New York City Mission Society
New York City Mission Society maintains strong asset growth and positive net income with no reported officer compensation.
EIN: 135562301 · New York, NY · NTEE: P28 · Updated: 2026-03-28
Is New York City Mission Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York City Mission Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York City Mission Society
New York City Mission Society (EIN: 135562301) is a nonprofit organization based in New York, NY, classified under NTEE code P28. The organization reported total revenue of $34.8M and total assets of $59.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York City Mission Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York City Mission Society is a large 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 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.4M |
| Total Expenses | $11.3M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $52.2M |
| Total Liabilities | $602K |
| Net Assets | $51.6M |
| Operating Margin | 16.1% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 55.6 months |
Financial Health Grade: A
In 2023, New York City Mission Society reported a surplus of $2.2M with revenue exceeding expenses, holds 55.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York City Mission Society's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.1% | +13.4% | +8.8% |
| 2022 | +52.9% | +23.4% | -14.0% |
| 2021 | +22.3% | -11.6% | +20.1% |
| 2020 | -1.1% | +10.4% | +0.3% |
| 2019 | -11.3% | -30.3% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 City Mission Society with a Mission Score of 88 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 City Mission Society 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 $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
The New York City Mission Society consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with assets exceeding $50 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently and not explicitly reported under 'Officer Comp' in the provided data.
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 City Mission Society's IRS 990 filings:
- Unusually low reported officer compensation (0%) for an organization of this size, which may warrant further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for New York City Mission Society:
- Consistent asset growth, indicating strong financial health and sustainability (e.g., from $46.5M in 2020 to $59.5M currently).
- Revenues consistently exceeding expenses in recent years (e.g., $13.4M revenue vs. $11.2M expenses in 2023), demonstrating sound financial management.
- Low liabilities relative to assets, suggesting a strong balance sheet (e.g., $602,180 liabilities vs. $52.2M assets in 2023).
- No reported officer compensation, suggesting efficient use of funds at the executive level or a volunteer leadership model.
Frequently Asked Questions about New York City Mission Society
Is New York City Mission Society a legitimate charity?
Based on AI analysis of IRS 990 filings, New York City Mission Society (EIN: 135562301) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does New York City Mission Society spend its money?
New York City Mission Society directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York City Mission Society tax-deductible?
New York City Mission Society is registered as a tax-exempt nonprofit (EIN: 135562301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the New York City Mission Society manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all available filings for an organization with assets over $50 million is highly unusual. It could indicate a volunteer-led executive team, or that executive compensation is reported under other expense categories not explicitly labeled 'Officer Comp' in the provided data.
What is the trend in the organization's revenue and expenses?
After a significant revenue spike in 2015 ($40,609,167), the organization's revenue stabilized around $8-9 million annually until 2021. Since then, revenue has shown a positive trend, increasing from $9,564,304 in 2021 to $13,437,501 in 2023, consistently exceeding expenses in recent years.
Is the organization growing its financial reserves?
Yes, the organization has consistently grown its assets. From $46,527,469 in 2020 to $52,222,085 in 2023, and reaching $59,493,440 in the latest available data, indicating a strong and growing financial reserve.
Filing History
IRS 990 filing history for New York City Mission Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York City Mission Society's revenue has grown by 52.9%, moving from $8.8M to $13.4M. Total assets increased by 158.2% over the same period, from $20.2M to $52.2M. Total functional expenses rose by 27.1%, from $8.9M to $11.3M. In its most recent filing year (2023), New York City Mission Society reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $602K in liabilities against $52.2M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $51.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.4M | $11.3M | $52.2M | $602K | — | View 990 |
| 2022 | $14.6M | $9.9M | $48.0M | $692K | — | View 990 |
| 2021 | $9.6M | $8.1M | $55.9M | $2.2M | — | — |
| 2020 | $7.8M | $9.1M | $46.5M | $2.2M | — | View 990 |
| 2019 | $7.9M | $8.3M | $46.4M | $598K | — | View 990 |
| 2018 | $8.9M | $11.9M | $46.1M | $1.0M | — | View 990 |
| 2017 | $8.7M | $10.0M | $45.8M | $1.7M | — | View 990 |
| 2016 | $8.4M | $10.1M | $43.6M | $3.0M | — | View 990 |
| 2015 | $40.6M | $10.7M | $47.5M | $2.6M | — | View 990 |
| 2014 | $8.7M | $9.5M | $17.6M | $1.2M | — | View 990 |
| 2013 | $7.3M | $9.9M | $17.2M | $1.3M | — | View 990 |
| 2012 | $6.3M | $8.6M | $18.0M | $1.9M | — | View 990 |
| 2011 | $8.8M | $8.9M | $20.2M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.4M, expenses of $11.3M, and assets of $52.2M (revenue -8.1% year-over-year).
- 2022: Revenue of $14.6M, expenses of $9.9M, and assets of $48.0M (revenue +52.9% year-over-year).
- 2021: Revenue of $9.6M, expenses of $8.1M, and assets of $55.9M (revenue +22.3% year-over-year).
- 2020: Revenue of $7.8M, expenses of $9.1M, and assets of $46.5M (revenue -1.1% year-over-year).
- 2019: Revenue of $7.9M, expenses of $8.3M, and assets of $46.4M (revenue -11.3% year-over-year).
- 2018: Revenue of $8.9M, expenses of $11.9M, and assets of $46.1M (revenue +2.6% year-over-year).
- 2017: Revenue of $8.7M, expenses of $10.0M, and assets of $45.8M (revenue +3.1% year-over-year).
- 2016: Revenue of $8.4M, expenses of $10.1M, and assets of $43.6M (revenue -79.3% year-over-year).
- 2015: Revenue of $40.6M, expenses of $10.7M, and assets of $47.5M (revenue +368.9% year-over-year).
- 2014: Revenue of $8.7M, expenses of $9.5M, and assets of $17.6M (revenue +17.8% year-over-year).
- 2013: Revenue of $7.3M, expenses of $9.9M, and assets of $17.2M (revenue +17.4% year-over-year).
- 2012: Revenue of $6.3M, expenses of $8.6M, and assets of $18.0M (revenue -28.8% year-over-year).
- 2011: Revenue of $8.8M, expenses of $8.9M, and assets of $20.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York City Mission Society:
Data Sources and Methodology
This transparency report for New York City Mission Society 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.