Kipp New York Inc
Kipp New York Inc. shows significant asset growth and revenue, alongside a substantial increase in liabilities.
EIN: 203971209 · New York, NY · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $59.9M |
| Total Expenses | $38.7M |
| Program Spending | 85% |
| Net Assets | $64.7M |
| Transparency Score | 85/100 |
Is Kipp New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kipp New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kipp New York Inc
Kipp New York Inc (EIN: 203971209) is a nonprofit organization based in New York, NY, classified under NTEE code B12. The organization reported total revenue of $59.9M and total assets of $384.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipp New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipp New York Inc is a major nonprofit that has been operating for 1 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64.8M |
| Total Expenses | $38.7M |
| Surplus / Deficit | +$26.1M |
| Total Assets | $399.1M |
| Total Liabilities | $334.4M |
| Net Assets | $64.7M |
| Operating Margin | 40.2% |
| Debt-to-Asset Ratio | 83.8% |
| Months of Reserves | 123.6 months |
Financial Health Grade: A
In 2023, Kipp New York Inc reported a surplus of $26.1M with revenue exceeding expenses, holds 123.6 months of operating reserves (strong position), has a debt-to-asset ratio of 83.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kipp New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +78.7% | +15.9% | -2.0% |
| 2022 | +0.4% | +30.9% | +202.3% |
| 2021 | +88.3% | +28.2% | +158.4% |
| 2020 | -21.5% | -7.2% | +11.3% |
| 2019 | +39.4% | +16.9% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
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 Kipp New York 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kipp New York Inc 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 surplus of $26.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.8%.
Executive Compensation Analysis
Kipp New York Inc. consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly favorable for donor perception.
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 Kipp New York Inc's IRS 990 filings:
- Significant and rapid increase in liabilities from $82M in 202106 to $334M in 202306 without clear public explanation in 990 summary data.
Strengths
The following positive indicators were identified for Kipp New York Inc:
- Consistent reporting of 0% officer compensation, indicating strong fiscal responsibility regarding executive pay.
- Substantial growth in assets from $52M in 202006 to $399M in 202306, demonstrating significant financial capacity.
- Strong revenue generation, with $64,823,726 in 202306, indicating robust fundraising or funding streams.
- Positive net income in most recent periods, with revenue exceeding expenses, contributing to financial stability.
Frequently Asked Questions about Kipp New York Inc
Is Kipp New York Inc a legitimate charity?
Kipp New York Inc (EIN: 203971209) 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: $59.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Kipp New York Inc spend its money?
Kipp New York Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kipp New York Inc tax-deductible?
Kipp New York Inc is registered as a tax-exempt nonprofit (EIN: 203971209). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kipp New York Inc's spending goes to programs?
Kipp New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kipp New York Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kipp New York Inc is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kipp New York Inc located?
Kipp New York Inc is headquartered in New York, New York and files with the IRS under EIN 203971209. It is classified under NTEE code B12.
How many years of IRS 990 filings does Kipp New York Inc have?
Kipp New York 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 $59.9M in total revenue.
What is the nature of the significant increase in liabilities from $82,284,312 in 202106 to $334,441,064 in 202306?
The IRS 990 filings show a dramatic increase in liabilities. Further investigation into the organization's financial statements (e.g., audited financial statements) would be necessary to understand if this is due to debt financing for expansion, capital leases, or other obligations.
How does the organization manage its substantial asset base of $399,133,308 in 202306?
With such a large asset base, understanding the composition of these assets (e.g., property, investments, cash) and the organization's investment policies would provide insight into its financial management strategies.
Given the significant revenue surplus in 202306 ($64,823,726 revenue vs. $38,746,138 expenses), how are these excess funds being utilized or planned for future use?
The substantial surplus suggests strong financial health, but understanding the allocation of these funds (e.g., reserves, future projects, debt reduction) is important for assessing strategic financial planning.
Filing History
IRS 990 filing history for Kipp New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kipp New York Inc's revenue has grown by 164.9%, moving from $24.5M to $64.8M. Total assets increased by 1783.3% over the same period, from $21.2M to $399.1M. Total functional expenses rose by 270.6%, from $10.5M to $38.7M. In its most recent filing year (2023), Kipp New York Inc reported a surplus of $26.1M, with revenue exceeding expenses. The organization holds $334.4M in liabilities against $399.1M in assets (debt-to-asset ratio: 83.8%), resulting in net assets of $64.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64.8M | $38.7M | $399.1M | $334.4M | — | — |
| 2022 | $36.3M | $33.4M | $407.2M | $351.9M | — | View 990 |
| 2021 | $36.1M | $25.5M | $134.7M | $82.3M | — | — |
| 2020 | $19.2M | $19.9M | $52.1M | $10.3M | — | — |
| 2019 | $24.4M | $21.5M | $46.9M | $4.3M | — | View 990 |
| 2018 | $17.5M | $18.4M | $42.8M | $3.0M | — | View 990 |
| 2017 | $15.7M | $16.4M | $42.0M | $1.4M | — | View 990 |
| 2016 | $18.6M | $19.3M | $48.0M | $6.8M | — | View 990 |
| 2015 | $17.3M | $15.7M | $50.2M | $8.5M | — | View 990 |
| 2014 | $17.8M | $16.1M | $53.9M | $13.8M | — | View 990 |
| 2013 | $28.2M | $10.7M | $42.1M | $3.7M | — | View 990 |
| 2012 | $13.6M | $10.5M | $22.9M | $2.0M | — | View 990 |
| 2011 | $24.5M | $10.5M | $21.2M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64.8M, expenses of $38.7M, and assets of $399.1M (revenue +78.7% year-over-year).
- 2022: Revenue of $36.3M, expenses of $33.4M, and assets of $407.2M (revenue +0.4% year-over-year).
- 2021: Revenue of $36.1M, expenses of $25.5M, and assets of $134.7M (revenue +88.3% year-over-year).
- 2020: Revenue of $19.2M, expenses of $19.9M, and assets of $52.1M (revenue -21.5% year-over-year).
- 2019: Revenue of $24.4M, expenses of $21.5M, and assets of $46.9M (revenue +39.4% year-over-year).
- 2018: Revenue of $17.5M, expenses of $18.4M, and assets of $42.8M (revenue +11.9% year-over-year).
- 2017: Revenue of $15.7M, expenses of $16.4M, and assets of $42.0M (revenue -15.7% year-over-year).
- 2016: Revenue of $18.6M, expenses of $19.3M, and assets of $48.0M (revenue +7.2% year-over-year).
- 2015: Revenue of $17.3M, expenses of $15.7M, and assets of $50.2M (revenue -2.7% year-over-year).
- 2014: Revenue of $17.8M, expenses of $16.1M, and assets of $53.9M (revenue -36.7% year-over-year).
- 2013: Revenue of $28.2M, expenses of $10.7M, and assets of $42.1M (revenue +107.2% year-over-year).
- 2012: Revenue of $13.6M, expenses of $10.5M, and assets of $22.9M (revenue -44.5% year-over-year).
- 2011: Revenue of $24.5M, expenses of $10.5M, and assets of $21.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipp New York Inc:
Data Sources and Methodology
This transparency report for Kipp New York 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.