Neo Philanthropy Inc
Neo Philanthropy Inc shows strong financial growth and no reported officer compensation.
EIN: 133191113 · New York, NY · NTEE: W99Z · Updated: 2026-03-28
Is Neo Philanthropy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neo Philanthropy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neo Philanthropy Inc
Neo Philanthropy Inc (EIN: 133191113) is a nonprofit organization based in New York, NY, classified under NTEE code W99Z. The organization reported total revenue of $177.3M and total assets of $185.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neo Philanthropy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neo Philanthropy Inc is a major nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167.6M |
| Total Expenses | $128.3M |
| Surplus / Deficit | +$39.4M |
| Total Assets | $199.9M |
| Total Liabilities | $19.6M |
| Net Assets | $180.3M |
| Operating Margin | 23.5% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 18.7 months |
Financial Health Grade: A
In 2023, Neo Philanthropy Inc reported a surplus of $39.4M with revenue exceeding expenses, holds 18.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Neo Philanthropy Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.0% | +12.5% | +30.4% |
| 2022 | -8.5% | +8.0% | +8.4% |
| 2021 | +8.2% | -17.4% | +46.8% |
| 2020 | +24.7% | +73.3% | +9.2% |
| 2019 | +28.4% | +7.4% | +74.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Neo Philanthropy Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Neo Philanthropy Inc 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 $39.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, which is highly unusual for an organization with revenues exceeding $100 million annually and suggests that key leadership may be compensated through other means or that the organization operates with a unique compensation structure.
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 Neo Philanthropy Inc's IRS 990 filings:
- 0% Officer Compensation reported across all filings for a large organization, which may warrant further inquiry into how leadership is compensated.
Strengths
The following positive indicators were identified for Neo Philanthropy Inc:
- Consistent and substantial revenue growth over the past decade.
- Significant accumulation of assets, indicating strong financial health and stability.
- Healthy surplus generation in most recent fiscal periods.
- No reported officer compensation, suggesting a high dedication of funds to the mission or alternative compensation structures.
Frequently Asked Questions about Neo Philanthropy Inc
Is Neo Philanthropy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Neo Philanthropy Inc (EIN: 133191113) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Neo Philanthropy Inc spend its money?
Neo Philanthropy Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Neo Philanthropy Inc tax-deductible?
Neo Philanthropy Inc is registered as a tax-exempt nonprofit (EIN: 133191113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Neo Philanthropy Inc a good charity?
Based on its financial health, consistent revenue growth, significant asset accumulation, and reported 0% officer compensation, Neo Philanthropy Inc appears to be a financially sound and efficient organization. However, further investigation into how leadership is compensated, given the 0% officer compensation, would provide a more complete picture.
How has Neo Philanthropy Inc's revenue grown over time?
Neo Philanthropy Inc has experienced substantial revenue growth, increasing from $38,374,187 in 2016 to $167,648,220 in 2023, demonstrating a strong upward trend in its financial capacity.
What is the organization's asset growth trend?
The organization's assets have grown significantly, from $21,700,060 in 2016 to $199,912,880 in 2023, indicating strong financial accumulation and stability.
Filing History
IRS 990 filing history for Neo Philanthropy Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Neo Philanthropy Inc's revenue has grown by 455%, moving from $30.2M to $167.6M. Total assets increased by 1312.3% over the same period, from $14.2M to $199.9M. Total functional expenses rose by 320.4%, from $30.5M to $128.3M. In its most recent filing year (2023), Neo Philanthropy Inc reported a surplus of $39.4M, with revenue exceeding expenses. The organization holds $19.6M in liabilities against $199.9M in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $180.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167.6M | $128.3M | $199.9M | $19.6M | — | — |
| 2022 | $132.0M | $114.1M | $153.3M | $12.1M | — | View 990 |
| 2021 | $144.4M | $105.6M | $141.4M | $14.4M | — | View 990 |
| 2020 | $133.4M | $128.0M | $96.3M | $7.3M | — | — |
| 2019 | $107.0M | $73.8M | $88.2M | $7.4M | — | View 990 |
| 2018 | $83.4M | $68.7M | $50.5M | $2.3M | — | View 990 |
| 2017 | $58.1M | $45.1M | $34.8M | $1.2M | — | — |
| 2016 | $38.4M | $38.6M | $21.7M | $1.1M | — | View 990 |
| 2015 | $39.4M | $39.7M | $22.9M | $2.1M | — | View 990 |
| 2014 | $51.7M | $46.9M | $26.4M | $1.8M | — | View 990 |
| 2013 | $41.7M | $38.6M | $21.5M | $1.8M | — | View 990 |
| 2012 | $43.7M | $42.3M | $19.4M | $2.8M | — | View 990 |
| 2011 | $34.6M | $32.8M | $16.5M | $1.4M | — | View 990 |
| 2010 | $30.2M | $30.5M | $14.2M | $802K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $167.6M, expenses of $128.3M, and assets of $199.9M (revenue +27.0% year-over-year).
- 2022: Revenue of $132.0M, expenses of $114.1M, and assets of $153.3M (revenue -8.5% year-over-year).
- 2021: Revenue of $144.4M, expenses of $105.6M, and assets of $141.4M (revenue +8.2% year-over-year).
- 2020: Revenue of $133.4M, expenses of $128.0M, and assets of $96.3M (revenue +24.7% year-over-year).
- 2019: Revenue of $107.0M, expenses of $73.8M, and assets of $88.2M (revenue +28.4% year-over-year).
- 2018: Revenue of $83.4M, expenses of $68.7M, and assets of $50.5M (revenue +43.5% year-over-year).
- 2017: Revenue of $58.1M, expenses of $45.1M, and assets of $34.8M (revenue +51.3% year-over-year).
- 2016: Revenue of $38.4M, expenses of $38.6M, and assets of $21.7M (revenue -2.5% year-over-year).
- 2015: Revenue of $39.4M, expenses of $39.7M, and assets of $22.9M (revenue -23.9% year-over-year).
- 2014: Revenue of $51.7M, expenses of $46.9M, and assets of $26.4M (revenue +24.2% year-over-year).
- 2013: Revenue of $41.7M, expenses of $38.6M, and assets of $21.5M (revenue -4.7% year-over-year).
- 2012: Revenue of $43.7M, expenses of $42.3M, and assets of $19.4M (revenue +26.5% year-over-year).
- 2011: Revenue of $34.6M, expenses of $32.8M, and assets of $16.5M (revenue +14.4% year-over-year).
- 2010: Revenue of $30.2M, expenses of $30.5M, and assets of $14.2M.
Data Sources and Methodology
This transparency report for Neo Philanthropy 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.