Long Island Cares Inc
Long Island Cares Inc. shows strong program focus and asset growth despite recent minor operating deficits.
EIN: 112524512 · Hauppauge, NY · NTEE: P20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $43.5M |
| Total Expenses | $35.4M |
| Program Spending | 85% |
| Net Assets | $17.6M |
| Transparency Score | 90/100 |
Is Long Island Cares Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Long Island Cares Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Long Island Cares Inc
Long Island Cares Inc (EIN: 112524512) is a nonprofit organization based in Hauppauge, NY, classified under NTEE code P20Z. The organization reported total revenue of $43.5M and total assets of $22.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Island Cares Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Long Island Cares Inc is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.7M |
| Total Expenses | $35.4M |
| Surplus / Deficit | $-666,300 |
| Total Assets | $21.6M |
| Total Liabilities | $4.0M |
| Net Assets | $17.6M |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 18.5% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Long Island Cares Inc reported a deficit of $666K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 18.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Long Island Cares Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.0% | +26.0% | -5.0% |
| 2022 | -17.0% | -8.8% | +9.3% |
| 2021 | -13.1% | -2.0% | +9.8% |
| 2020 | +82.9% | +53.5% | +65.8% |
| 2019 | +22.8% | +24.5% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Long Island Cares Inc 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, Long Island Cares 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 deficit of $666K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is highly unusual and suggests either pro-bono leadership or that compensation is reported under other categories, though the former implies strong dedication to the mission.
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 Long Island Cares Inc's IRS 990 filings:
- Minor operating deficits in 2022 and 2023 (expenses exceeded revenue by $743,293 and $666,300 respectively), though covered by reserves.
Strengths
The following positive indicators were identified for Long Island Cares Inc:
- Significant growth in revenue and assets over the past five years, indicating expanding impact.
- Consistent reporting of 0% officer compensation, demonstrating strong commitment to mission-first spending.
- Strong asset base ($21.6 million in 2023) provides financial stability and resilience.
- High program spending ratio (estimated 85%) suggests efficient use of funds for direct services.
Frequently Asked Questions about Long Island Cares Inc
Is Long Island Cares Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Island Cares Inc (EIN: 112524512) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Long Island Cares Inc spend its money?
Long Island Cares Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Island Cares Inc tax-deductible?
Long Island Cares Inc is registered as a tax-exempt nonprofit (EIN: 112524512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Long Island Cares Inc's spending goes to programs?
Long Island Cares Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Long Island Cares Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Long Island Cares Inc is above average for NTEE category P20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Long Island Cares Inc located?
Long Island Cares Inc is headquartered in Hauppauge, New York and files with the IRS under EIN 112524512. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Long Island Cares Inc have?
Long Island Cares 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 $43.5M in total revenue.
Is Long Island Cares Inc. a good charity?
Based on its financial data, Long Island Cares Inc. appears to be a good charity. It consistently allocates a high percentage of its expenses to program services, has shown significant growth in revenue and assets, and reports 0% officer compensation, indicating a strong focus on its mission.
How has Long Island Cares Inc.'s financial health changed over time?
Long Island Cares Inc. has experienced substantial growth, with revenue nearly doubling from $20.7 million in 2019 to $34.7 million in 2023, and assets growing from $11.4 million to $21.6 million in the same period. While there have been minor operating deficits in the last two years, the overall trend is one of significant expansion and increased capacity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, which is a highly transparent and mission-focused approach, suggesting that executive leadership may be unpaid or compensated through other means not categorized as 'officer compensation'.
Filing History
IRS 990 filing history for Long Island Cares Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Long Island Cares Inc's revenue has grown by 193.9%, moving from $11.8M to $34.7M. Total assets increased by 211% over the same period, from $6.9M to $21.6M. Total functional expenses rose by 193.1%, from $12.1M to $35.4M. In its most recent filing year (2023), Long Island Cares Inc reported a deficit of $666K, with expenses exceeding revenue. The organization holds $4.0M in liabilities against $21.6M in assets (debt-to-asset ratio: 18.5%), resulting in net assets of $17.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34.7M | $35.4M | $21.6M | $4.0M | — | — |
| 2022 | $27.3M | $28.1M | $22.8M | $4.7M | — | — |
| 2021 | $32.9M | $30.8M | $20.8M | $1.5M | — | View 990 |
| 2020 | $37.9M | $31.4M | $18.9M | $1.9M | — | View 990 |
| 2019 | $20.7M | $20.5M | $11.4M | $1.2M | — | View 990 |
| 2018 | $16.9M | $16.4M | $10.7M | $963K | — | View 990 |
| 2017 | $14.4M | $14.6M | $10.4M | $947K | — | View 990 |
| 2016 | $15.5M | $15.3M | $10.1M | $707K | — | View 990 |
| 2015 | $15.3M | $14.6M | $9.7M | $630K | — | View 990 |
| 2014 | $14.7M | $15.8M | $9.3M | $873K | — | View 990 |
| 2013 | $17.3M | $16.9M | $10.2M | $677K | — | View 990 |
| 2012 | $15.8M | $13.0M | $9.9M | $682K | — | View 990 |
| 2011 | $11.8M | $12.1M | $6.9M | $519K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34.7M, expenses of $35.4M, and assets of $21.6M (revenue +27.0% year-over-year).
- 2022: Revenue of $27.3M, expenses of $28.1M, and assets of $22.8M (revenue -17.0% year-over-year).
- 2021: Revenue of $32.9M, expenses of $30.8M, and assets of $20.8M (revenue -13.1% year-over-year).
- 2020: Revenue of $37.9M, expenses of $31.4M, and assets of $18.9M (revenue +82.9% year-over-year).
- 2019: Revenue of $20.7M, expenses of $20.5M, and assets of $11.4M (revenue +22.8% year-over-year).
- 2018: Revenue of $16.9M, expenses of $16.4M, and assets of $10.7M (revenue +16.8% year-over-year).
- 2017: Revenue of $14.4M, expenses of $14.6M, and assets of $10.4M (revenue -6.9% year-over-year).
- 2016: Revenue of $15.5M, expenses of $15.3M, and assets of $10.1M (revenue +1.1% year-over-year).
- 2015: Revenue of $15.3M, expenses of $14.6M, and assets of $9.7M (revenue +4.7% year-over-year).
- 2014: Revenue of $14.7M, expenses of $15.8M, and assets of $9.3M (revenue -15.3% year-over-year).
- 2013: Revenue of $17.3M, expenses of $16.9M, and assets of $10.2M (revenue +9.7% year-over-year).
- 2012: Revenue of $15.8M, expenses of $13.0M, and assets of $9.9M (revenue +33.6% year-over-year).
- 2011: Revenue of $11.8M, expenses of $12.1M, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Long Island Cares Inc:
Data Sources and Methodology
This transparency report for Long Island Cares 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.