Nysarc Inc
Nysarc Inc maintains stable operations with growing assets and no reported officer compensation in public filings.
EIN: 135596746 · New York, NY · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $327.7M |
| Total Expenses | $311.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $300 |
| Net Assets | $14.5M |
| Transparency Score | 80/100 |
Is Nysarc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nysarc Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nysarc Inc
Nysarc Inc (EIN: 135596746) is a nonprofit organization based in New York, NY, classified under NTEE code P820. The organization reported total revenue of $327.7M and total assets of $207.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nysarc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nysarc Inc is a major nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $308.1M |
| Total Expenses | $311.9M |
| Surplus / Deficit | $-3,825,783 |
| Total Assets | $205.2M |
| Total Liabilities | $190.7M |
| Net Assets | $14.5M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 92.9% |
| Months of Reserves | 7.9 months |
Financial Health Grade: C
In 2023, Nysarc Inc reported a deficit of $3.8M with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 92.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nysarc Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.5% | +4.5% | -2.7% |
| 2022 | +7.7% | +9.3% | -7.1% |
| 2021 | -6.1% | -4.6% | -1.0% |
| 2020 | -0.4% | +-0.0% | +103.6% |
| 2019 | +3.6% | +3.2% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1954 |
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 Nysarc Inc with a Mission Score of 80 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, Nysarc Inc 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 deficit of $3.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 92.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization with over $300 million in annual revenue. This either indicates a fully volunteer executive leadership or that executive compensation is reported under different categories within the full 990 form, requiring deeper scrutiny.
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 Nysarc Inc's IRS 990 filings:
- Consistent 0% officer compensation reported in summary data, which is highly unusual for an organization of this size and requires further investigation into the full 990 forms to understand actual executive remuneration.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent revenue growth over the past decade, indicating strong financial sustainability.
- Significant asset growth from $86.7 million in 2014 to $205.1 million in 2023, demonstrating effective asset management.
- Stable financial operations with revenues generally keeping pace with expenses.
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a legitimate charity?
Nysarc Inc (EIN: 135596746) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $327.7M. 1 red flag identified. 3 strengths noted. Financial health grade: C.
How does Nysarc Inc spend its money?
Nysarc Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nysarc Inc tax-deductible?
Nysarc Inc is registered as a tax-exempt nonprofit (EIN: 135596746). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nysarc Inc CEO make?
Nysarc Inc's highest-compensated officer earns $300 annually. The organization reported $327.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nysarc Inc's spending goes to programs?
Nysarc Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nysarc Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Nysarc Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nysarc Inc located?
Nysarc Inc is headquartered in New York, New York and files with the IRS under EIN 135596746. It is classified under NTEE code P820.
How many years of IRS 990 filings does Nysarc Inc have?
Nysarc 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 $327.7M in total revenue.
Is Nysarc Inc a good charity?
Based on the provided data, Nysarc Inc appears to be a financially stable organization with substantial assets and consistent revenue. The lack of reported officer compensation in the summary data is a unique point that would require reviewing the full 990 forms to understand the complete picture of executive remuneration and overall spending efficiency.
How does Nysarc Inc manage its assets?
Nysarc Inc has demonstrated significant asset growth, from $86.7 million in 2014 to $205.1 million in 2023, indicating effective asset management and potentially strategic investments or accumulation of reserves.
What is the trend in Nysarc Inc's financial performance?
Nysarc Inc has shown consistent revenue growth over the past decade, from $229.2 million in 2014 to $308.0 million in 2023. Expenses have generally tracked revenues closely, indicating stable operations, though some years show slight deficits (e.g., 202306: $308M revenue vs. $311M expenses).
Filing History
IRS 990 filing history for Nysarc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nysarc Inc's revenue has grown by 28.5%, moving from $239.8M to $308.1M. Total assets increased by 135.9% over the same period, from $87.0M to $205.2M. Total functional expenses rose by 30.4%, from $239.2M to $311.9M. In its most recent filing year (2023), Nysarc Inc reported a deficit of $3.8M, with expenses exceeding revenue. The organization holds $190.7M in liabilities against $205.2M in assets (debt-to-asset ratio: 92.9%), resulting in net assets of $14.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $308.1M | $311.9M | $205.2M | $190.7M | — | View 990 |
| 2022 | $289.2M | $298.5M | $210.9M | $193.3M | — | View 990 |
| 2021 | $268.6M | $272.9M | $227.1M | $198.2M | — | View 990 |
| 2020 | $286.2M | $286.0M | $229.4M | $197.7M | — | View 990 |
| 2019 | $287.4M | $286.1M | $112.7M | $74.0M | — | View 990 |
| 2018 | $277.4M | $277.3M | $101.4M | $63.9M | — | View 990 |
| 2017 | $267.2M | $266.9M | $102.5M | $65.1M | — | View 990 |
| 2016 | $266.1M | $264.2M | $99.4M | $62.9M | — | View 990 |
| 2015 | $242.3M | $241.2M | $96.8M | $61.8M | — | View 990 |
| 2014 | $229.2M | $229.7M | $86.8M | $52.6M | — | View 990 |
| 2013 | $232.4M | $231.9M | $91.4M | $57.6M | — | View 990 |
| 2012 | $227.4M | $226.2M | $83.3M | $50.4M | — | View 990 |
| 2011 | $239.8M | $239.2M | $87.0M | $54.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $308.1M, expenses of $311.9M, and assets of $205.2M (revenue +6.5% year-over-year).
- 2022: Revenue of $289.2M, expenses of $298.5M, and assets of $210.9M (revenue +7.7% year-over-year).
- 2021: Revenue of $268.6M, expenses of $272.9M, and assets of $227.1M (revenue -6.1% year-over-year).
- 2020: Revenue of $286.2M, expenses of $286.0M, and assets of $229.4M (revenue -0.4% year-over-year).
- 2019: Revenue of $287.4M, expenses of $286.1M, and assets of $112.7M (revenue +3.6% year-over-year).
- 2018: Revenue of $277.4M, expenses of $277.3M, and assets of $101.4M (revenue +3.8% year-over-year).
- 2017: Revenue of $267.2M, expenses of $266.9M, and assets of $102.5M (revenue +0.4% year-over-year).
- 2016: Revenue of $266.1M, expenses of $264.2M, and assets of $99.4M (revenue +9.8% year-over-year).
- 2015: Revenue of $242.3M, expenses of $241.2M, and assets of $96.8M (revenue +5.7% year-over-year).
- 2014: Revenue of $229.2M, expenses of $229.7M, and assets of $86.8M (revenue -1.4% year-over-year).
- 2013: Revenue of $232.4M, expenses of $231.9M, and assets of $91.4M (revenue +2.2% year-over-year).
- 2012: Revenue of $227.4M, expenses of $226.2M, and assets of $83.3M (revenue -5.2% year-over-year).
- 2011: Revenue of $239.8M, expenses of $239.2M, and assets of $87.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nysarc Inc:
Data Sources and Methodology
This transparency report for Nysarc 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.