Mary J Hutchins Foundation Inc
Mary J Hutchins Foundation maintains strong asset base with consistent, uncompensated leadership.
EIN: 136083578 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $41.1M |
| Transparency Score | 85/100 |
Is Mary J Hutchins Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mary J Hutchins Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mary J Hutchins Foundation Inc
Mary J Hutchins Foundation Inc (EIN: 136083578) is a nonprofit organization based in New York, NY. The organization reported total revenue of $7.0M and total assets of $42.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary J Hutchins Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary J Hutchins Foundation Inc is a mid-size nonprofit that has been operating for 91 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$323K |
| Total Assets | $41.1M |
| Total Liabilities | $1 |
| Net Assets | $41.1M |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 218.9 months |
Financial Health Grade: A
In 2023, Mary J Hutchins Foundation Inc reported a surplus of $323K with revenue exceeding expenses, holds 218.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mary J Hutchins Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.0% | -8.9% | +5.3% |
| 2022 | -34.7% | +7.8% | -17.0% |
| 2021 | +85.4% | +25.5% | +11.6% |
| 2020 | -4.8% | -10.2% | +7.5% |
| 2019 | -3.6% | +11.9% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1935 |
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 Mary J Hutchins Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Mary J Hutchins Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $323K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with assets exceeding $40 million.
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 Mary J Hutchins Foundation Inc's IRS 990 filings:
- Unknown NTEE code, limiting understanding of mission and impact.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data.
- Consistent zero officer compensation for an organization with significant assets, which is atypical and warrants further inquiry into leadership structure and compensation practices.
Strengths
The following positive indicators were identified for Mary J Hutchins Foundation Inc:
- Strong and stable asset base, consistently over $30 million and recently $41,053,609.
- Minimal liabilities, often reported as $1, indicating strong financial health and low debt.
- Consistent revenue generation, with recent annual revenues around $2-3 million.
- Expenses generally managed within or below revenue, demonstrating fiscal responsibility.
- No reported officer compensation, suggesting a highly efficient or volunteer-led executive structure.
Frequently Asked Questions about Mary J Hutchins Foundation Inc
Is Mary J Hutchins Foundation Inc a legitimate charity?
Mary J Hutchins Foundation Inc (EIN: 136083578) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.0M. 3 red flags identified. 5 strengths noted. Financial health grade: A.
How does Mary J Hutchins Foundation Inc spend its money?
Mary J Hutchins Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mary J Hutchins Foundation Inc tax-deductible?
Mary J Hutchins Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136083578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mary J Hutchins Foundation Inc CEO make?
Mary J Hutchins Foundation Inc's highest-compensated officer earns $40 annually. The organization reported $7.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Mary J Hutchins Foundation Inc located?
Mary J Hutchins Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136083578.
How many years of IRS 990 filings does Mary J Hutchins Foundation Inc have?
Mary J Hutchins Foundation Inc has 10 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 $7.0M in total revenue.
How does the Mary J Hutchins Foundation Inc. allocate its expenses between program services, administration, and fundraising?
Based on the provided data, a detailed breakdown of expenses into program, administrative, and fundraising categories is not available. However, the consistent reporting of 0% officer compensation suggests a very low administrative overhead related to executive salaries, implying a higher proportion of funds could be directed towards programs.
What is the specific mission or programmatic focus of the Mary J Hutchins Foundation Inc. given its 'Unknown' NTEE code?
The provided data does not specify the NTEE code or the specific mission of the Mary J Hutchins Foundation Inc. This limits the ability to assess the direct impact of its financial activities on its stated purpose.
Why is officer compensation consistently reported as zero for an organization with over $40 million in assets?
The consistent reporting of zero officer compensation is unusual for an organization of this size. It could indicate that leadership is entirely volunteer, compensated through a related entity, or that compensation is structured in a way that doesn't fall under 'officer compensation' on the 990 form. Further investigation into their operational structure would be needed.
Filing History
IRS 990 filing history for Mary J Hutchins Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mary J Hutchins Foundation Inc's revenue has grown by 111.4%, moving from $1.2M to $2.6M. Total assets increased by 27.4% over the same period, from $32.2M to $41.1M. Total functional expenses rose by 21.7%, from $1.8M to $2.3M. In its most recent filing year (2023), Mary J Hutchins Foundation Inc reported a surplus of $323K, with revenue exceeding expenses. The organization holds $1 in liabilities against $41.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $41.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.3M | $41.1M | $1 | — | — |
| 2022 | $2.1M | $2.5M | $39.0M | $1 | — | View 990 |
| 2021 | $3.2M | $2.3M | $47.0M | $1 | — | View 990 |
| 2020 | $1.7M | $1.8M | $42.1M | $1 | — | — |
| 2019 | $1.8M | $2.0M | $39.2M | $1 | — | — |
| 2015 | $1.9M | $1.8M | $34.1M | $0 | — | View 990 |
| 2014 | $3.1M | $1.7M | $37.1M | $0 | — | View 990 |
| 2013 | $3.5M | $1.7M | $37.0M | $0 | — | View 990 |
| 2012 | $1.6M | $1.7M | $33.6M | $0 | — | View 990 |
| 2011 | $1.2M | $1.8M | $32.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.3M, and assets of $41.1M (revenue +24.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.5M, and assets of $39.0M (revenue -34.7% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.3M, and assets of $47.0M (revenue +85.4% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $42.1M (revenue -4.8% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.0M, and assets of $39.2M (revenue -3.6% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.8M, and assets of $34.1M (revenue -40.3% year-over-year).
- 2014: Revenue of $3.1M, expenses of $1.7M, and assets of $37.1M (revenue -10.2% year-over-year).
- 2013: Revenue of $3.5M, expenses of $1.7M, and assets of $37.0M (revenue +122.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.7M, and assets of $33.6M (revenue +28.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.8M, and assets of $32.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary J Hutchins Foundation Inc:
Data Sources and Methodology
This transparency report for Mary J Hutchins Foundation 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.