New York State Industries For The Disabled Inc
New York State Industries For The Disabled Inc consistently spends nearly all revenue on expenses, with no reported officer compensation.
EIN: 132841179 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $296.3M |
| Total Expenses | $290.2M |
| Program Spending | 99% |
| CEO/Top Officer Pay | $300 |
| Net Assets | $29.8M |
| Transparency Score | 85/100 |
Is New York State Industries For The Disabled 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 State Industries For The Disabled Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Industries For The Disabled Inc
New York State Industries For The Disabled Inc (EIN: 132841179) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $296.3M and total assets of $103.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Industries For The Disabled Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Industries For The Disabled Inc is a major nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $292.3M |
| Total Expenses | $290.2M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $95.9M |
| Total Liabilities | $66.2M |
| Net Assets | $29.8M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 69.0% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, New York State Industries For The Disabled Inc reported a surplus of $2.1M with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 69.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York State Industries For The Disabled Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | +9.2% | +5.9% |
| 2022 | +2.3% | +2.8% | +14.1% |
| 2021 | +3.8% | +3.0% | -4.9% |
| 2020 | +0.7% | +1.8% | +7.7% |
| 2019 | +0.0% | -0.8% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 State Industries For The Disabled 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, New York State Industries For The Disabled Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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 $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is unusual for an organization of its size with revenues approaching $300 million. This suggests that executive compensation may be reported under other expense categories or handled by a related entity, requiring further clarification 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 State Industries For The Disabled Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation for transparency.
Strengths
The following positive indicators were identified for New York State Industries For The Disabled Inc:
- High program spending efficiency, with expenses closely matching revenue (e.g., 2023 expenses were $290,244,750 against revenues of $292,330,752).
- Consistent revenue growth over the past decade, indicating strong financial sustainability.
- Steady growth in assets, from $47,100,211 in 2015 to $95,931,408 in 2023, demonstrating sound financial management.
- Low liabilities relative to assets, with liabilities of $66,169,042 against assets of $95,931,408 in 2023, suggesting a healthy balance sheet.
Frequently Asked Questions about New York State Industries For The Disabled Inc
Is New York State Industries For The Disabled Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Industries For The Disabled Inc (EIN: 132841179) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does New York State Industries For The Disabled Inc spend its money?
New York State Industries For The Disabled Inc directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York State Industries For The Disabled Inc tax-deductible?
New York State Industries For The Disabled Inc is registered as a tax-exempt nonprofit (EIN: 132841179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York State Industries For The Disabled Inc CEO make?
New York State Industries For The Disabled Inc's highest-compensated officer earns $300 annually. The organization reported $296.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is New York State Industries For The Disabled Inc located?
New York State Industries For The Disabled Inc is headquartered in Albany, New York and files with the IRS under EIN 132841179.
How many years of IRS 990 filings does New York State Industries For The Disabled Inc have?
New York State Industries For The Disabled 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 $296.3M in total revenue.
Is New York State Industries For The Disabled Inc a good charity?
Based on the available data, NYSID appears to be a financially sound organization that dedicates nearly all its revenue to expenses, indicating strong program delivery. Its consistent growth in assets and revenue also suggests stability. However, the lack of reported officer compensation on the 990s is an area that could benefit from greater transparency to fully assess its operational efficiency.
How does NYSID manage its executive compensation?
NYSID consistently reports 0% officer compensation in its IRS 990 filings. This is an unusual reporting practice for an organization of its scale and suggests that executive compensation might be accounted for in other expense categories or through related organizations, which is not explicitly detailed in the provided data.
What is the trend in NYSID's financial health?
NYSID shows a positive trend in financial health, with consistent revenue growth from $214,888,615 in 2014 to $292,330,752 in 2023. Assets have also steadily increased from $47,100,211 in 2015 to $95,931,408 in 2023, indicating strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for New York State Industries For The Disabled Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York State Industries For The Disabled Inc's revenue has grown by 67.2%, moving from $174.9M to $292.3M. Total assets increased by 145.3% over the same period, from $39.1M to $95.9M. Total functional expenses rose by 66.8%, from $174.0M to $290.2M. In its most recent filing year (2023), New York State Industries For The Disabled Inc reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $66.2M in liabilities against $95.9M in assets (debt-to-asset ratio: 69.0%), resulting in net assets of $29.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $292.3M | $290.2M | $95.9M | $66.2M | — | View 990 |
| 2022 | $266.9M | $265.8M | $90.6M | $63.9M | — | View 990 |
| 2021 | $260.8M | $258.4M | $79.4M | $51.2M | — | View 990 |
| 2020 | $251.2M | $251.0M | $83.5M | $58.6M | — | View 990 |
| 2019 | $249.3M | $246.7M | $77.5M | $53.5M | — | View 990 |
| 2018 | $249.3M | $248.6M | $71.0M | $47.2M | — | View 990 |
| 2017 | $234.0M | $233.8M | $70.0M | $47.7M | — | View 990 |
| 2016 | $229.8M | $229.2M | $55.4M | $34.3M | — | View 990 |
| 2015 | $228.5M | $226.5M | $47.1M | $27.1M | — | View 990 |
| 2014 | $214.9M | $213.2M | $53.7M | $35.0M | — | View 990 |
| 2013 | $203.6M | $202.3M | $47.5M | $30.8M | — | View 990 |
| 2012 | $195.9M | $194.3M | $45.8M | $30.8M | — | View 990 |
| 2011 | $174.9M | $174.0M | $39.1M | $26.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $292.3M, expenses of $290.2M, and assets of $95.9M (revenue +9.5% year-over-year).
- 2022: Revenue of $266.9M, expenses of $265.8M, and assets of $90.6M (revenue +2.3% year-over-year).
- 2021: Revenue of $260.8M, expenses of $258.4M, and assets of $79.4M (revenue +3.8% year-over-year).
- 2020: Revenue of $251.2M, expenses of $251.0M, and assets of $83.5M (revenue +0.7% year-over-year).
- 2019: Revenue of $249.3M, expenses of $246.7M, and assets of $77.5M (revenue +0.0% year-over-year).
- 2018: Revenue of $249.3M, expenses of $248.6M, and assets of $71.0M (revenue +6.6% year-over-year).
- 2017: Revenue of $234.0M, expenses of $233.8M, and assets of $70.0M (revenue +1.8% year-over-year).
- 2016: Revenue of $229.8M, expenses of $229.2M, and assets of $55.4M (revenue +0.6% year-over-year).
- 2015: Revenue of $228.5M, expenses of $226.5M, and assets of $47.1M (revenue +6.3% year-over-year).
- 2014: Revenue of $214.9M, expenses of $213.2M, and assets of $53.7M (revenue +5.5% year-over-year).
- 2013: Revenue of $203.6M, expenses of $202.3M, and assets of $47.5M (revenue +4.0% year-over-year).
- 2012: Revenue of $195.9M, expenses of $194.3M, and assets of $45.8M (revenue +12.0% year-over-year).
- 2011: Revenue of $174.9M, expenses of $174.0M, and assets of $39.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York State Industries For The Disabled Inc:
Data Sources and Methodology
This transparency report for New York State Industries For The Disabled 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.