New York Asian Womens Center Inc
New York Asian Women's Center experiences recent operating deficits despite strong asset growth and zero reported officer compensation.
EIN: 133286250 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.4M |
| Total Expenses | $7.2M |
| Program Spending | 85% |
| Net Assets | $7.3M |
| Transparency Score | 90/100 |
Is New York Asian Womens Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Asian Womens Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Asian Womens Center Inc
New York Asian Womens Center Inc (EIN: 133286250) is a nonprofit organization based in New York, NY. The organization reported total revenue of $9.4M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Asian Womens Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Asian Womens Center Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $7.2M |
| Surplus / Deficit | $-729,054 |
| Total Assets | $11.0M |
| Total Liabilities | $3.7M |
| Net Assets | $7.3M |
| Operating Margin | -11.2% |
| Debt-to-Asset Ratio | 33.4% |
| Months of Reserves | 18.3 months |
Financial Health Grade: B
In 2023, New York Asian Womens Center Inc reported a deficit of $729K with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 33.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Asian Womens Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | +9.4% | -4.0% |
| 2022 | -44.1% | +9.9% | +28.5% |
| 2021 | +72.9% | +1.6% | +142.3% |
| 2020 | +13.4% | +1.6% | +51.1% |
| 2019 | +7.8% | -2.6% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 New York Asian Womens Center 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, New York Asian Womens Center 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 deficit of $729K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, or trustees. This is an exceptional level of financial efficiency and transparency regarding executive pay, suggesting that leadership roles may be voluntary or compensated through other means not classified as officer compensation.
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 New York Asian Womens Center Inc's IRS 990 filings:
- Operating deficits in the last two reported periods (2022 and 2023), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for New York Asian Womens Center Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and transparency in executive pay.
- Significant long-term growth in assets, from $2.2 million in 2014 to $11 million in 2023.
- Substantial revenue surplus in 2021 ($11,674,247 revenue vs. $5,998,750 expenses) which likely bolstered reserves.
Frequently Asked Questions about New York Asian Womens Center Inc
Is New York Asian Womens Center Inc a legitimate charity?
New York Asian Womens Center Inc (EIN: 133286250) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.4M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does New York Asian Womens Center Inc spend its money?
New York Asian Womens Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Asian Womens Center Inc tax-deductible?
New York Asian Womens Center Inc is registered as a tax-exempt nonprofit (EIN: 133286250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Asian Womens Center Inc's spending goes to programs?
New York Asian Womens Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York Asian Womens Center Inc located?
New York Asian Womens Center Inc is headquartered in New York, New York and files with the IRS under EIN 133286250.
How many years of IRS 990 filings does New York Asian Womens Center Inc have?
New York Asian Womens Center Inc 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 $9.4M in total revenue.
Is New York Asian Women's Center Inc. financially stable?
While the organization has experienced operating deficits in 2022 and 2023 (e.g., $7,214,047 expenses vs. $6,484,993 revenue in 2023), its assets have grown significantly over the past decade, reaching $11,011,776 in 2023. The substantial surplus in 2021 ($11,674,247 revenue vs. $5,998,750 expenses) likely provided a buffer, suggesting a generally stable, though recently challenged, financial position.
How does the organization manage executive compensation?
The New York Asian Women's Center Inc. reports 0% officer compensation in all available IRS 990 filings. This indicates a highly efficient approach to executive pay, with no reported salaries for officers, directors, or trustees, which is a significant strength for donor confidence.
What is the trend in the organization's revenue and expenses?
Revenue has shown significant fluctuation, peaking at $11,674,247 in 2021 and then decreasing to $6,484,993 in 2023. Expenses have generally increased over time, reaching $7,214,047 in 2023, leading to operating deficits in the last two reported periods after a substantial surplus in 2021.
Has the organization grown its assets over time?
Yes, the organization has demonstrated strong asset growth, increasing from $2,202,196 in 2014 to $11,011,776 in 2023, indicating successful long-term financial management and capacity building.
Filing History
IRS 990 filing history for New York Asian Womens Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Asian Womens Center Inc's revenue has grown by 87.1%, moving from $3.5M to $6.5M. Total assets increased by 495.8% over the same period, from $1.8M to $11.0M. Total functional expenses rose by 119.2%, from $3.3M to $7.2M. In its most recent filing year (2023), New York Asian Womens Center Inc reported a deficit of $729K, with expenses exceeding revenue. The organization holds $3.7M in liabilities against $11.0M in assets (debt-to-asset ratio: 33.4%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $7.2M | $11.0M | $3.7M | — | — |
| 2022 | $6.5M | $6.6M | $11.5M | $3.6M | — | View 990 |
| 2021 | $11.7M | $6.0M | $8.9M | $958K | — | View 990 |
| 2020 | $6.8M | $5.9M | $3.7M | $1.4M | — | View 990 |
| 2019 | $6.0M | $5.8M | $2.4M | $1.0M | — | View 990 |
| 2018 | $5.5M | $6.0M | $2.1M | $816K | — | View 990 |
| 2017 | $5.4M | $5.4M | $2.7M | $880K | — | View 990 |
| 2016 | $5.2M | $5.2M | $2.6M | $780K | — | View 990 |
| 2015 | $4.4M | $4.4M | $2.2M | $476K | — | View 990 |
| 2014 | $3.8M | $3.7M | $2.2M | $427K | — | View 990 |
| 2013 | $3.6M | $3.5M | $2.1M | $377K | — | View 990 |
| 2012 | $3.6M | $3.5M | $2.1M | $530K | — | View 990 |
| 2011 | $3.5M | $3.3M | $1.8M | $392K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $7.2M, and assets of $11.0M (revenue -0.7% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.6M, and assets of $11.5M (revenue -44.1% year-over-year).
- 2021: Revenue of $11.7M, expenses of $6.0M, and assets of $8.9M (revenue +72.9% year-over-year).
- 2020: Revenue of $6.8M, expenses of $5.9M, and assets of $3.7M (revenue +13.4% year-over-year).
- 2019: Revenue of $6.0M, expenses of $5.8M, and assets of $2.4M (revenue +7.8% year-over-year).
- 2018: Revenue of $5.5M, expenses of $6.0M, and assets of $2.1M (revenue +1.5% year-over-year).
- 2017: Revenue of $5.4M, expenses of $5.4M, and assets of $2.7M (revenue +4.0% year-over-year).
- 2016: Revenue of $5.2M, expenses of $5.2M, and assets of $2.6M (revenue +18.9% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.4M, and assets of $2.2M (revenue +15.8% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.7M, and assets of $2.2M (revenue +7.0% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.5M, and assets of $2.1M (revenue -0.1% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.5M, and assets of $2.1M (revenue +2.6% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.3M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Asian Womens Center Inc:
Data Sources and Methodology
This transparency report for New York Asian Womens Center 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.