New York Foundling Charitable Corporation
New York Foundling Charitable Corporation maintains substantial assets despite volatile revenue and expenses, with no officer compensation reported.
EIN: 133318964 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $2.0M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $104.6M |
| Transparency Score | 60/100 |
Is New York Foundling Charitable Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Foundling Charitable Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New York Foundling Charitable Corporation
New York Foundling Charitable Corporation (EIN: 133318964) is a nonprofit organization based in New York, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Foundling Charitable Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Foundling Charitable Corporation is a mid-size nonprofit, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -12.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$17K |
| Total Assets | $107.0M |
| Total Liabilities | $2.3M |
| Net Assets | $104.6M |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 627.8 months |
Financial Health Grade: A
In 2018, New York Foundling Charitable Corporation reported a surplus of $17K with revenue exceeding expenses, holds 627.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), New York Foundling Charitable Corporation's revenue has declined at a compound annual growth rate (CAGR) of -12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -70.6% | -70.8% | -1.5% |
| 2017 | +62.8% | +257.3% | -3.3% |
| 2016 | -20.4% | -12.9% | -1.3% |
| 2015 | +79.8% | +12.9% | +5.6% |
| 2014 | -93.4% | -85.1% | +3.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York Foundling Charitable Corporation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New York Foundling Charitable Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size with over $100 million in assets. This suggests executive compensation may be reported by a related entity or categorized differently, requiring further scrutiny for complete transparency.
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 Foundling Charitable Corporation's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale.
- Significant volatility in annual revenue and expenses, indicating potential funding instability or project-based operations.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering efficiency assessment.
- Unknown NTEE code, making it difficult to understand its specific mission and compare to peers.
Strengths
The following positive indicators were identified for New York Foundling Charitable Corporation:
- Maintains a very strong asset base, consistently over $100 million, providing financial stability.
- Generally operates with expenses below revenue in most reported periods, indicating fiscal prudence.
Frequently Asked Questions about New York Foundling Charitable Corporation
Is New York Foundling Charitable Corporation a legitimate charity?
New York Foundling Charitable Corporation (EIN: 133318964) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 8 years of IRS 990 filings on record. 4 red flags identified. 2 strengths noted. Financial health grade: A.
How does New York Foundling Charitable Corporation spend its money?
New York Foundling Charitable Corporation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to New York Foundling Charitable Corporation tax-deductible?
New York Foundling Charitable Corporation is registered as a tax-exempt nonprofit (EIN: 133318964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Foundling Charitable Corporation CEO make?
New York Foundling Charitable Corporation's highest-compensated officer earns $100 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Foundling Charitable Corporation's spending goes to programs?
New York Foundling Charitable Corporation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New York Foundling Charitable Corporation located?
New York Foundling Charitable Corporation is headquartered in New York, New York and files with the IRS under EIN 133318964.
How many years of IRS 990 filings does New York Foundling Charitable Corporation have?
New York Foundling Charitable Corporation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why is officer compensation consistently reported as 0%?
This is highly unusual for an organization with over $100 million in assets and suggests compensation may be reported by a related entity or categorized differently, requiring further investigation.
What accounts for the significant fluctuations in annual revenue and expenses?
Revenue varied from $2 million to $45 million and expenses from $1.9 million to $13.4 million over the past eight years, indicating potential reliance on large, infrequent grants or specific project funding.
What is the organization's NTEE code and primary mission focus?
The NTEE code is unknown, making it difficult to benchmark its financial performance against similar nonprofits and understand its specific charitable activities.
What is the detailed breakdown of expenses into program, administrative, and fundraising categories?
Without this breakdown, it's impossible to accurately assess the organization's spending efficiency and how much directly supports its charitable programs.
Filing History
IRS 990 filing history for New York Foundling Charitable Corporation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), New York Foundling Charitable Corporation's revenue has declined by 61.4%, moving from $5.3M to $2.1M. Total assets decreased by 4.1% over the same period, from $111.5M to $107.0M. Total functional expenses fell by 51.4%, from $4.2M to $2.0M. In its most recent filing year (2018), New York Foundling Charitable Corporation reported a surplus of $17K, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $107.0M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $104.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $2.1M | $2.0M | $107.0M | $2.3M | — | View 990 |
| 2017 | $7.0M | $7.0M | $108.6M | $4.6M | — | View 990 |
| 2016 | $4.3M | $2.0M | $112.2M | $6.7M | — | View 990 |
| 2015 | $5.4M | $2.2M | $113.7M | $8.9M | — | View 990 |
| 2014 | $3.0M | $2.0M | $107.7M | $11.1M | — | View 990 |
| 2013 | $45.7M | $13.4M | $103.8M | $13.5M | — | View 990 |
| 2012 | $4.9M | $4.5M | $111.3M | $56.5M | — | View 990 |
| 2011 | $5.3M | $4.2M | $111.5M | $55.6M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $2.1M, expenses of $2.0M, and assets of $107.0M (revenue -70.6% year-over-year).
- 2017: Revenue of $7.0M, expenses of $7.0M, and assets of $108.6M (revenue +62.8% year-over-year).
- 2016: Revenue of $4.3M, expenses of $2.0M, and assets of $112.2M (revenue -20.4% year-over-year).
- 2015: Revenue of $5.4M, expenses of $2.2M, and assets of $113.7M (revenue +79.8% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.0M, and assets of $107.7M (revenue -93.4% year-over-year).
- 2013: Revenue of $45.7M, expenses of $13.4M, and assets of $103.8M (revenue +829.9% year-over-year).
- 2012: Revenue of $4.9M, expenses of $4.5M, and assets of $111.3M (revenue -8.1% year-over-year).
- 2011: Revenue of $5.3M, expenses of $4.2M, and assets of $111.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Foundling Charitable Corporation:
Data Sources and Methodology
This transparency report for New York Foundling Charitable Corporation 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.