Karen Horney Clinic Inc
Karen Horney Clinic Inc consistently grows assets with stable revenue and controlled expenses.
EIN: 135638826 · New York, NY · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.1M |
| Program Spending | 80% |
| Net Assets | $8.8M |
| Transparency Score | 85/100 |
Is Karen Horney Clinic Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Karen Horney Clinic Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Karen Horney Clinic Inc
Karen Horney Clinic Inc (EIN: 135638826) is a nonprofit organization based in New York, NY, classified under NTEE code P820. The organization reported total revenue of $2.8M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Karen Horney Clinic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Karen Horney Clinic Inc is a mid-size nonprofit that has been operating for 69 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$313K |
| Total Assets | $8.9M |
| Total Liabilities | $125K |
| Net Assets | $8.8M |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 50.4 months |
Financial Health Grade: A
In 2024, Karen Horney Clinic Inc reported a surplus of $313K with revenue exceeding expenses, holds 50.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Karen Horney Clinic Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -3.7% | +3.7% | +7.8% |
| 2023 | +2.1% | -1.7% | +7.2% |
| 2022 | -6.1% | -0.5% | +2.4% |
| 2021 | +3.0% | +0.5% | +7.4% |
| 2020 | +2.0% | +6.7% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1957 |
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 Karen Horney Clinic 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: 80%
- fundraising: 5%
According to IRS 990 filings, Karen Horney Clinic Inc 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $313K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, suggesting that either executive compensation is not paid, or it falls below the IRS reporting threshold for officers, which can be a positive sign for donor confidence regarding 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 Karen Horney Clinic Inc:
- Consistent asset growth, from $3.5M in 2015 to $9.6M currently, indicating strong financial management.
- Revenue consistently exceeds expenses, demonstrating financial sustainability (e.g., $2.4M revenue vs $2.1M expenses in 2024).
- Low and stable liabilities, indicating minimal financial risk.
- 14 years of consistent IRS 990 filings, showing strong transparency and accountability.
- No reported officer compensation in the provided data, suggesting efficient use of funds for mission.
Frequently Asked Questions about Karen Horney Clinic Inc
Is Karen Horney Clinic Inc a legitimate charity?
Karen Horney Clinic Inc (EIN: 135638826) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Karen Horney Clinic Inc spend its money?
Karen Horney Clinic Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Karen Horney Clinic Inc tax-deductible?
Karen Horney Clinic Inc is registered as a tax-exempt nonprofit (EIN: 135638826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Karen Horney Clinic Inc's spending goes to programs?
Karen Horney Clinic Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Karen Horney Clinic Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Karen Horney Clinic Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Karen Horney Clinic Inc located?
Karen Horney Clinic Inc is headquartered in New York, New York and files with the IRS under EIN 135638826. It is classified under NTEE code P820.
How many years of IRS 990 filings does Karen Horney Clinic Inc have?
Karen Horney Clinic Inc has 14 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 $2.8M in total revenue.
Is Karen Horney Clinic Inc a good charity?
Based on the financial data, Karen Horney Clinic Inc appears to be a financially sound and well-managed charity. It consistently generates more revenue than expenses, leading to asset growth, and has a strong history of IRS 990 filings.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over the past decade, with assets growing from $3.5 million in 2015 to $9.6 million currently, while liabilities remained low and stable. Revenue has been consistent, and expenses have been well-controlled.
What is the trend in the organization's revenue and expenses?
Revenue has been consistently around $2.4 million to $2.7 million annually, while expenses have consistently been lower, ranging from $1.7 million to $2.1 million. This positive margin has contributed to asset growth.
Filing History
IRS 990 filing history for Karen Horney Clinic Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Karen Horney Clinic Inc's revenue has grown by 52.5%, moving from $1.6M to $2.4M. Total assets increased by 388.4% over the same period, from $1.8M to $8.9M. Total functional expenses rose by 36.5%, from $1.6M to $2.1M. In its most recent filing year (2024), Karen Horney Clinic Inc reported a surplus of $313K, with revenue exceeding expenses. The organization holds $125K in liabilities against $8.9M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.4M | $2.1M | $8.9M | $125K | — | View 990 |
| 2023 | $2.5M | $2.0M | $8.3M | $114K | — | View 990 |
| 2022 | $2.5M | $2.1M | $7.7M | $135K | — | View 990 |
| 2021 | $2.6M | $2.1M | $7.5M | $293K | — | View 990 |
| 2020 | $2.6M | $2.1M | $7.0M | $340K | — | View 990 |
| 2019 | $2.5M | $1.9M | $6.4M | $139K | — | View 990 |
| 2018 | $2.7M | $1.8M | $5.7M | $101K | — | View 990 |
| 2017 | $2.4M | $1.8M | $4.9M | $118K | — | View 990 |
| 2016 | $2.6M | $1.8M | $4.3M | $125K | — | View 990 |
| 2015 | $2.5M | $1.9M | $3.5M | $135K | — | View 990 |
| 2014 | $2.3M | $1.7M | $2.9M | $123K | — | View 990 |
| 2013 | $1.8M | $1.4M | $2.2M | $95K | — | View 990 |
| 2012 | $1.5M | $1.5M | $1.8M | $95K | — | View 990 |
| 2011 | $1.6M | $1.6M | $1.8M | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.4M, expenses of $2.1M, and assets of $8.9M (revenue -3.7% year-over-year).
- 2023: Revenue of $2.5M, expenses of $2.0M, and assets of $8.3M (revenue +2.1% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.1M, and assets of $7.7M (revenue -6.1% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.1M, and assets of $7.5M (revenue +3.0% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.1M, and assets of $7.0M (revenue +2.0% year-over-year).
- 2019: Revenue of $2.5M, expenses of $1.9M, and assets of $6.4M (revenue -5.5% year-over-year).
- 2018: Revenue of $2.7M, expenses of $1.8M, and assets of $5.7M (revenue +10.9% year-over-year).
- 2017: Revenue of $2.4M, expenses of $1.8M, and assets of $4.9M (revenue -6.7% year-over-year).
- 2016: Revenue of $2.6M, expenses of $1.8M, and assets of $4.3M (revenue +3.8% year-over-year).
- 2015: Revenue of $2.5M, expenses of $1.9M, and assets of $3.5M (revenue +6.0% year-over-year).
- 2014: Revenue of $2.3M, expenses of $1.7M, and assets of $2.9M (revenue +29.2% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.4M, and assets of $2.2M (revenue +17.1% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $1.8M (revenue -3.4% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Karen Horney Clinic Inc:
Data Sources and Methodology
This transparency report for Karen Horney Clinic 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.