Long Island Cremation Company Inc
Long Island Cremation Company Inc. shows consistent revenue growth and zero reported officer compensation, but lacks detailed expense breakdowns.
EIN: 112536847 · West Babylon, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Program Spending | 80% |
| Net Assets | $2.3M |
| Transparency Score | 70/100 |
Is Long Island Cremation Company 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 Cremation Company Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Long Island Cremation Company Inc
Long Island Cremation Company Inc (EIN: 112536847) is a nonprofit organization based in West Babylon, NY. The organization reported total revenue of $2.6M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Island Cremation Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Long Island Cremation Company Inc is a mid-size nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$41K |
| Total Assets | $3.1M |
| Total Liabilities | $819K |
| Net Assets | $2.3M |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 26.3% |
| Months of Reserves | 16.3 months |
Financial Health Grade: A
In 2023, Long Island Cremation Company Inc reported a surplus of $41K with revenue exceeding expenses, holds 16.3 months of operating reserves (strong position), has a debt-to-asset ratio of 26.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Long Island Cremation Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | +16.8% | +33.0% |
| 2022 | +10.3% | +3.4% | +18.9% |
| 2021 | -0.3% | +11.8% | +6.9% |
| 2020 | +24.2% | +12.0% | +29.1% |
| 2019 | -0.5% | +8.7% | +16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Cremation Company Inc with a Mission Score of 70 out of 100 (Good). 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, Long Island Cremation Company 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a strong positive for transparency and 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.
Red Flags
The following concerns were identified during AI analysis of Long Island Cremation Company Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data.
- Significant increase in liabilities from $85,599 in 2022 to $818,972 in 2023 without explanation.
- NTEE code is unknown, hindering mission and sector analysis.
Strengths
The following positive indicators were identified for Long Island Cremation Company Inc:
- Consistent revenue growth over the past decade, from $1,222,795 in 2013 to $2,597,141 currently.
- Zero reported officer compensation across all available filings, indicating strong transparency in executive pay.
- Growing asset base, from $432,203 in 2013 to $3,236,635 currently, suggesting financial stability and growth.
Frequently Asked Questions about Long Island Cremation Company Inc
Is Long Island Cremation Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Island Cremation Company Inc (EIN: 112536847) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Long Island Cremation Company Inc spend its money?
Long Island Cremation Company Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Island Cremation Company Inc tax-deductible?
Long Island Cremation Company Inc is registered as a tax-exempt nonprofit (EIN: 112536847). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Long Island Cremation Company Inc's spending goes to programs?
Long Island Cremation Company Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Long Island Cremation Company Inc located?
Long Island Cremation Company Inc is headquartered in West Babylon, New York and files with the IRS under EIN 112536847.
How many years of IRS 990 filings does Long Island Cremation Company Inc have?
Long Island Cremation Company Inc has 12 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 $2.6M in total revenue.
What is the NTEE code and primary mission of Long Island Cremation Company Inc.?
The NTEE code is unknown from the provided data, making it difficult to ascertain the primary mission and categorize the organization's activities.
What caused the significant increase in liabilities from $85,599 in 2022 to $818,972 in 2023?
The provided data does not specify the nature of this substantial increase in liabilities, which could impact the organization's financial stability and warrants further investigation.
What are the detailed functional expense breakdowns (program, administrative, fundraising) for Long Island Cremation Company Inc.?
The provided IRS 990 data lacks detailed functional expense breakdowns, making it challenging to fully assess spending efficiency and program focus.
How does the organization manage its operating margins, given the tight expense-to-revenue ratio in some years?
In 2023, expenses ($2,288,231) were very close to revenue ($2,328,922), indicating a tight operating margin. Understanding the organization's strategy for managing these margins and ensuring long-term sustainability would be beneficial.
Filing History
IRS 990 filing history for Long Island Cremation Company Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Long Island Cremation Company Inc's revenue has grown by 82.1%, moving from $1.3M to $2.3M. Total assets increased by 1022.1% over the same period, from $278K to $3.1M. Total functional expenses rose by 105.3%, from $1.1M to $2.3M. In its most recent filing year (2023), Long Island Cremation Company Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $819K in liabilities against $3.1M in assets (debt-to-asset ratio: 26.3%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.3M | $3.1M | $819K | — | View 990 |
| 2022 | $2.3M | $2.0M | $2.3M | $86K | — | View 990 |
| 2021 | $2.1M | $1.9M | $2.0M | $57K | — | View 990 |
| 2020 | $2.1M | $1.7M | $1.8M | $123K | — | — |
| 2019 | $1.7M | $1.5M | $1.4M | $106K | — | View 990 |
| 2018 | $1.7M | $1.4M | $1.2M | $75K | — | View 990 |
| 2017 | $1.6M | $1.5M | $836K | $53K | — | View 990 |
| 2015 | $1.5M | $1.2M | $727K | $87K | — | View 990 |
| 2014 | $1.2M | $1.2M | $494K | $113K | — | View 990 |
| 2013 | $1.2M | $1.1M | $432K | $137K | — | View 990 |
| 2012 | $1.1M | $1.1M | $216K | $11K | — | View 990 |
| 2011 | $1.3M | $1.1M | $278K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.3M, and assets of $3.1M (revenue +1.1% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.0M, and assets of $2.3M (revenue +10.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $2.0M (revenue -0.3% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.7M, and assets of $1.8M (revenue +24.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $1.4M (revenue -0.5% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.4M, and assets of $1.2M (revenue +4.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $836K (revenue +11.9% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $727K (revenue +17.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $494K (revenue +1.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $432K (revenue +13.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $216K (revenue -15.5% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $278K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Long Island Cremation Company Inc:
Data Sources and Methodology
This transparency report for Long Island Cremation Company 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.