Loeb House Inc
Loeb House Inc: Consistent Growth, Strong Program Spending
EIN: 222609761 · Pearl River, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $5.8M |
| Program Spending | 85% |
| Net Assets | $5.3M |
| Transparency Score | 85/100 |
Is Loeb House Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Loeb House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Loeb House Inc
Loeb House Inc (EIN: 222609761) is a nonprofit organization based in Pearl River, NY. The organization reported total revenue of $7.3M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loeb House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loeb House Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $5.8M |
| Surplus / Deficit | +$983K |
| Total Assets | $6.6M |
| Total Liabilities | $1.3M |
| Net Assets | $5.3M |
| Operating Margin | 14.5% |
| Debt-to-Asset Ratio | 19.9% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, Loeb House Inc reported a surplus of $983K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 19.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Loeb House Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.5% | +10.9% | +27.6% |
| 2022 | +16.9% | +12.1% | +10.4% |
| 2021 | +7.6% | +5.3% | +3.8% |
| 2020 | +0.1% | +1.7% | +0.8% |
| 2019 | +0.7% | +1.7% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Loeb House 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, Loeb House 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 $983K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from the 990 filings.
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 Loeb House Inc:
- Consistent revenue growth from $4,028,189 in 2016 to $7,318,344 in 2023, indicating strong financial health.
- High percentage of spending allocated to programs (85%), demonstrating a focus on mission delivery.
- Healthy asset growth from $3,942,117 in 2016 to $7,475,766 in 2023, suggesting good financial management.
- Low fundraising costs, indicating efficient resource acquisition.
Frequently Asked Questions about Loeb House Inc
Is Loeb House Inc a legitimate charity?
Loeb House Inc (EIN: 222609761) 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: $7.3M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Loeb House Inc spend its money?
Loeb House Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Loeb House Inc tax-deductible?
Loeb House Inc is registered as a tax-exempt nonprofit (EIN: 222609761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Loeb House Inc's spending goes to programs?
Loeb House Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Loeb House Inc located?
Loeb House Inc is headquartered in Pearl River, New York and files with the IRS under EIN 222609761.
How many years of IRS 990 filings does Loeb House Inc have?
Loeb House 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 $7.3M in total revenue.
What does Loeb House Inc do?
Loeb House Inc is a nonprofit organization in the Unknown sector, located in Pearl River, New York. It is classified under NTEE code Unknown.
How much revenue does Loeb House Inc have?
Loeb House Inc reported total revenue of $7,318,344. Based on 13 IRS 990 filings on record.
What are Loeb House Inc's total assets?
Loeb House Inc holds total assets of $7,475,766 as reported in IRS 990 filings.
Where is Loeb House Inc located?
Loeb House Inc is based in Pearl River, New York.
What is Loeb House Inc's EIN?
Loeb House Inc's Employer Identification Number (EIN) is 222609761. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Loeb House Inc?
Loeb House Inc is classified under NTEE code Unknown (Unknown).
Is Loeb House Inc a registered 501(c)(3)?
Loeb House Inc appears in IRS records (EIN: 222609761). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Loeb House Inc file IRS Form 990?
Yes, Loeb House Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Loeb House Inc's revenue in 2023?
In the 202312 filing period, Loeb House Inc reported total revenue of $6,781,135, total expenses of $5,798,176, and net assets of $6,631,071.
Is Loeb House Inc's revenue growing or declining?
Loeb House Inc's revenue is growing. Revenue went from $5,579,119 (202212) to $6,781,135 (202312), a +21.5% change. Based on 13 filings on record.
What is Loeb House Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Loeb House Inc covers tax period 202312. It shows revenue of $6,781,135, expenses of $5,798,176, total assets of $6,631,071, and liabilities of $1,318,178.
How much does Loeb House Inc spend on programs vs administration?
Based on IRS 990 analysis, Loeb House Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Loeb House Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Loeb House Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Loeb House Inc's strengths?
Positive indicators for Loeb House Inc include: Consistent revenue growth from $4,028,189 in 2016 to $7,318,344 in 2023, indicating strong financial health.. High percentage of spending allocated to programs (85%), demonstrating a focus on mission delivery.. Healthy asset growth from $3,942,117 in 2016 to $7,475,766 in 2023, suggesting good financial management.. Low fundraising costs, indicating efficient resource acquisition.. These findings are derived from AI analysis of the organization's financial filings.
How does Loeb House Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from the 990 filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Loeb House Inc managed to nearly double its revenue from $4,028,189 in 2016 to $7,318,344 in 2023 while maintaining a high program spending ratio?
The consistent growth in revenue, coupled with a stable or increasing asset base, suggests effective program expansion and donor engagement strategies. The organization has managed to scale its operations without significantly increasing administrative or fundraising overhead, indicating efficient management and a strong focus on its core mission.
Filing History
IRS 990 filing history for Loeb House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Loeb House Inc's revenue has grown by 84.9%, moving from $3.7M to $6.8M. Total assets increased by 88.1% over the same period, from $3.5M to $6.6M. Total functional expenses rose by 64.4%, from $3.5M to $5.8M. In its most recent filing year (2023), Loeb House Inc reported a surplus of $983K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $6.6M in assets (debt-to-asset ratio: 19.9%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.8M | $5.8M | $6.6M | $1.3M | — | — |
| 2022 | $5.6M | $5.2M | $5.2M | $745K | — | View 990 |
| 2021 | $4.8M | $4.7M | $4.7M | $481K | — | View 990 |
| 2020 | $4.4M | $4.4M | $4.5M | $485K | — | View 990 |
| 2019 | $4.4M | $4.4M | $4.5M | $453K | — | View 990 |
| 2018 | $4.4M | $4.3M | $4.4M | $450K | — | View 990 |
| 2017 | $4.3M | $4.0M | $4.3M | $656K | — | View 990 |
| 2016 | $4.0M | $3.8M | $3.9M | $671K | — | View 990 |
| 2015 | $3.9M | $3.8M | $3.8M | $710K | — | View 990 |
| 2014 | $3.7M | $3.6M | $3.7M | $692K | — | View 990 |
| 2013 | $3.6M | $3.5M | $3.6M | $890K | — | View 990 |
| 2012 | $3.6M | $3.6M | $3.6M | $888K | — | View 990 |
| 2011 | $3.7M | $3.5M | $3.5M | $819K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.8M, expenses of $5.8M, and assets of $6.6M (revenue +21.5% year-over-year).
- 2022: Revenue of $5.6M, expenses of $5.2M, and assets of $5.2M (revenue +16.9% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.7M, and assets of $4.7M (revenue +7.6% year-over-year).
- 2020: Revenue of $4.4M, expenses of $4.4M, and assets of $4.5M (revenue +0.1% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.4M, and assets of $4.5M (revenue +0.7% year-over-year).
- 2018: Revenue of $4.4M, expenses of $4.3M, and assets of $4.4M (revenue +1.2% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.0M, and assets of $4.3M (revenue +7.9% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.8M, and assets of $3.9M (revenue +3.1% year-over-year).
- 2015: Revenue of $3.9M, expenses of $3.8M, and assets of $3.8M (revenue +4.4% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.6M, and assets of $3.7M (revenue +5.1% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.5M, and assets of $3.6M (revenue -0.1% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.6M, and assets of $3.6M (revenue -2.8% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.5M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loeb House Inc:
Data Sources and Methodology
This transparency report for Loeb House 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.