Need In Deed
Need In Deed: Consistent Revenue, Fluctuating Expenses, and Strong Program Focus
EIN: 222801813 · Philadelphia, PA · NTEE: O51Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $619K |
| Total Expenses | $610K |
| Program Spending | 88% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Need In Deed Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Need In Deed directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Need In Deed
Need In Deed (EIN: 222801813) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code O51Z. The organization reported total revenue of $619K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Need In Deed's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Need In Deed is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $646K |
| Total Expenses | $610K |
| Surplus / Deficit | +$36K |
| Total Assets | $1.4M |
| Total Liabilities | $39K |
| Net Assets | $1.4M |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 28.3 months |
Financial Health Grade: A
In 2024, Need In Deed reported a surplus of $36K with revenue exceeding expenses, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Need In Deed's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -6.8% | -1.1% | +14.7% |
| 2023 | -3.3% | -15.3% | +6.6% |
| 2022 | +1.2% | +1.5% | -21.2% |
| 2021 | -2.6% | +8.3% | +25.9% |
| 2020 | +17.3% | -11.1% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Need In Deed 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Need In Deed allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Need In Deed's IRS 990 filings:
- Expenses exceeded revenue in 2022 by $11,903, indicating a potential deficit year.
- Total liabilities increased significantly from $23,720 in 2023 to $38,990 in 2024.
Strengths
The following positive indicators were identified for Need In Deed:
- Consistently high program spending, averaging around 88% of total expenses over the last few years.
- Strong asset base, consistently over $1 million, providing financial stability.
- Maintained a healthy revenue stream, generally above $600,000 annually.
- Low fundraising costs, indicating efficient resource allocation for program delivery.
Frequently Asked Questions about Need In Deed
Is Need In Deed a legitimate charity?
Based on AI analysis of IRS 990 filings, Need In Deed (EIN: 222801813) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Need In Deed spend its money?
Need In Deed directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Need In Deed tax-deductible?
Need In Deed is registered as a tax-exempt nonprofit (EIN: 222801813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Need In Deed's spending goes to programs?
Need In Deed directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Need In Deed compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Need In Deed is above average for NTEE category O51Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Need In Deed located?
Need In Deed is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222801813. It is classified under NTEE code O51Z.
How many years of IRS 990 filings does Need In Deed have?
Need In Deed 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 $619K in total revenue.
What does Need In Deed do?
Need In Deed is a nonprofit organization in the Youth Development sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code O51Z.
How much revenue does Need In Deed have?
Need In Deed reported total revenue of $619,289. Based on 13 IRS 990 filings on record.
What are Need In Deed's total assets?
Need In Deed holds total assets of $1,536,355 as reported in IRS 990 filings.
Where is Need In Deed located?
Need In Deed is based in Philadelphia, Pennsylvania.
What is Need In Deed's EIN?
Need In Deed's Employer Identification Number (EIN) is 222801813. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Need In Deed?
Need In Deed is classified under NTEE code O51Z (Youth Development).
Is Need In Deed a registered 501(c)(3)?
Yes, Need In Deed is recognized as a tax-exempt organization by the IRS. EIN: 222801813.
Does Need In Deed file IRS Form 990?
Yes, Need In Deed has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Need In Deed's revenue in 2024?
In the 202406 filing period, Need In Deed reported total revenue of $645,519, total expenses of $609,511, and net assets of $1,436,675.
Is Need In Deed's revenue growing or declining?
Need In Deed's revenue is declining. Revenue went from $692,388 (202306) to $645,519 (202406), a -6.8% change. Based on 13 filings on record.
What is Need In Deed's most recent 990 filing?
The most recent IRS Form 990 filing for Need In Deed covers tax period 202406. It shows revenue of $645,519, expenses of $609,511, total assets of $1,436,675, and liabilities of $38,990.
How much does Need In Deed spend on programs vs administration?
Based on IRS 990 analysis, Need In Deed allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Need In Deed a trustworthy charity?
Based on AI analysis of IRS 990 data, Need In Deed appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Need In Deed?
