Ohel Childrens Home And Family Services Inc

Ohel Childrens Home And Family Services Inc shows consistent revenue growth and healthy financial surpluses.

EIN: 116078704 · Brooklyn, NY · NTEE: P70 · Updated: 2026-03-28

$90.5MRevenue
$88.1MGross Revenue
$96.2MAssets
88/100Mission Score (Excellent)
P70
Ohel Childrens Home And Family Services Inc Financial Summary
MetricValue
Total Revenue$90.5M
Total Expenses$77.6M
Program Spending85%
CEO/Top Officer Pay$80
Net Assets$44.3M
Transparency Score88/100

Is Ohel Childrens Home And Family Services Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Ohel Childrens Home And Family Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Ohel Childrens Home And Family Services Inc

Ohel Childrens Home And Family Services Inc (EIN: 116078704) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P70. The organization reported total revenue of $90.5M and total assets of $96.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ohel Childrens Home And Family Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

59Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

Ohel Childrens Home And Family Services Inc is a major nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$80.9M
Total Expenses$77.6M
Surplus / Deficit+$3.4M
Total Assets$91.1M
Total Liabilities$46.8M
Net Assets$44.3M
Operating Margin4.2%
Debt-to-Asset Ratio51.3%
Months of Reserves14.1 months

Financial Health Grade: A

In 2023, Ohel Childrens Home And Family Services Inc reported a surplus of $3.4M with revenue exceeding expenses, holds 14.1 months of operating reserves (strong position), has a debt-to-asset ratio of 51.3% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Ohel Childrens Home And Family Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-7.0%-2.8%+1.6%
2022+26.1%+16.7%-5.0%
2021+0.2%+0.2%+3.6%
2020+4.1%+1.9%-2.1%
2019+4.0%+5.8%-0.4%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1967

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Ohel Childrens Home And Family Services Inc demonstrates generally sound financial health with consistent revenue growth over the past decade, reaching $80,949,022 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenues of $80,949,022 exceeded expenses of $77,564,111. This indicates effective financial management and the ability to cover operational costs. The organization's assets have also shown growth, reaching $91,058,774 in 2023, providing a solid financial foundation. Spending efficiency appears to be strong, with a significant portion of expenses likely directed towards program services, given the consistent surpluses and the nature of a children's home and family services organization. While specific program spending percentages are not provided in the raw data, the overall financial health suggests efficient use of funds. The consistent growth in both revenue and assets, alongside manageable liabilities, points to a well-managed financial operation. Transparency regarding executive compensation is high, as the filings consistently report 0% for Officer Comp across all available periods. This indicates that the organization's officers are either unpaid or their compensation is not reported in this specific field, which is a notable point for transparency. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to regulatory compliance and public disclosure.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ohel Childrens Home And Family Services Inc 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, Ohel Childrens Home And Family Services 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:

$80.9MTotal Revenue
$77.6MTotal Expenses
$91.1MTotal Assets
$46.8MTotal Liabilities
$44.3MNet Assets
  • The organization reported a surplus of $3.4M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 51.3%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, suggesting that officers are either uncompensated or their compensation is not categorized under 'Officer Comp' in these filings, which is a highly transparent approach for an organization of its size with over $80 million in annual revenue.

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.

Strengths

The following positive indicators were identified for Ohel Childrens Home And Family Services Inc:

  • Consistent revenue growth, from $58M in 2014 to $80M in 2023.
  • Consistent financial surpluses, indicating effective expense management.
  • Strong asset base, with assets of $91M in 2023 providing financial stability.
  • High transparency regarding executive compensation (0% reported Officer Comp).
  • Long history of IRS 990 filings (13 periods), demonstrating commitment to compliance.

Frequently Asked Questions about Ohel Childrens Home And Family Services Inc

Is Ohel Childrens Home And Family Services Inc a legitimate charity?

Ohel Childrens Home And Family Services Inc (EIN: 116078704) 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: $90.5M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Ohel Childrens Home And Family Services Inc spend its money?

Ohel Childrens Home And Family Services Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Ohel Childrens Home And Family Services Inc tax-deductible?

Ohel Childrens Home And Family Services Inc is registered as a tax-exempt nonprofit (EIN: 116078704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Ohel Childrens Home And Family Services Inc CEO make?

Ohel Childrens Home And Family Services Inc's highest-compensated officer earns $80 annually. The organization reported $90.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Ohel Childrens Home And Family Services Inc's spending goes to programs?

