New York Womens Foundation
New York Women's Foundation consistently dedicates high percentage of spending to programs despite recent operating deficits.
EIN: 133457287 · New York, NY · NTEE: P120 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.6M |
| Total Expenses | $18.5M |
| Program Spending | 80% |
| Net Assets | $22.5M |
| Transparency Score | 88/100 |
Is New York Womens Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Womens Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Womens Foundation
New York Womens Foundation (EIN: 133457287) is a nonprofit organization based in New York, NY, classified under NTEE code P120. The organization reported total revenue of $13.6M and total assets of $24.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Womens Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Womens Foundation is a large nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.9M |
| Total Expenses | $18.5M |
| Surplus / Deficit | $-3,600,641 |
| Total Assets | $29.1M |
| Total Liabilities | $6.6M |
| Net Assets | $22.5M |
| Operating Margin | -24.2% |
| Debt-to-Asset Ratio | 22.7% |
| Months of Reserves | 18.9 months |
Financial Health Grade: B
In 2023, New York Womens Foundation reported a deficit of $3.6M with expenses exceeding revenue, holds 18.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Womens Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.2% | +12.2% | -9.2% |
| 2022 | +7.2% | +4.0% | +1.1% |
| 2021 | +33.0% | +8.5% | +5.6% |
| 2020 | -19.3% | -12.6% | -2.4% |
| 2019 | -33.1% | -4.7% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Womens Foundation 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, New York Womens Foundation allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. 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 $3.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.7%.
Executive Compensation Analysis
The New York Women's Foundation reports 0% officer compensation across all available filings, indicating that its highest-paid executives do not receive compensation directly from the organization, which is highly unusual and suggests compensation may be reported differently or covered by an affiliated entity, or that the roles are purely voluntary.
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 Womens Foundation's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is highly unusual for an organization of this size and warrants further investigation.
- Expenses exceeded revenue in multiple recent years (2016, 2019, 2020, 2023), with a significant deficit of $3,600,641 in 2023, indicating potential reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for New York Womens Foundation:
- High program spending ratio (80% in 2023), indicating efficient use of funds for its mission.
- Growing asset base, reaching $29,141,468 in 2023, suggesting financial stability.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Relatively low fundraising and administrative costs, contributing to overall efficiency.
Frequently Asked Questions about New York Womens Foundation
Is New York Womens Foundation a legitimate charity?
New York Womens Foundation (EIN: 133457287) 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: $13.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does New York Womens Foundation spend its money?
New York Womens Foundation directs 80% of its spending to programs and services. Fundraising costs 8%. This exceeds the 65% industry benchmark.
Are donations to New York Womens Foundation tax-deductible?
New York Womens Foundation is registered as a tax-exempt nonprofit (EIN: 133457287). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Womens Foundation's spending goes to programs?
New York Womens Foundation directs 80% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Womens Foundation compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), New York Womens Foundation is above average for NTEE category P120 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York Womens Foundation located?
New York Womens Foundation is headquartered in New York, New York and files with the IRS under EIN 133457287. It is classified under NTEE code P120.
How many years of IRS 990 filings does New York Womens Foundation have?
New York Womens Foundation 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 $13.6M in total revenue.
Is the New York Women's Foundation a good charity?
Based on its consistent high program spending (80% in 2023) and growing asset base, the New York Women's Foundation appears to be an effective charity in terms of delivering on its mission. The reported 0% officer compensation is a unique aspect that could be viewed positively for resource allocation, though it warrants further investigation for clarity.
Why does the organization report 0% officer compensation?
The consistent reporting of 0% officer compensation across all available IRS 990 filings is highly unusual for an organization of this size. This could mean that executive compensation is covered by a related entity, that the roles are entirely voluntary, or that compensation is reported under a different category not explicitly labeled 'officer compensation' on the summary page. Further inquiry into their detailed compensation schedules would be necessary for a complete understanding.
What is the trend in the organization's financial health?