The following concerns were identified: Expenses exceeded revenue in 2022 by $11,903, indicating a potential deficit year.. Total liabilities increased significantly from $23,720 in 2023 to $38,990 in 2024.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Need In Deed's strengths?
Positive indicators for Need In Deed include: Consistently high program spending, averaging around 88% of total expenses over the last few years.. Strong asset base, consistently over $1 million, providing financial stability.. Maintained a healthy revenue stream, generally above $600,000 annually.. Low fundraising costs, indicating efficient resource allocation for program delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Need In Deed compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Need In Deed manage to maintain such a high percentage of program spending despite fluctuating total expenses?
Need In Deed consistently prioritizes program expenditures, even in years where total expenses fluctuate. For example, in 2024, out of $609,511 in expenses, $536,370 (88%) was allocated to programs, demonstrating a strong commitment to their core mission despite variations in overall spending.
What factors contributed to the significant increase in assets from $1,252,212 in 2023 to $1,436,675 in 2024?
The increase in assets from 2023 to 2024, totaling $184,463, suggests either successful fundraising efforts, investment gains, or a reduction in liabilities that allowed for asset growth. Without more detailed financial statements, the exact contributing factors remain unclear.
Filing History
IRS 990 filing history for Need In Deed showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Need In Deed's revenue has declined by 10.5%, moving from $721K to $646K. Total assets increased by 67.8% over the same period, from $856K to $1.4M. Total functional expenses fell by 7.3%, from $658K to $610K. In its most recent filing year (2024), Need In Deed reported a surplus of $36K, with revenue exceeding expenses. The organization holds $39K in liabilities against $1.4M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $646K | $610K | $1.4M | $39K | — | — |
| 2023 | $692K | $617K | $1.3M | $24K | — | View 990 |
| 2022 | $716K | $728K | $1.2M | $14K | — | View 990 |
| 2021 | $708K | $717K | $1.5M | $134K | — | View 990 |
| 2020 | $727K | $662K | $1.2M | $96K | — | View 990 |
| 2019 | $619K | $745K | $1.0M | $21K | — | View 990 |
| 2018 | $728K | $674K | $1.1M | $11K | — | View 990 |
| 2017 | $671K | $699K | $1.1M | $12K | — | View 990 |
| 2016 | $703K | $760K | $1.0M | $8K | — | View 990 |
| 2015 | $971K | $761K | $1.1M | $35K | — | View 990 |
| 2014 | $776K | $745K | $942K | $79K | — | View 990 |
| 2013 | $749K | $754K | $883K | $128K | — | View 990 |
| 2012 | $721K | $658K | $856K | $143K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $646K, expenses of $610K, and assets of $1.4M (revenue -6.8% year-over-year).
- 2023: Revenue of $692K, expenses of $617K, and assets of $1.3M (revenue -3.3% year-over-year).
- 2022: Revenue of $716K, expenses of $728K, and assets of $1.2M (revenue +1.2% year-over-year).
- 2021: Revenue of $708K, expenses of $717K, and assets of $1.5M (revenue -2.6% year-over-year).
- 2020: Revenue of $727K, expenses of $662K, and assets of $1.2M (revenue +17.3% year-over-year).
- 2019: Revenue of $619K, expenses of $745K, and assets of $1.0M (revenue -14.9% year-over-year).
- 2018: Revenue of $728K, expenses of $674K, and assets of $1.1M (revenue +8.5% year-over-year).
- 2017: Revenue of $671K, expenses of $699K, and assets of $1.1M (revenue -4.6% year-over-year).
- 2016: Revenue of $703K, expenses of $760K, and assets of $1.0M (revenue -27.6% year-over-year).
- 2015: Revenue of $971K, expenses of $761K, and assets of $1.1M (revenue +25.1% year-over-year).
- 2014: Revenue of $776K, expenses of $745K, and assets of $942K (revenue +3.6% year-over-year).
- 2013: Revenue of $749K, expenses of $754K, and assets of $883K (revenue +3.9% year-over-year).
- 2012: Revenue of $721K, expenses of $658K, and assets of $856K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Need In Deed:
Data Sources and Methodology
This transparency report for Need In Deed 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.