New York Building Congress Inc
New York Building Congress Inc. maintains stable revenue with no reported officer compensation, but liabilities have significantly increased in recent years.
EIN: 131097030 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $4.3M |
| Program Spending | 75% |
| Net Assets | $916K |
| Transparency Score | 85/100 |
Is New York Building Congress 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 Building Congress Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Building Congress Inc
New York Building Congress Inc (EIN: 131097030) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.9M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Building Congress Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Building Congress Inc is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.3M |
| Surplus / Deficit | +$58K |
| Total Assets | $4.4M |
| Total Liabilities | $3.5M |
| Net Assets | $916K |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 79.1% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, New York Building Congress Inc reported a surplus of $58K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 79.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Building Congress Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | -3.5% | -18.2% |
| 2022 | -17.6% | -6.2% | +75.1% |
| 2021 | +48.9% | +33.9% | +7.7% |
| 2020 | -24.6% | -25.8% | -8.2% |
| 2019 | -1.2% | +12.9% | -16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
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 Building Congress Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, New York Building Congress Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $58K, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through non-officer roles, or that the organization is primarily volunteer-driven at the top, which is a strong positive for resource allocation.
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 Building Congress Inc's IRS 990 filings:
- Significant increase in liabilities from $1.4M in 2021 to $4.6M in 2022, potentially indicating increased financial risk.
- Expenses exceeded revenue in multiple years (e.g., 2022, 2020, 2019, 2017), leading to net losses in those periods.
Strengths
The following positive indicators were identified for New York Building Congress Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency and potentially efficient use of funds at the executive level.
- Stable revenue generation over the past decade, generally ranging from $3M to $5M.
- Positive net income in the most recent filing (2023), with revenue of $4,366,727 exceeding expenses of $4,308,572.
Frequently Asked Questions about New York Building Congress Inc
Is New York Building Congress Inc a legitimate charity?
New York Building Congress Inc (EIN: 131097030) 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: $5.9M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does New York Building Congress Inc spend its money?
New York Building Congress Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to New York Building Congress Inc tax-deductible?
New York Building Congress Inc is registered as a tax-exempt nonprofit (EIN: 131097030). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Building Congress Inc's spending goes to programs?
New York Building Congress Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York Building Congress Inc located?
New York Building Congress Inc is headquartered in New York, New York and files with the IRS under EIN 131097030.
How many years of IRS 990 filings does New York Building Congress Inc have?
New York Building Congress 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 $5.9M in total revenue.
What caused the significant increase in liabilities from $1,435,441 in 2021 to $4,599,226 in 2022?
The IRS 990 data shows a substantial jump in liabilities, which warrants further investigation into the nature of these obligations (e.g., loans, deferred revenue, payables) to understand the organization's financial risk.
How does the organization sustain its operations without reporting any officer compensation?
The consistent 0% officer compensation suggests either a volunteer-led executive team or compensation structured in a way not reported in this specific section of the 990, which is unusual for an organization of this size and revenue.
What are the specific program activities and their associated costs?
Without a detailed functional expense breakdown, it's difficult to fully assess the impact and efficiency of the organization's program spending, despite the assumption of a high program spending ratio.
Filing History
IRS 990 filing history for New York Building Congress Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Building Congress Inc's revenue has grown by 76.2%, moving from $2.5M to $4.4M. Total assets increased by 63.5% over the same period, from $2.7M to $4.4M. Total functional expenses rose by 59.6%, from $2.7M to $4.3M. In its most recent filing year (2023), New York Building Congress Inc reported a surplus of $58K, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $4.4M in assets (debt-to-asset ratio: 79.1%), resulting in net assets of $916K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.3M | $4.4M | $3.5M | — | — |
| 2022 | $4.0M | $4.5M | $5.4M | $4.6M | — | View 990 |
| 2021 | $4.8M | $4.8M | $3.1M | $1.4M | — | View 990 |
| 2020 | $3.2M | $3.6M | $2.8M | $1.2M | — | View 990 |
| 2019 | $4.3M | $4.8M | $3.1M | $1.0M | — | — |
| 2018 | $4.3M | $4.2M | $3.7M | $1.3M | — | View 990 |
| 2017 | $4.1M | $4.5M | $3.7M | $1.2M | — | View 990 |
| 2016 | $3.4M | $3.3M | $3.2M | $439K | — | View 990 |
| 2015 | $3.1M | $3.0M | $3.4M | $748K | — | View 990 |
| 2014 | $3.1M | $2.9M | $3.1M | $558K | — | View 990 |
| 2013 | $2.9M | $2.8M | $2.9M | $654K | — | View 990 |
| 2012 | $2.7M | $2.6M | $2.7M | $528K | — | View 990 |
| 2011 | $2.5M | $2.7M | $2.7M | $740K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.3M, and assets of $4.4M (revenue +9.7% year-over-year).
- 2022: Revenue of $4.0M, expenses of $4.5M, and assets of $5.4M (revenue -17.6% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.8M, and assets of $3.1M (revenue +48.9% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.6M, and assets of $2.8M (revenue -24.6% year-over-year).
- 2019: Revenue of $4.3M, expenses of $4.8M, and assets of $3.1M (revenue -1.2% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.2M, and assets of $3.7M (revenue +6.3% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.5M, and assets of $3.7M (revenue +18.9% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.3M, and assets of $3.2M (revenue +9.6% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.0M, and assets of $3.4M (revenue +2.1% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.9M, and assets of $3.1M (revenue +7.7% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $2.9M (revenue +4.9% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.6M, and assets of $2.7M (revenue +9.8% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.7M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Building Congress Inc:
Data Sources and Methodology
This transparency report for New York Building Congress 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.