New York Institute For Human Development Inc
New York Institute For Human Development Inc. shows significant asset growth but inconsistent revenue and occasional operating deficits.
EIN: 132572413 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.3M |
| Total Expenses | $7.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $48 |
| Net Assets | $8.3M |
| Transparency Score | 65/100 |
Is New York Institute For Human Development 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 Institute For Human Development Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Institute For Human Development Inc
New York Institute For Human Development Inc (EIN: 132572413) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.3M and total assets of $44.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Institute For Human Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Institute For Human Development Inc is a mid-size nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $7.6M |
| Surplus / Deficit | $-1,841,071 |
| Total Assets | $48.0M |
| Total Liabilities | $39.7M |
| Net Assets | $8.3M |
| Operating Margin | -31.9% |
| Debt-to-Asset Ratio | 82.8% |
| Months of Reserves | 75.5 months |
Financial Health Grade: C
In 2023, New York Institute For Human Development Inc reported a deficit of $1.8M with expenses exceeding revenue, holds 75.5 months of operating reserves (strong position), has a debt-to-asset ratio of 82.8% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), New York Institute For Human Development Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.3% | +50.9% | +14.2% |
| 2022 | +3012.0% | +274.2% | +3.5% |
| 2021 | -88.7% | -76.9% | -0.3% |
| 2021 | -26.0% | -0.4% | +11.3% |
| 2020 | -37.7% | +5.1% | +92.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1967 |
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 Institute For Human Development Inc with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, New York Institute For Human Development Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 82.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with assets nearing $48 million. This suggests either a fully volunteer executive leadership or that compensation is reported under different categories, warranting further investigation for full 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 Institute For Human Development Inc's IRS 990 filings:
- Significant and recurring operating deficits (e.g., $1.8M in 2023, $1M in 2021)
- High volatility in annual revenue, making financial planning challenging
- Substantial increase in liabilities without clear explanation in summary data
- 0% reported officer compensation for an organization with nearly $48M in assets, which is highly unusual and warrants further investigation into executive compensation practices.
Strengths
The following positive indicators were identified for New York Institute For Human Development Inc:
- Significant growth in total assets over the past decade, from $15.5M in 2015 to $47.9M in 2023
- Consistent reporting of 0% officer compensation, indicating potential for low administrative overhead in leadership salaries or a volunteer-led executive team.
Frequently Asked Questions about New York Institute For Human Development Inc
Is New York Institute For Human Development Inc a legitimate charity?
New York Institute For Human Development Inc (EIN: 132572413) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $8.3M. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does New York Institute For Human Development Inc spend its money?
New York Institute For Human Development Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Institute For Human Development Inc tax-deductible?
New York Institute For Human Development Inc is registered as a tax-exempt nonprofit (EIN: 132572413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Institute For Human Development Inc CEO make?
New York Institute For Human Development Inc's highest-compensated officer earns $48 annually. The organization reported $8.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Institute For Human Development Inc's spending goes to programs?
New York Institute For Human Development Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York Institute For Human Development Inc located?
New York Institute For Human Development Inc is headquartered in New York, New York and files with the IRS under EIN 132572413.
How many years of IRS 990 filings does New York Institute For Human Development Inc have?
New York Institute For Human Development Inc has 14 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 $8.3M in total revenue.
What is the reason for the significant fluctuations in annual revenue, such as the drop from $9,683,097 in 2022 to $5,778,753 in 2023?
The IRS 990 filings alone do not provide specific reasons for revenue volatility. This could be due to grant cycles, project-based funding, or changes in donor contributions.
How does the organization manage its operating deficits, such as the $1,841,071 deficit in 2023?
Operating deficits are likely covered by drawing from accumulated assets or reserves. The consistent growth in assets despite deficits suggests a strategy of asset management or that some revenue streams are not fully captured in the annual operating revenue figures.
What is the nature of the substantial increase in liabilities, from $10,417,902 in 2015 to $39,703,148 in 2023?