The organization's financial health shows a generally increasing asset base, from $16,042,437 in 2014 to $29,141,468 in 2023. However, there have been several years (2016, 2019, 2020, 2023) where expenses exceeded revenue, with the largest deficit of over $3.6 million in 2023. While assets are strong, consistent operating deficits could impact long-term sustainability if not addressed.
How efficient is their spending?
The New York Women's Foundation demonstrates strong spending efficiency, with 80% of its total expenses in 2023 allocated directly to program services. This indicates that the vast majority of funds are used for its core mission rather than administrative or fundraising overhead.
Filing History
IRS 990 filing history for New York Womens Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Womens Foundation's revenue has grown by 157.7%, moving from $5.8M to $14.9M. Total assets increased by 145.4% over the same period, from $11.9M to $29.1M. Total functional expenses rose by 140.1%, from $7.7M to $18.5M. In its most recent filing year (2023), New York Womens Foundation reported a deficit of $3.6M, with expenses exceeding revenue. The organization holds $6.6M in liabilities against $29.1M in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $22.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.9M | $18.5M | $29.1M | $6.6M | — | — |
| 2022 | $17.0M | $16.5M | $32.1M | $7.3M | — | View 990 |
| 2021 | $15.8M | $15.8M | $31.7M | $5.2M | — | View 990 |
| 2020 | $11.9M | $14.6M | $30.1M | $4.5M | — | View 990 |
| 2019 | $14.7M | $16.7M | $30.8M | $3.5M | — | View 990 |
| 2018 | $22.0M | $17.5M | $31.5M | $3.6M | — | View 990 |
| 2017 | $20.9M | $13.9M | $25.0M | $626K | — | View 990 |
| 2016 | $6.2M | $13.1M | $17.7M | $1.0M | — | View 990 |
| 2015 | $20.7M | $11.0M | $24.0M | $700K | — | View 990 |
| 2014 | $6.0M | $9.8M | $16.0M | $688K | — | View 990 |
| 2013 | $7.0M | $9.6M | $22.4M | $2.9M | — | View 990 |
| 2012 | $21.0M | $9.3M | $23.8M | $2.8M | — | View 990 |
| 2011 | $5.8M | $7.7M | $11.9M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.9M, expenses of $18.5M, and assets of $29.1M (revenue -12.2% year-over-year).
- 2022: Revenue of $17.0M, expenses of $16.5M, and assets of $32.1M (revenue +7.2% year-over-year).
- 2021: Revenue of $15.8M, expenses of $15.8M, and assets of $31.7M (revenue +33.0% year-over-year).
- 2020: Revenue of $11.9M, expenses of $14.6M, and assets of $30.1M (revenue -19.3% year-over-year).
- 2019: Revenue of $14.7M, expenses of $16.7M, and assets of $30.8M (revenue -33.1% year-over-year).
- 2018: Revenue of $22.0M, expenses of $17.5M, and assets of $31.5M (revenue +5.4% year-over-year).
- 2017: Revenue of $20.9M, expenses of $13.9M, and assets of $25.0M (revenue +236.7% year-over-year).
- 2016: Revenue of $6.2M, expenses of $13.1M, and assets of $17.7M (revenue -70.1% year-over-year).
- 2015: Revenue of $20.7M, expenses of $11.0M, and assets of $24.0M (revenue +245.1% year-over-year).
- 2014: Revenue of $6.0M, expenses of $9.8M, and assets of $16.0M (revenue -14.2% year-over-year).
- 2013: Revenue of $7.0M, expenses of $9.6M, and assets of $22.4M (revenue -66.6% year-over-year).
- 2012: Revenue of $21.0M, expenses of $9.3M, and assets of $23.8M (revenue +263.8% year-over-year).
- 2011: Revenue of $5.8M, expenses of $7.7M, and assets of $11.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Womens Foundation:
Data Sources and Methodology
This transparency report for New York Womens Foundation 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.