Oritani Charitable Foundation

Oritani Charitable Foundation maintains substantial assets and reports zero officer compensation, despite fluctuating annual revenues and expenses.

EIN: 205692529 · Ramsey, NJ · NTEE: T22 · Updated: 2026-03-28

$3.4MRevenue

$19.7MAssets

90/100Mission Score (Excellent)

T22

About Oritani Charitable Foundation

Oritani Charitable Foundation (EIN: 205692529) is a nonprofit organization based in Ramsey, NJ, classified under NTEE code T22. The organization reported total revenue of $3.4M and total assets of $19.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oritani Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Oritani Charitable Foundation demonstrates a generally strong financial position with substantial assets, currently at $19,692,619. The foundation's revenue has fluctuated significantly over the past decade, with a notable peak of $6,260,493 in 2021, contrasting with $586,342 in 2023. Expense management appears efficient in most years, with expenses often well below revenue, indicating a focus on asset growth and long-term sustainability. For instance, in 2023, expenses were $349,952 against $586,342 in revenue. The foundation consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very lean administrative structure at the top.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Oritani Charitable Foundation with a Mission Score of 90 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: 90%
fundraising: 0%

According to IRS 990 filings, Oritani Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported at 0% across all available filings, indicating that no officers receive salaries from the foundation. This is highly commendable and suggests a volunteer leadership structure or that compensation is covered by an affiliated entity, allowing more funds to be directed to charitable activities.

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 Oritani Charitable Foundation's IRS 990 filings:

Significant year-over-year revenue volatility, making future income less predictable.

Strengths

The following positive indicators were identified for Oritani Charitable Foundation:

Consistently reports 0% officer compensation, indicating high efficiency in leadership costs.
Strong and growing asset base, currently at $19,692,619, providing long-term stability.
Generally low expense ratios relative to revenue in most years, suggesting efficient operations.
Positive net assets, with assets significantly exceeding liabilities across all reported periods.

Frequently Asked Questions about Oritani Charitable Foundation

Is Oritani Charitable Foundation a good charity?

Based on the available data, Oritani Charitable Foundation appears to be a good charity, primarily due to its strong asset base, consistent reporting of 0% officer compensation, and generally efficient expense management relative to its revenue, indicating a focus on its mission.

How has the foundation's revenue changed over time?

The foundation's revenue has shown significant variability, ranging from a low of $586,342 in 2023 to a high of $6,260,493 in 2021, indicating potential reliance on large, infrequent contributions or investment gains.

What is the trend in the foundation's assets?

The foundation's assets have shown consistent growth over the decade, increasing from $14,298,295 in 2011 to $19,692,619 currently, peaking at $22,701,511 in 2021, demonstrating strong financial stewardship and accumulation of resources.

Does the foundation spend efficiently?

Yes, in most years, the foundation's expenses are significantly lower than its revenue, such as $349,952 in expenses against $586,342 in revenue in 2023, suggesting efficient spending and a focus on building reserves or making grants.

Filing History

IRS 990 filing history for Oritani Charitable Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Oritani Charitable Foundation's revenue has declined by 17%, moving from $706K to $586K. Total assets increased by 40.5% over the same period, from $14.3M to $20.1M. Total functional expenses fell by 60.6%, from $887K to $350K. In its most recent filing year (2023), Oritani Charitable Foundation reported a surplus of $236K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $20.1M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $18.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$586K	$350K	$20.1M	$1.3M	—	View 990
2022	$590K	$1.8M	$19.0M	$1.6M	—	View 990
2021	$6.3M	$314K	$22.7M	$164K	—	View 990
2020	$659K	$90K	$17.7M	$420K	—	View 990
2019	$1.0M	$919K	$20.0M	$848K	—	View 990
2015	$1.3M	$850K	$18.4M	$527K	—	View 990
2014	$1.2M	$716K	$17.3M	$711K	—	View 990
2013	$1.2M	$717K	$18.0M	$960K	—	View 990
2012	$1.2M	$1.5M	$17.2M	$1.2M	—	View 990
2011	$706K	$887K	$14.3M	$361K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $586K, expenses of $350K, and assets of $20.1M (revenue -0.7% year-over-year).
2022: Revenue of $590K, expenses of $1.8M, and assets of $19.0M (revenue -90.6% year-over-year).
2021: Revenue of $6.3M, expenses of $314K, and assets of $22.7M (revenue +850.7% year-over-year).
2020: Revenue of $659K, expenses of $90K, and assets of $17.7M (revenue -36.3% year-over-year).
2019: Revenue of $1.0M, expenses of $919K, and assets of $20.0M (revenue -22.8% year-over-year).
2015: Revenue of $1.3M, expenses of $850K, and assets of $18.4M (revenue +15.5% year-over-year).
2014: Revenue of $1.2M, expenses of $716K, and assets of $17.3M (revenue -3.7% year-over-year).
2013: Revenue of $1.2M, expenses of $717K, and assets of $18.0M (revenue -1.5% year-over-year).
2012: Revenue of $1.2M, expenses of $1.5M, and assets of $17.2M (revenue +73.0% year-over-year).
2011: Revenue of $706K, expenses of $887K, and assets of $14.3M.

Data Sources and Methodology

This transparency report for Oritani Charitable 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.