The 990 filings do not detail the specific types of liabilities. This significant increase could be due to long-term debt, mortgages on properties, or other financial obligations related to asset acquisition or program expansion.
Given the 0% officer compensation, how are the organization's top executives compensated, or is the leadership entirely volunteer-based?
The 990 form's 'Officer Comp' section specifically refers to compensation for officers, directors, trustees, and key employees. A 0% figure suggests either a volunteer leadership structure or that compensation is reported in other categories, such as 'Salaries and wages' for non-officer roles, or through related organizations, which would require deeper scrutiny of Schedule J.
Filing History
IRS 990 filing history for New York Institute For Human Development Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), New York Institute For Human Development Inc's revenue has grown by 381%, moving from $1.2M to $5.8M. Total assets increased by 886% over the same period, from $4.9M to $48.0M. Total functional expenses rose by 825.2%, from $824K to $7.6M. In its most recent filing year (2023), New York Institute For Human Development Inc reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $39.7M in liabilities against $48.0M in assets (debt-to-asset ratio: 82.8%), resulting in net assets of $8.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $7.6M | $48.0M | $39.7M | — | — |
| 2022 | $9.7M | $5.0M | $42.0M | $33.6M | — | View 990 |
| 2021 | $311K | $1.3M | $40.6M | $36.2M | — | View 990 |
| 2021 | $2.8M | $5.8M | $40.7M | $35.5M | — | View 990 |
| 2020 | $3.7M | $5.9M | $36.5M | $28.5M | — | View 990 |
| 2019 | $6.0M | $5.6M | $18.9M | $11.1M | — | View 990 |
| 2018 | $4.9M | $5.0M | $21.4M | $14.4M | — | View 990 |
| 2017 | $1.7M | $2.4M | $17.6M | $12.4M | — | View 990 |
| 2016 | $2.0M | $1.9M | $16.7M | $11.3M | — | View 990 |
| 2015 | $4.3M | $1.7M | $15.6M | $10.4M | — | View 990 |
| 2014 | $2.8M | $1.3M | $13.4M | $10.9M | — | View 990 |
| 2013 | $1.9M | $1.7M | $10.4M | $9.4M | — | View 990 |
| 2012 | $934K | $939K | $8.5M | $7.8M | — | View 990 |
| 2011 | $1.2M | $824K | $4.9M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $7.6M, and assets of $48.0M (revenue -40.3% year-over-year).
- 2022: Revenue of $9.7M, expenses of $5.0M, and assets of $42.0M (revenue +3012.0% year-over-year).
- 2021: Revenue of $311K, expenses of $1.3M, and assets of $40.6M (revenue -88.7% year-over-year).
- 2021: Revenue of $2.8M, expenses of $5.8M, and assets of $40.7M (revenue -26.0% year-over-year).
- 2020: Revenue of $3.7M, expenses of $5.9M, and assets of $36.5M (revenue -37.7% year-over-year).
- 2019: Revenue of $6.0M, expenses of $5.6M, and assets of $18.9M (revenue +22.2% year-over-year).
- 2018: Revenue of $4.9M, expenses of $5.0M, and assets of $21.4M (revenue +184.2% year-over-year).
- 2017: Revenue of $1.7M, expenses of $2.4M, and assets of $17.6M (revenue -14.4% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.9M, and assets of $16.7M (revenue -53.4% year-over-year).
- 2015: Revenue of $4.3M, expenses of $1.7M, and assets of $15.6M (revenue +52.3% year-over-year).
- 2014: Revenue of $2.8M, expenses of $1.3M, and assets of $13.4M (revenue +46.3% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.7M, and assets of $10.4M (revenue +107.0% year-over-year).
- 2012: Revenue of $934K, expenses of $939K, and assets of $8.5M (revenue -22.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $824K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Institute For Human Development Inc:
Data Sources and Methodology
This transparency report for New York Institute For Human Development 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.