Ohel Childrens Home And Family Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Ohel Childrens Home And Family Services Inc compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Ohel Childrens Home And Family Services Inc is above average for NTEE category P70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Ohel Childrens Home And Family Services Inc located?

Ohel Childrens Home And Family Services Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 116078704. It is classified under NTEE code P70.

How many years of IRS 990 filings does Ohel Childrens Home And Family Services Inc have?

Ohel Childrens Home And Family Services 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 $90.5M in total revenue.

Is Ohel Childrens Home And Family Services Inc financially stable?

Yes, the organization appears financially stable, consistently generating surpluses (e.g., $3,384,911 in 2023) and showing steady asset growth, with assets reaching $91,058,774 in 2023.

How has Ohel's revenue changed over time?

Ohel's revenue has shown significant growth, increasing from $58,174,178 in 2014 to $80,949,022 in 2023, indicating a strong upward trend.

What is the organization's approach to executive compensation?

The organization consistently reports 0% for Officer Comp in its IRS 990 filings, suggesting a highly conservative or non-traditional approach to executive compensation reporting.

Are the organization's liabilities manageable?

Yes, liabilities, while substantial at $46,751,523 in 2023, are well-covered by assets of $91,058,774, indicating a healthy financial position.

Filing History

IRS 990 filing history for Ohel Childrens Home And Family Services Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ohel Childrens Home And Family Services Inc's revenue has grown by 36.9%, moving from $59.1M to $80.9M. Total assets increased by 75.1% over the same period, from $52.0M to $91.1M. Total functional expenses rose by 41.3%, from $54.9M to $77.6M. In its most recent filing year (2023), Ohel Childrens Home And Family Services Inc reported a surplus of $3.4M, with revenue exceeding expenses. The organization holds $46.8M in liabilities against $91.1M in assets (debt-to-asset ratio: 51.3%), resulting in net assets of $44.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $80.9M $77.6M $91.1M $46.8M
2022 $87.0M $79.8M $89.6M $48.8M View 990
2021 $69.0M $68.4M $94.3M $58.5M
2020 $68.9M $68.3M $91.0M $57.5M View 990
2019 $66.1M $67.0M $93.0M $59.2M View 990
2018 $63.6M $63.3M $93.4M $58.0M View 990
2017 $63.0M $61.9M $88.0M $52.0M View 990
2016 $60.0M $60.2M $76.7M $42.7M View 990
2015 $69.0M $59.6M $75.4M $40.7M View 990
2014 $58.2M $55.7M $57.7M $31.9M View 990
2013 $54.5M $52.2M $60.3M $37.0M View 990
2012 $52.1M $51.2M $57.9M $37.8M View 990
2011 $59.1M $54.9M $52.0M $33.6M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $80.9M, expenses of $77.6M, and assets of $91.1M (revenue -7.0% year-over-year).
  • 2022: Revenue of $87.0M, expenses of $79.8M, and assets of $89.6M (revenue +26.1% year-over-year).
  • 2021: Revenue of $69.0M, expenses of $68.4M, and assets of $94.3M (revenue +0.2% year-over-year).
  • 2020: Revenue of $68.9M, expenses of $68.3M, and assets of $91.0M (revenue +4.1% year-over-year).
  • 2019: Revenue of $66.1M, expenses of $67.0M, and assets of $93.0M (revenue +4.0% year-over-year).
  • 2018: Revenue of $63.6M, expenses of $63.3M, and assets of $93.4M (revenue +0.9% year-over-year).
  • 2017: Revenue of $63.0M, expenses of $61.9M, and assets of $88.0M (revenue +5.0% year-over-year).
  • 2016: Revenue of $60.0M, expenses of $60.2M, and assets of $76.7M (revenue -13.1% year-over-year).
  • 2015: Revenue of $69.0M, expenses of $59.6M, and assets of $75.4M (revenue +18.7% year-over-year).
  • 2014: Revenue of $58.2M, expenses of $55.7M, and assets of $57.7M (revenue +6.7% year-over-year).
  • 2013: Revenue of $54.5M, expenses of $52.2M, and assets of $60.3M (revenue +4.7% year-over-year).
  • 2012: Revenue of $52.1M, expenses of $51.2M, and assets of $57.9M (revenue -12.0% year-over-year).
  • 2011: Revenue of $59.1M, expenses of $54.9M, and assets of $52.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ohel Childrens Home And Family Services Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Ohel Childrens Home And Family Services 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.

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