | +14.8% |
| 2022 | +6.9% | +9.8% | -15.0% |
| 2021 | -6.4% | -1.1% | +4.9% |
| 2020 | +9.4% | -4.9% | +5.4% |
| 2019 | +6.8% | +19.6% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Jockey Club with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Jockey Club 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 $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is highly unusual for an organization of this size, with annual expenses often exceeding $14 million, and suggests a strong commitment to minimizing overhead and maximizing resources for programmatic activities.
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 Jockey Club's IRS 990 filings:
- Consistent annual expenses exceeding revenues in recent years, such as in 2023 ($14.38M expenses vs. $12.76M revenue), which, if not covered by reserves or other non-operating income, could be unsustainable long-term.
Strengths
The following positive indicators were identified for Jockey Club:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Strong and growing asset base, increasing from $53.7 million in 2015 to $75.5 million in 2023, demonstrating financial stability.
- Healthy asset-to-liability ratio, with liabilities consistently being a small fraction of total assets, indicating low financial risk.
Frequently Asked Questions about Jockey Club
Is Jockey Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Jockey Club (EIN: 130888345) some concerns. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
How does Jockey Club spend its money?
Jockey Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jockey Club tax-deductible?
Jockey Club is registered as a tax-exempt nonprofit (EIN: 130888345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jockey Club CEO make?
Jockey Club's highest-compensated officer earns $14 annually. The organization reported $28.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jockey Club's spending goes to programs?
Jockey Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jockey Club compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Jockey Club is above average for NTEE category N69Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jockey Club located?
Jockey Club is headquartered in New York, New York and files with the IRS under EIN 130888345. It is classified under NTEE code N69Z.
How many years of IRS 990 filings does Jockey Club have?
Jockey Club 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 $28.4M in total revenue.
Is The Jockey Club a good charity?
Based on the available financial data, The Jockey Club appears to be a well-managed organization with a strong commitment to its mission. The consistent reporting of 0% officer compensation is a significant positive indicator of efficiency and dedication to program spending. The organization also maintains a robust asset base, suggesting long-term financial stability.
How does The Jockey Club manage its expenses relative to its revenue?
The Jockey Club's expenses have frequently exceeded its revenues in recent years, for example, $14.38 million in expenses against $12.76 million in revenue in 2023. However, given its substantial and growing asset base (from $53.7 million in 2015 to $75.5 million in 2023), this suggests the organization is either strategically drawing down on reserves or investing in its mission, rather than facing immediate financial instability.
What is the trend in The Jockey Club's assets?
The Jockey Club's assets have shown a strong upward trend over the past decade, increasing from $53.7 million in 2015 to $75.5 million in 2023. This indicates sound financial management and a healthy accumulation of resources, providing a strong foundation for its operations.
Filing History
IRS 990 filing history for Jockey Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jockey Club's revenue has grown by 10.1%, moving from $11.6M to $12.8M. Total assets increased by 69.9% over the same period, from $44.4M to $75.5M. Total functional expenses rose by 18.9%, from $12.1M to $14.4M. In its most recent filing year (2023), Jockey Club reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $75.5M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $72.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.8M | $14.4M | $75.5M | $3.0M | — | — |
| 2022 | $15.1M | $17.8M | $65.8M | $2.5M | — | View 990 |
| 2021 | $14.1M | $16.2M | $77.4M | $2.9M | — | View 990 |
| 2020 | $15.1M | $16.4M | $73.8M | $3.6M | — | View 990 |
| 2019 | $13.8M | $17.2M | $70.0M | $4.4M | — | View 990 |
| 2018 | $12.9M | $14.4M | $63.6M | $2.9M | — | View 990 |
| 2017 | $13.0M | $13.5M | $64.4M | $2.4M | — | View 990 |
| 2016 | $10.7M | $12.6M | $55.5M | $2.2M | — | View 990 |
| 2015 | $15.4M | $14.2M | $53.7M | $2.1M | — | View 990 |
| 2014 | $13.7M | $13.4M | $54.2M | $6.3M | — | View 990 |
| 2013 | $12.5M | $12.6M | $51.7M | $3.1M | — | View 990 |
| 2012 | $11.1M | $11.7M | $45.7M | $9.1M | — | View 990 |
| 2011 | $11.6M | $12.1M | $44.4M | $10.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.8M, expenses of $14.4M, and assets of $75.5M (revenue -15.5% year-over-year).
- 2022: Revenue of $15.1M, expenses of $17.8M, and assets of $65.8M (revenue +6.9% year-over-year).
- 2021: Revenue of $14.1M, expenses of $16.2M, and assets of $77.4M (revenue -6.4% year-over-year).
- 2020: Revenue of $15.1M, expenses of $16.4M, and assets of $73.8M (revenue +9.4% year-over-year).
- 2019: Revenue of $13.8M, expenses of $17.2M, and assets of $70.0M (revenue +6.8% year-over-year).
- 2018: Revenue of $12.9M, expenses of $14.4M, and assets of $63.6M (revenue -0.6% year-over-year).
- 2017: Revenue of $13.0M, expenses of $13.5M, and assets of $64.4M (revenue +21.0% year-over-year).
- 2016: Revenue of $10.7M, expenses of $12.6M, and assets of $55.5M (revenue -30.1% year-over-year).
- 2015: Revenue of $15.4M, expenses of $14.2M, and assets of $53.7M (revenue +12.5% year-over-year).
- 2014: Revenue of $13.7M, expenses of $13.4M, and assets of $54.2M (revenue +9.4% year-over-year).
- 2013: Revenue of $12.5M, expenses of $12.6M, and assets of $51.7M (revenue +13.1% year-over-year).
- 2012: Revenue of $11.1M, expenses of $11.7M, and assets of $45.7M (revenue -4.6% year-over-year).
- 2011: Revenue of $11.6M, expenses of $12.1M, and assets of $44.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jockey Club:
Data Sources and Methodology
This transparency report for Jockey Club 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.