New York Legal Assistance Group Incorporated
New York Legal Assistance Group shows strong program spending and significant asset growth, with a notable increase in liabilities.
EIN: 133505428 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $55.8M |
| Total Expenses | $46.5M |
| Program Spending | 85% |
| Net Assets | $19.9M |
| Transparency Score | 88/100 |
Is New York Legal Assistance Group Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Legal Assistance Group Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Legal Assistance Group Incorporated
New York Legal Assistance Group Incorporated (EIN: 133505428) is a nonprofit organization based in New York, NY. The organization reported total revenue of $55.8M and total assets of $89.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Legal Assistance Group Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Legal Assistance Group Incorporated is a major nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47.4M |
| Total Expenses | $46.5M |
| Surplus / Deficit | +$940K |
| Total Assets | $89.7M |
| Total Liabilities | $69.9M |
| Net Assets | $19.9M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 77.8% |
| Months of Reserves | 23.2 months |
Financial Health Grade: A
In 2023, New York Legal Assistance Group Incorporated reported a surplus of $940K with revenue exceeding expenses, holds 23.2 months of operating reserves (strong position), has a debt-to-asset ratio of 77.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Legal Assistance Group Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +9.0% | +248.4% |
| 2022 | +19.1% | +11.0% | +2.9% |
| 2021 | +13.0% | +15.3% | +4.0% |
| 2020 | +8.1% | +5.1% | +33.3% |
| 2019 | +6.6% | +7.3% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Legal Assistance Group Incorporated 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 Legal Assistance Group Incorporated 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 $940K, with revenue exceeding expenses.
- Debt-to-asset ratio: 77.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests either that executive compensation is not reported in this specific field, or that the organization's leadership is compensated through other means, or that they are volunteers. This requires further investigation for a complete understanding of executive pay practices.
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 Legal Assistance Group Incorporated's IRS 990 filings:
- Significant increase in liabilities from $6.7M to $69.8M between 2022 and 2023 without clear explanation in provided data.
- Consistent reporting of 0% officer compensation, which may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for New York Legal Assistance Group Incorporated:
- Strong program spending ratio, with 85% of expenses dedicated to programs in the latest filing.
- Consistent revenue growth over the past decade, indicating strong fundraising and grant acquisition capabilities.
- Healthy asset base, growing from $13.9M in 2014 to $89.8M currently.
- Positive net income in most years, demonstrating financial sustainability.
Frequently Asked Questions about New York Legal Assistance Group Incorporated
Is New York Legal Assistance Group Incorporated a legitimate charity?
New York Legal Assistance Group Incorporated (EIN: 133505428) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $55.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New York Legal Assistance Group Incorporated spend its money?
New York Legal Assistance Group Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Legal Assistance Group Incorporated tax-deductible?
New York Legal Assistance Group Incorporated is registered as a tax-exempt nonprofit (EIN: 133505428). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Legal Assistance Group Incorporated's spending goes to programs?
New York Legal Assistance Group Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York Legal Assistance Group Incorporated located?
New York Legal Assistance Group Incorporated is headquartered in New York, New York and files with the IRS under EIN 133505428.
How many years of IRS 990 filings does New York Legal Assistance Group Incorporated have?
New York Legal Assistance Group Incorporated 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 $55.8M in total revenue.
What caused the substantial increase in liabilities from $6.7 million in 2022 to $69.8 million in 2023?
This significant jump in liabilities needs clarification to understand its nature (e.g., new debt, deferred revenue, or other obligations) and its potential impact on the organization's financial flexibility.
How is executive compensation handled if 'Officer Comp' is consistently reported as 0%?
Further detail is needed to understand how the organization compensates its top executives, as the 0% reported in the filings is unusual for an organization of this size.
What is the specific breakdown of administrative and fundraising expenses?
While the overall program spending is strong, a more detailed breakdown of the 10% administrative and 5% fundraising expenses would provide greater insight into operational efficiency.
Filing History
IRS 990 filing history for New York Legal Assistance Group Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Legal Assistance Group Incorporated's revenue has grown by 180.5%, moving from $16.9M to $47.4M. Total assets increased by 765.4% over the same period, from $10.4M to $89.7M. Total functional expenses rose by 391.3%, from $9.5M to $46.5M. In its most recent filing year (2023), New York Legal Assistance Group Incorporated reported a surplus of $940K, with revenue exceeding expenses. The organization holds $69.9M in liabilities against $89.7M in assets (debt-to-asset ratio: 77.8%), resulting in net assets of $19.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47.4M | $46.5M | $89.7M | $69.9M | — | — |
| 2022 | $45.8M | $42.7M | $25.8M | $6.7M | — | View 990 |
| 2021 | $38.4M | $38.4M | $25.0M | $8.5M | — | View 990 |
| 2020 | $34.0M | $33.3M | $24.1M | $7.4M | — | View 990 |
| 2019 | $31.5M | $31.7M | $18.1M | $1.8M | — | View 990 |
| 2018 | $29.5M | $29.5M | $17.7M | $1.2M | — | View 990 |
| 2017 | $26.3M | $25.5M | $17.4M | $869K | — | View 990 |
| 2016 | $25.2M | $24.0M | $16.7M | $875K | — | View 990 |
| 2015 | $25.2M | $23.8M | $17.7M | $3.1M | — | View 990 |
| 2014 | $20.1M | $18.0M | $14.0M | $831K | — | View 990 |
| 2013 | $15.4M | $13.3M | $12.0M | $910K | — | View 990 |
| 2012 | $11.6M | $11.1M | $9.1M | $182K | — | View 990 |
| 2011 | $16.9M | $9.5M | $10.4M | $178K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47.4M, expenses of $46.5M, and assets of $89.7M (revenue +3.6% year-over-year).
- 2022: Revenue of $45.8M, expenses of $42.7M, and assets of $25.8M (revenue +19.1% year-over-year).
- 2021: Revenue of $38.4M, expenses of $38.4M, and assets of $25.0M (revenue +13.0% year-over-year).
- 2020: Revenue of $34.0M, expenses of $33.3M, and assets of $24.1M (revenue +8.1% year-over-year).
- 2019: Revenue of $31.5M, expenses of $31.7M, and assets of $18.1M (revenue +6.6% year-over-year).
- 2018: Revenue of $29.5M, expenses of $29.5M, and assets of $17.7M (revenue +12.2% year-over-year).
- 2017: Revenue of $26.3M, expenses of $25.5M, and assets of $17.4M (revenue +4.3% year-over-year).
- 2016: Revenue of $25.2M, expenses of $24.0M, and assets of $16.7M (revenue -0.1% year-over-year).
- 2015: Revenue of $25.2M, expenses of $23.8M, and assets of $17.7M (revenue +25.7% year-over-year).
- 2014: Revenue of $20.1M, expenses of $18.0M, and assets of $14.0M (revenue +30.4% year-over-year).
- 2013: Revenue of $15.4M, expenses of $13.3M, and assets of $12.0M (revenue +32.5% year-over-year).
- 2012: Revenue of $11.6M, expenses of $11.1M, and assets of $9.1M (revenue -31.3% year-over-year).
- 2011: Revenue of $16.9M, expenses of $9.5M, and assets of $10.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Legal Assistance Group Incorporated:
Data Sources and Methodology
This transparency report for New York Legal Assistance Group Incorporated 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.