Mrs Giles Whiting Foundation
Mrs Giles Whiting Foundation maintains robust assets and zero officer compensation, focusing on grant-making.
EIN: 136154484 · New York, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.5M |
| Total Expenses | $4.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $70 |
| Net Assets | $72.8M |
| Transparency Score | 90/100 |
Is Mrs Giles Whiting Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mrs Giles Whiting Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mrs Giles Whiting Foundation
Mrs Giles Whiting Foundation (EIN: 136154484) is a nonprofit organization based in New York, NY, classified under NTEE code B82. The organization reported total revenue of $16.5M and total assets of $75.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mrs Giles Whiting Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mrs Giles Whiting Foundation is a large nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $4.4M |
| Surplus / Deficit | $-1,242,223 |
| Total Assets | $72.8M |
| Total Liabilities | $1 |
| Net Assets | $72.8M |
| Operating Margin | -39.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 198.7 months |
Financial Health Grade: B
In 2023, Mrs Giles Whiting Foundation reported a deficit of $1.2M with expenses exceeding revenue, holds 198.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Mrs Giles Whiting Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.5% | -1.2% | +6.8% |
| 2022 | -51.8% | +24.4% | -15.4% |
| 2021 | +205.0% | +13.4% | +13.4% |
| 2020 | -36.7% | -13.7% | +6.2% |
| 2019 | +58.0% | +57.6% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
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 Mrs Giles Whiting Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Mrs Giles Whiting Foundation 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 deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership either serves without compensation or compensation is not categorized as 'officer compensation' on the 990, which is highly unusual for an organization with assets exceeding $70 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 Mrs Giles Whiting Foundation's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size may warrant further scrutiny to understand the full compensation structure.
Strengths
The following positive indicators were identified for Mrs Giles Whiting Foundation:
- Strong and stable asset base, consistently above $50 million.
- Minimal liabilities, indicating low financial risk.
- Consistent reporting of 0% officer compensation, suggesting a highly efficient or volunteer-driven executive structure.
- Clear focus as a grant-making foundation (NTEE B82), implying high program spending efficiency.
Frequently Asked Questions about Mrs Giles Whiting Foundation
Is Mrs Giles Whiting Foundation a legitimate charity?
Mrs Giles Whiting Foundation (EIN: 136154484) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $16.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Mrs Giles Whiting Foundation spend its money?
Mrs Giles Whiting Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mrs Giles Whiting Foundation tax-deductible?
Mrs Giles Whiting Foundation is registered as a tax-exempt nonprofit (EIN: 136154484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mrs Giles Whiting Foundation CEO make?
Mrs Giles Whiting Foundation's highest-compensated officer earns $70 annually. The organization reported $16.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Mrs Giles Whiting Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mrs Giles Whiting Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mrs Giles Whiting Foundation located?
Mrs Giles Whiting Foundation is headquartered in New York, New York and files with the IRS under EIN 136154484. It is classified under NTEE code B82.
How many years of IRS 990 filings does Mrs Giles Whiting Foundation have?
Mrs Giles Whiting Foundation has 11 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 $16.5M in total revenue.
How does the Mrs Giles Whiting Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or their compensation is covered by an affiliated entity, or categorized differently within the 990, which would require further investigation beyond the summary data provided.
What is the primary use of the foundation's expenses?
As a grant-making foundation (NTEE B82), the vast majority of its expenses would be directed towards grants and awards, which constitute its program service accomplishments. Administrative costs would cover operational overhead.
Is the foundation's asset growth consistent?
The foundation's assets have shown consistent growth over the long term, from $54,247,523 in 2012 to $72,828,409 in 2023, despite annual fluctuations in revenue and expenses. This indicates effective asset management.
Filing History
IRS 990 filing history for Mrs Giles Whiting Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Mrs Giles Whiting Foundation's revenue has grown by 22.8%, moving from $2.6M to $3.2M. Total assets increased by 40.9% over the same period, from $51.7M to $72.8M. Total functional expenses rose by 16.8%, from $3.8M to $4.4M. In its most recent filing year (2023), Mrs Giles Whiting Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1 in liabilities against $72.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $72.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $4.4M | $72.8M | $1 | — | View 990 |
| 2022 | $3.7M | $4.5M | $68.2M | $1 | — | View 990 |
| 2021 | $7.6M | $3.6M | $80.6M | $1 | — | View 990 |
| 2020 | $2.5M | $3.2M | $71.1M | $1 | — | View 990 |
| 2019 | $3.9M | $3.7M | $67.0M | $0 | — | View 990 |
| 2015 | $2.5M | $2.3M | $59.3M | $0 | — | View 990 |
| 2014 | $4.5M | $3.3M | $61.4M | $0 | — | View 990 |
| 2013 | $3.7M | $3.3M | $61.7M | $0 | — | View 990 |
| 2012 | $830K | $203K | $55.1M | $0 | — | View 990 |
| 2012 | $2.4M | $3.0M | $54.2M | $0 | — | View 990 |
| 2011 | $2.6M | $3.8M | $51.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $4.4M, and assets of $72.8M (revenue -13.5% year-over-year).
- 2022: Revenue of $3.7M, expenses of $4.5M, and assets of $68.2M (revenue -51.8% year-over-year).
- 2021: Revenue of $7.6M, expenses of $3.6M, and assets of $80.6M (revenue +205.0% year-over-year).
- 2020: Revenue of $2.5M, expenses of $3.2M, and assets of $71.1M (revenue -36.7% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.7M, and assets of $67.0M (revenue +58.0% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.3M, and assets of $59.3M (revenue -44.4% year-over-year).
- 2014: Revenue of $4.5M, expenses of $3.3M, and assets of $61.4M (revenue +19.1% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.3M, and assets of $61.7M (revenue +351.7% year-over-year).
- 2012: Revenue of $830K, expenses of $203K, and assets of $55.1M (revenue -65.5% year-over-year).
- 2012: Revenue of $2.4M, expenses of $3.0M, and assets of $54.2M (revenue -6.3% year-over-year).
- 2011: Revenue of $2.6M, expenses of $3.8M, and assets of $51.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mrs Giles Whiting Foundation:
Data Sources and Methodology
This transparency report for Mrs Giles Whiting Foundation 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.