Kensico Cemetery

Kensico Cemetery consistently generates substantial surpluses and grows assets, reporting no officer compensation.

EIN: 131715053 · Valhalla, NY · Updated: 2026-03-28

$125.5MRevenue

$368.8MAssets

85/100Mission Score (Excellent)

Is Kensico Cemetery 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 →

Kensico Cemetery directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kensico Cemetery

Kensico Cemetery (EIN: 131715053) is a nonprofit organization based in Valhalla, NY. The organization reported total revenue of $125.5M and total assets of $368.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kensico Cemetery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Kensico Cemetery demonstrates strong financial health, consistently reporting significant net assets and a positive revenue trend over the past decade. In 2023, the organization reported revenues of $39,162,925 against expenses of $15,135,414, resulting in a substantial surplus. Its assets have grown steadily, reaching $313,301,088 in 2023 from $129,062,404 in 2014, indicating robust financial management and asset accumulation. The organization's liabilities remain a small fraction of its assets, suggesting a low financial risk profile.

Spending efficiency appears high, with expenses consistently well below revenues, allowing for significant reinvestment and asset growth. The absence of reported officer compensation across all available filings suggests that executive leadership may be compensated through other means or that the organization operates with a volunteer leadership structure, which could be a positive indicator of efficiency, though further detail would be beneficial for full transparency. The consistent growth in assets, from $129 million in 2014 to over $313 million in 2023, highlights effective financial stewardship.

Transparency regarding executive compensation is a notable aspect, as 0% officer compensation is reported across all filings. While this could indicate a volunteer board or compensation structured differently, it warrants further investigation for a complete understanding of leadership remuneration. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure of financial activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kensico Cemetery 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Kensico Cemetery 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.

Executive Compensation Analysis

Kensico Cemetery consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with assets exceeding $300 million. This suggests either a fully volunteer executive leadership or that compensation is reported under different categories, warranting further scrutiny for complete transparency.

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 Kensico Cemetery's IRS 990 filings:

Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in compensation reporting or an unusual operational model.

Strengths

The following positive indicators were identified for Kensico Cemetery:

Strong financial health with consistent annual surpluses (e.g., $39,162,925 revenue vs. $15,135,414 expenses in 2023).
Significant and consistent asset growth, from $129,062,404 in 2014 to $313,301,088 in 2023.
Low liabilities relative to assets, indicating a strong balance sheet and low financial risk (e.g., $5,759,578 liabilities vs. $313,301,088 assets in 2023).
Consistent filing of IRS Form 990s over 13 periods, demonstrating regulatory compliance.

Frequently Asked Questions about Kensico Cemetery

Is Kensico Cemetery a legitimate charity?

Based on AI analysis of IRS 990 filings, Kensico Cemetery (EIN: 131715053) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Kensico Cemetery spend its money?

Kensico Cemetery directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Kensico Cemetery tax-deductible?

Kensico Cemetery is registered as a tax-exempt nonprofit (EIN: 131715053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Kensico Cemetery manage to report 0% officer compensation given its scale?

The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with assets over $300 million and annual revenues nearing $40 million. This could indicate a volunteer board, compensation being paid through a related entity, or being categorized differently within the expenses, which would require deeper investigation into their financial statements beyond the summary 990 data.

What is the primary source of Kensico Cemetery's significant revenue growth?

While the specific breakdown of revenue sources isn't detailed in the provided summary, the consistent and substantial growth in revenue, from $20,927,653 in 2014 to $39,162,925 in 2023, suggests strong operational performance, potentially from services, endowments, or investment income. Further analysis of their full 990s would be needed to pinpoint the exact drivers.

Is Kensico Cemetery's asset growth sustainable?

Kensico Cemetery has demonstrated remarkable asset growth, from $129 million in 2014 to over $313 million in 2023. This growth is supported by consistent annual surpluses (e.g., $39M revenue vs. $15M expenses in 2023). As long as revenues continue to outpace expenses significantly, this asset growth appears sustainable.

Filing History

IRS 990 filing history for Kensico Cemetery showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Kensico Cemetery's revenue has grown by 178.4%, moving from $14.1M to $39.2M. Total assets increased by 273.6% over the same period, from $83.9M to $313.3M. Total functional expenses rose by 53.2%, from $9.9M to $15.1M. In its most recent filing year (2023), Kensico Cemetery reported a surplus of $24.0M, with revenue exceeding expenses. The organization holds $5.8M in liabilities against $313.3M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $307.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$39.2M	$15.1M	$313.3M	$5.8M	—	—
2022	$31.0M	$14.8M	$259.5M	$5.3M	—	View 990
2021	$37.9M	$14.9M	$290.1M	$6.3M	—	View 990
2020	$23.5M	$13.3M	$236.1M	$7.0M	—	View 990
2019	$21.5M	$12.2M	$204.0M	$5.5M	—	View 990
2018	$23.6M	$11.7M	$165.3M	$4.7M	—	View 990
2017	$19.7M	$12.0M	$170.0M	$4.8M	—	View 990
2016	$21.5M	$11.8M	$143.9M	$5.2M	—	View 990
2015	$20.5M	$11.4M	$132.7M	$4.1M	—	View 990
2014	$20.9M	$10.8M	$129.1M	$3.6M	—	View 990
2013	$21.7M	$10.3M	$119.2M	$3.4M	—	View 990
2012	$17.8M	$11.1M	$97.3M	$3.8M	—	View 990
2011	$14.1M	$9.9M	$83.9M	$3.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $39.2M, expenses of $15.1M, and assets of $313.3M (revenue +26.2% year-over-year).
2022: Revenue of $31.0M, expenses of $14.8M, and assets of $259.5M (revenue -18.0% year-over-year).
2021: Revenue of $37.9M, expenses of $14.9M, and assets of $290.1M (revenue +61.4% year-over-year).
2020: Revenue of $23.5M, expenses of $13.3M, and assets of $236.1M (revenue +9.3% year-over-year).
2019: Revenue of $21.5M, expenses of $12.2M, and assets of $204.0M (revenue -9.1% year-over-year).
2018: Revenue of $23.6M, expenses of $11.7M, and assets of $165.3M (revenue +20.1% year-over-year).
2017: Revenue of $19.7M, expenses of $12.0M, and assets of $170.0M (revenue -8.4% year-over-year).
2016: Revenue of $21.5M, expenses of $11.8M, and assets of $143.9M (revenue +4.9% year-over-year).
2015: Revenue of $20.5M, expenses of $11.4M, and assets of $132.7M (revenue -2.2% year-over-year).
2014: Revenue of $20.9M, expenses of $10.8M, and assets of $129.1M (revenue -3.6% year-over-year).
2013: Revenue of $21.7M, expenses of $10.3M, and assets of $119.2M (revenue +22.0% year-over-year).
2012: Revenue of $17.8M, expenses of $11.1M, and assets of $97.3M (revenue +26.5% year-over-year).
2011: Revenue of $14.1M, expenses of $9.9M, and assets of $83.9M.

Data Sources and Methodology

This transparency report for Kensico Cemetery 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.