Montefiore Cemetery Corporation
Montefiore Cemetery Corporation exhibits strong financial growth and asset accumulation with no reported officer compensation.
EIN: 131057890 · St Albans, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $36.1M |
| Total Expenses | $11.6M |
| Program Spending | 85% |
| Net Assets | $178.8M |
| Transparency Score | 85/100 |
Is Montefiore Cemetery Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Montefiore Cemetery Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Montefiore Cemetery Corporation
Montefiore Cemetery Corporation (EIN: 131057890) is a nonprofit organization based in St Albans, NY. The organization reported total revenue of $36.1M and total assets of $191.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montefiore Cemetery Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montefiore Cemetery Corporation is a large nonprofit that has been operating for 90 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.5M |
| Total Expenses | $11.6M |
| Surplus / Deficit | +$9.9M |
| Total Assets | $180.3M |
| Total Liabilities | $1.4M |
| Net Assets | $178.8M |
| Operating Margin | 46.0% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 186.8 months |
Financial Health Grade: A
In 2023, Montefiore Cemetery Corporation reported a surplus of $9.9M with revenue exceeding expenses, holds 186.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Montefiore Cemetery Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | +2.2% | +5.6% |
| 2022 | +11.0% | +1.7% | +5.5% |
| 2021 | +25.2% | +8.4% | +4.4% |
| 2020 | -4.3% | -2.3% | +2.8% |
| 2019 | -2.0% | +2.6% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1936 |
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 Montefiore Cemetery Corporation 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, Montefiore Cemetery Corporation 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 $9.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either a volunteer-led executive team or that compensation is categorized differently, which is a positive indicator for resource allocation to the organization's mission given its substantial revenue and assets.
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 Montefiore Cemetery Corporation's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of its specific charitable sector.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency analysis.
Strengths
The following positive indicators were identified for Montefiore Cemetery Corporation:
- Consistent and significant revenue growth over the past decade (from $14.58M in 2014 to $21.47M in 2023).
- Substantial and growing asset base ($126.13M in 2014 to $180.27M in 2023), indicating strong financial stability.
- Healthy financial surplus each year, with revenues consistently exceeding expenses.
- Very low liabilities relative to assets ($1.43M liabilities vs. $180.27M assets in 2023).
- Zero reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about Montefiore Cemetery Corporation
Is Montefiore Cemetery Corporation a legitimate charity?
Montefiore Cemetery Corporation (EIN: 131057890) 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: $36.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Montefiore Cemetery Corporation spend its money?
Montefiore Cemetery Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Montefiore Cemetery Corporation tax-deductible?
Montefiore Cemetery Corporation is registered as a tax-exempt nonprofit (EIN: 131057890). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Montefiore Cemetery Corporation's spending goes to programs?
Montefiore Cemetery Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Montefiore Cemetery Corporation located?
Montefiore Cemetery Corporation is headquartered in St Albans, New York and files with the IRS under EIN 131057890.
How many years of IRS 990 filings does Montefiore Cemetery Corporation have?
Montefiore Cemetery Corporation 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 $36.1M in total revenue.
Is Montefiore Cemetery Corporation a good charity?
Based on the provided financial data, Montefiore Cemetery Corporation appears to be a financially sound and well-managed organization. It consistently generates significant surpluses, has growing assets, and reports no officer compensation, which are all positive indicators. However, without a detailed breakdown of program vs. administrative expenses, a definitive 'good charity' assessment is limited.
How has Montefiore Cemetery Corporation's financial health changed over the last decade?
Montefiore Cemetery Corporation's financial health has significantly improved over the last decade. Revenue has increased from $14.58 million in 2014 to $21.47 million in 2023, and total assets have grown from $126.13 million to $180.27 million in the same period, demonstrating robust growth and stability.
What is the organization's spending efficiency?
The organization consistently spends less than its revenue, with expenses typically around 50-60% of revenue (e.g., $11.58 million expenses vs. $21.47 million revenue in 2023). This indicates strong overall spending efficiency, allowing for significant asset accumulation. However, without a detailed functional expense breakdown, specific program efficiency cannot be fully determined.
Filing History
IRS 990 filing history for Montefiore Cemetery Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Montefiore Cemetery Corporation's revenue has grown by 26.7%, moving from $16.9M to $21.5M. Total functional expenses fell by 2.7%, from $11.9M to $11.6M. In its most recent filing year (2023), Montefiore Cemetery Corporation reported a surplus of $9.9M, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $180.3M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $178.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.5M | $11.6M | $180.3M | $1.4M | — | View 990 |
| 2022 | $20.4M | $11.3M | $170.6M | $1.7M | — | View 990 |
| 2021 | $18.4M | $11.1M | $161.7M | $1.8M | — | View 990 |
| 2020 | $14.7M | $10.3M | $154.9M | $2.4M | — | — |
| 2019 | $15.4M | $10.5M | $150.7M | $2.6M | — | View 990 |
| 2018 | $15.7M | $10.3M | $146.1M | $2.8M | — | View 990 |
| 2017 | $15.5M | $10.2M | $140.8M | $3.0M | — | View 990 |
| 2016 | $15.0M | $11.0M | $135.5M | $3.0M | — | View 990 |
| 2015 | $15.4M | $10.0M | $131.4M | $3.0M | — | View 990 |
| 2014 | $14.6M | $9.3M | $126.1M | $3.1M | — | View 990 |
| 2013 | $13.8M | $8.8M | $120.7M | $2.9M | — | View 990 |
| 2012 | $18.0M | $11.5M | $115.7M | $2.9M | — | View 990 |
| 2011 | $16.9M | $11.9M | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.5M, expenses of $11.6M, and assets of $180.3M (revenue +5.0% year-over-year).
- 2022: Revenue of $20.4M, expenses of $11.3M, and assets of $170.6M (revenue +11.0% year-over-year).
- 2021: Revenue of $18.4M, expenses of $11.1M, and assets of $161.7M (revenue +25.2% year-over-year).
- 2020: Revenue of $14.7M, expenses of $10.3M, and assets of $154.9M (revenue -4.3% year-over-year).
- 2019: Revenue of $15.4M, expenses of $10.5M, and assets of $150.7M (revenue -2.0% year-over-year).
- 2018: Revenue of $15.7M, expenses of $10.3M, and assets of $146.1M (revenue +1.0% year-over-year).
- 2017: Revenue of $15.5M, expenses of $10.2M, and assets of $140.8M (revenue +3.4% year-over-year).
- 2016: Revenue of $15.0M, expenses of $11.0M, and assets of $135.5M (revenue -2.4% year-over-year).
- 2015: Revenue of $15.4M, expenses of $10.0M, and assets of $131.4M (revenue +5.6% year-over-year).
- 2014: Revenue of $14.6M, expenses of $9.3M, and assets of $126.1M (revenue +5.8% year-over-year).
- 2013: Revenue of $13.8M, expenses of $8.8M, and assets of $120.7M (revenue -23.2% year-over-year).
- 2012: Revenue of $18.0M, expenses of $11.5M, and assets of $115.7M (revenue +6.0% year-over-year).
- 2011: Revenue of $16.9M, expenses of $11.9M, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montefiore Cemetery Corporation:
Data Sources and Methodology
This transparency report for Montefiore Cemetery Corporation 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.